N.M. Hospital Goes Live with Claims Processing and Management Solutions

August 30, 2005

XactiMed, a provider of claims, remittance and denial management revenue cycle solutions to the healthcare industry, announced New Mexico-based St. Vincent Regional Medical Center has implemented its claims processing and management revenue cycle product suite.

“St. Vincent Regional Medical Center selected XactiMed based on the recommendation of our revenue cycle vendor selection committee,” said Moira Sanders, St. Vincent Regional Medical Center’s Healthclaims manager, Patient Financial Services. “XactiMed’s direct payer connectivity with the Presbyterian Health Plan and the system’s ability to drop rejected claims back into a biller’s inventory, which will eliminate our current manual review of rejection reports, were both key factors in St. Vincent’s decision to select XactiMed.”

DT Nguyen, XactiMed’s president, CEO and chairman, added, “XactiMed is extremely proud to be associated with an institution like St. Vincent Regional Medical Center. We will make every effort to ensure that St. Vincent Regional Medical Center experiences all the benefits our system is capable of yielding to assist them in achieving their revenue cycle improvement goals.”

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