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RE|SOLUTION SIGNS AGREEMENT WITH VHA HEALTH CARE ALLIANCE

FOR IMMEDIATE RELEASE

Contacts:
Jennifer Dulles Jansky
Downing Street Communications for re|solution
303-722-9552
jjansky@downingstreetcomm.com

RE|SOLUTION SIGNS AGREEMENT WITH VHA HEALTH CARE ALLIANCE

re|solution Selected to Deliver Revenue Management Expertise to Rural, Community-Based Health Providers Within VHA’s 2,200-Member Network
 

BOULDER, Colo., May 26, 2004 — re|solution™, the leading revenue cycle optimization organization for rural, community-based health care providers, today announced a significant agreement with VHA Inc., a nationwide cooperative of not-for-profit health care organizations. Through the agreement, re|solution will offer revenue management consulting services to rural, community-based VHA member organizations. The agreement supports VHA’s focus on serving the unique needs of small and rural hospitals.

According to Robin Bradbury, re|solution’s president and chief executive officer, “This agreement represents further recognition of the expertise we’ve developed in servicing the rural, community-based market and brings our services to health care providers needing to immediately increase cash in hand and improve revenue management for the long term. We’re proud to work with VHA in delivering on its mission to improve members’ financial strength.”

re|solution’s unique approach encompasses not only the immediate goal of moving from claims to cash, but also of training, mentoring and educating health care providers on effective business office and revenue management techniques for long-term, sustainable financial improvement. Whether through its experienced staff of on-site experts or its state-of-the-art Virtual Business Office, re|solution provides tailored services specifically created to meet the unique needs of health care providers in rural environments. Flagship services include re|pair, aged AR cleanup; re|assess, revenue cycle assessment; re|source, interim staffing and re|build, the company’s Virtual Business Office solution.

According to Jim Martin, senior director of revenue management consulting for VHA, “Working with re|solution is an extension of our mission to provide our members with the tools and resources necessary to improve their financial strength. re|solution brings an impressive track record of helping health care providers in these markets and we expect great benefits to our members through this affiliation.”

About VHA
VHA Inc. is a national cooperative of leading not-for-profit health care organizations that work together to improve the health of the communities they serve. VHA leverages the collective strength of the membership to improve clinical, operational and financial performance. Through the VHA cooperative, members benefit from resources that assess critical needs and identify best practices to create customized solutions that lower costs and improve clinical quality. As a cooperative, VHA distributes income annually to members based on their participation. Based in Irving, Texas, with 18 offices across the U.S., VHA was named one of the “100 Best Companies to Work For” by Fortune in January 2004, for the fifth year in a row. For more on VHA, go to http://www.vha.com.

About re|solution
re|solution is the leading revenue cycle optimization organization providing highly effective, tailored solutions to the business challenges faced by rural, community-based health care providers. Leveraging key affiliations and partnerships with regional provider associations and industry advisory groups, re|solution brings focused expertise to hospitals, DME suppliers, home care companies, outpatient facilities, physician practices and clinics. The re|solution service offering is distinguished by a highly trained, dedicated core staff and a suite of flexible, proprietary, state-of-the-art analysis and reporting tools that are employed to help clients identify and correct inefficiencies in their revenue cycle processes — resulting in increased cash, reduced costs, and fewer days in AR, as well as an enhanced level of expertise among the client’s own staff to ensure these improvements are sustainable. Founded in 1998, the company serves United States health care providers from its headquarters in Boulder, Colo., and delivers its Virtual Business Office services from a satellite center in Amarillo, Texas. For more information about re|solution’s services or to obtain a free revenue cycle benchmarking analysis of your facility, call (800) 355-0410 or visit www.resoama.com.

 

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