|By PR Newswire||
|January 13, 2014 10:19 AM EST||
THE WOODLANDS, Texas, Jan. 13, 2014 /PRNewswire/ -- Cardon Outreach today announced that it has acquired Via Health, a company based in Colorado Springs that is focused on patient-friendly resolution of medical bills.
In complementary ways, both companies help hospitals and clinics address the uninsured and underinsured segments of their patient populations. Cardon Outreach works on behalf of hospitals to secure third party coverage for their patients who qualify; Via Health manages patient friendly payment plans to reduce the financial disruption of out-of-pocket medical bills. Both companies have a patient-centric advocacy approach that significantly improves both revenue cycle performance and patient satisfaction.
Douglas Cardon, Chairman and founder of Cardon Outreach, said: "This transaction was an obvious fit for us. By integrating our complementary services, we will improve revenue cycle efficiency while enhancing the patient experience by reducing the number of handoffs and enabling third party and patient pay solutions to be pursued in parallel rather than in sequence."
"Via Health also has a great reputation for putting the patient first while delivering outstanding results for their client hospitals. We are well matched in terms of business philosophy and culture."
"We are excited to join Cardon Outreach, a company that I have long admired," said Ron Thomas, President and CEO of Via Health. "Via Health clients will benefit from Cardon Outreach's expertise in eligibility and insurance discovery and together we will improve the financial outcomes for our hospital partners and the patients they serve."
About Cardon Healthcare Network, LLC
Founded in 1996, Cardon Outreach partners with over 500 hospitals and health systems across 35 states to recover revenues and reduce bad debt associated with uninsured, underinsured and unfunded patients. Cardon Outreach offers patient-centered services and technology solutions in areas that include Medicaid and Third Party Eligibility, Third Party Liability, Appeals and Denials Management, Out-of-State Medicaid Enrollment and Billing, and Qualified Health Plan Enrollment.
About Via Health
Founded in 2002, Via Health provides patient pay solutions to healthcare systems and their underinsured patients from facilities in Colorado Springs, CO. Via Health strengthens the patient-provider relationship by reducing the financial stress encountered by patients when paying their medical bills.
SOURCE Cardon Outreach