Virtua Medical Group Selects GE Healthcare for Hosted Revenue Cycle Management Solutions
Expanded relationship supports mutual goal to improve the delivery of patient services and transform the healthcare model
BARRINGTON, IL. – GE Healthcare, a leading provider of healthcare information technology, announced today announced that Virtua Medical Group (VMG), a division of Virtua Health (Marlton, NJ) has expanded their relationship with GE, selecting Centricity® Business Advantage to host core revenue cycle management (RCM) functions for their employed physician practices.
Virtua Medical Group is a multi-specialty physician practice with over 100 members in 29 office locations who care for patients in Southern New Jersey, providing personalized attention along with confidential and compassionate care.
Since 2004, Virtua has worked closely with GE Healthcare on initiatives to redefine 21st century patient care. This strategic relationship encompasses collaboration in business development, technology optimization, leadership development, and clinical and operational excellence, leveraging the respective strengths of both organizations in transforming healthcare delivery by creating a “learning lab” environment.
Through the selection of Centricity Business Advantage, VMG expects to further leverage the best practices of GE people and processes while implementing industry-leading financial and administrative software to better manage their business.
“At VMG, we recognize the need to apply our resources in a way that will serve patient needs for generations to come,“ said Matt Zuino, Vice President, Virtua Medical Group. “Through our work with GE, we are able to leverage the resources and strength of their organization in order to achieve our vision for patient-focused healthcare delivery,” stated Zuino. "Having GE host the Centricity Business enterprise patient financial, administrative and business intelligence solutions just made sense for our physician practices. We gain access to the powerful tools that can help us improve our bottom line, and continue our strategic relationship with the GE teams who bring the extra elements of experience and expertise.”
“Virtua has made an outstanding commitment to improving patient care through technology,” stated James M. Corrigan, Vice President and General Manager, GE Healthcare IT. “For more than 40 years, we’ve helped customers drive business performance in support of their clinical mission, and these priorities match up perfectly with the leadership vision of Virtua Health. We look forward to continuing our partnership and supporting Virtua’s drive to provide the highest quality patient care while enhancing employee productivity and overall business performance.”
Centricity Business Advantage is one of the most comprehensive, fully-outsourced management services available. By removing obstacles such as large capital requirements, IT staffing and long installation times, it frees up capital that organizations are able to put back into clinical care and business growth. For organizations seeking a comprehensive clinical, financial and administrative package, Centricity Business Advantage also provides a single-source solution with Centricity Electronic Medical Record (EMR) for ambulatory clinicals.
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