Loyale Healthcare today announced the rollout of Loyale Patient Financial Manager (PFM) in 2018 to select Parallon clients including 170 HCA hospitals and associated employed physicians across the United States. Parallon expects the configurable platform to enhance the delivery of superior patient engagement and improved financial performance for its clients.
Loyale generates personalized financial plans for patients and provides the ability to consolidate payments into a single financial experience. The solution enables workflow optimization and improved financial performance when combined with operational best practices. Parallon selected Loyale from among several established and emerging revenue cycle and patient engagement solution providers because of its comprehensive technology platform and ability to scale, customize, integrate and adapt its agile solution.
“Parallon is committed to industry-leading quality of service and patient experience, and our relationship with Loyale is a key part of our patient financial engagement strategy going forward. We’re confident that the Loyale leadership team has the expertise to deliver a solution that furthers these goals,” stated Eric Ward, president and CEO of Parallon’s Business Performance Group.
“Loyale is deeply honored to have earned the right to work with Parallon, an industry leader and innovator that has set a high standard of performance. We are committed to providing large healthcare networks, hospitals, ambulatory services and medical groups with the powerful business solutions needed to win in the increasingly consumer-driven healthcare marketplace of today and tomorrow. We are tightly focused on a greatly improved patient financial experience and the associated tangible provider benefits of improved operating margins, cash flow and cost management. In effect, financial fuel for healthcare’s clinical mission,” commented Loyale CEO Kevin Fleming.
Parallon is a leading provider of tailored healthcare revenue cycle services. Parallon partners with hospitals and healthcare systems to optimize the financial health of its clients by addressing complex challenges spanning the revenue cycle. Together with its affiliates, Parallon employs more than 16,500 professionals and serves nearly 600 hospitals and 3,000 physician practices. An affiliate of Parallon holds an equity investment in Loyale Healthcare. Visit www.parallon.com or follow @ParallonConnect on Twitter.
Loyale Healthcare is reinventing the way healthcare providers engage financially with their patients. Since 1990, Loyale companies have helped providers in the healthcare and higher education industries connect with their customers more meaningfully and more successfully. By empowering healthcare providers to treat a patient’s experience with the same level of care devoted to the patient’s clinical experience, Loyale Healthcare Turns Patient Responsibility into Lasting Loyalty. Based in Lafayette, California, Loyale serves healthcare providers across the U.S.