HAPevolve Partners with PARA HealthCare Analytics to Provide Hospital Price Transparency and Revenue Cycle Solutions
PARA HealthCare Analytics has joined HAPevolve. A Healthcare Financial Resources (HFRI) Company started during 1985, PARA provides financial, coding, and contract management consulting services, resulting in significant financial improvement to hospitals and health systems across the country.
As an industry partner to HAPevolve, PARA can assist health care providers with many services within revenue cycle, but especially with the upcoming Centers for Medicare & Medicaid Services (CMS) Price Transparency Requirements (which are set to go into effect on January 1, 2021) through the PARA Price Transparency Tool. PARA’s Price Transparency Tool is a web-based system that follows federal requirements regarding price transparency and allows the patient to determine their share of cost for health care services, provides facilities a system for publishing the CMS-mandated files to a public website, and generates patient quotes of the top procedures for the facility’s Medicare standard analytical data set.
PARA’s services also encompass all aspects of the healthcare revenue cycle, providing services to physician practices, ambulatory care centers, skilled nursing, and independent testing facilities.
HAPevolve identifies and creates valuable partnerships with a variety of businesses serving the health care community. By negotiating with its industry and endorsed partners on behalf of the Pennsylvania hospital and health care community at large, HAPevolve can offer members special benefits and discounts on innovative solutions that can save them both time and money.
To explore how PARA HealthCare Analytics can benefit your organization through their Price Transparency tool, contact Joe Tibbs, HAPevolve’s president, or Violet Archuleta-Chiu, PARA HealthCare Analytics, senior account executive.