Desert Valley Radiology, PLC, a Phoenix-based private practice, has selected McKesson Business Performance Services to provide revenue cycle management and support for regulatory compliance, including mandated quality reporting.
“Few physician specialties have been as hard hit as radiology when it comes to the combined impact of reimbursement reductions, regulatory requirements and compliance audits,” said Pat Leonard, president of McKesson Business Performance Services. “We look forward to working closely with Desert Valley to help them sustain their profitability while continuing to provide unmatched service to the residents of the greater Phoenix area.”
Contracted services will include coding, billing, claims submission, denial management, and financial reporting. McKesson will also support Desert Valley through the pending ICD-10 transition in October 2015 and assist in meeting physician reporting requirements of the Centers for Medicare & Medicaid Services’ Physician Quality Reporting System (PQRS).
“Radiology is facing a number of external challenges today, from declining reimbursements and rising costs to quality reporting mandates and other major regulatory hurdles,” said Michael McGovern, Desert Valley practice administrator. “We did our homework and concluded that McKesson was the only company with the depth of resources and expertise needed to help us address the issues confronting us. We are particularly enthusiastic about the ways McKesson can assist in the compliance area. Reducing audit risk in today’s environment has become a critical objective.”
For more information, visit Desert Valley Radiology and McKesson.
