athenahealth, a provider of internet-based business services to physician practices, and the Illinois State Medical Society, have entered into an agreement to offer athenahealth’s on-demand practice management services to over 12,000 ISMS physician members in an effort to drive member practices’ operational and financial outcomes.
Under the terms of the agreement, Illinois State Medical Society (ISMS) members will receive a discount on athenahealth’s practice management service, athenaCollector.
athenahealth has said that its software-enabled service, athenaCollector, is a physician revenue cycle management offering that integrates web-based practice management software, continually updated payer knowledge, and back-office processing specialists into a single service.
athenahealth has also said that its proprietary payer and clinical rules engine, athenaRules, is a real-time database of payer rules and regulations with new rules being continuously added. ISMS member physicians will now have access to athenahealth’s athenaCollector practice management and billing service, which is designed to deliver faster reimbursement, increased revenue, and ultimately, improved practice workflow and operations.
Shastri Swaminathan, president of ISMS, said: One of ISMS’s goals is to help our members improve their practices’ financial and business operations. As we evaluated various healthcare technology vendors, it became clear that athenahealth has taken a leadership role in this endeavor through their unique web-based service offerings.