MBOS-Jackson Park Press Release
(Chicago, IL) November 2, 2020 – Today, MBOS, Inc. announced the release of the Q3 2020 results from their partnership with Jackson Park Hospital and Medical Center (JPH). In partnership with MBOS, JPH retooled their Clinical Documentation Integrity (CDI) program to address the significant challenge that denials from payers under the Illinois’ MCO program continue to cause. In 2019, the Illinois Health and Hospital Association (IHHA) reported that roughly 26% of Medicaid MCO claims were denied.1 “This amount of denials is particularly hard on “safety-net” hospitals and those who predominately serve the Medicaid population.” said Randall Smith, EVP of Jackson Park Hospital. “Through our partnership with MBOS, we have been able to see our denial rate from the Illinois Medicaid MCO payers fall to 2.83%”, he added. JPH has done an excellent job in addressing the underlying issues seen with the state-wide claim denial issues under the Illinois Medicaid MCO program. “Our partnership with JPH was a natural extension of our deep knowledge of the revenue cycle, particularly on the billing and collections process.” said Jake Mathew, CEO/founder of MBOS.
“MBOS treated us like a partner and together, we focused on the immediate challenges the Medicaid MCOs presented and our Q3 financial numbers showed that, even working through a pandemic, JPH’s leadership positioned us for long-term success.” Smith said. The results of MBOS’ unique approach to CDI along with the dedicated staff of JPH everyone is rowing in the same direction. “Because of the skillset MBOS brings to the table, we were able to retool our CDI program and be proactive to the changes found in the Illinois Medicaid MCO reimbursements.” Smith also added.
ABOUT MBOS – MBOS is a complete revenue cycle company. Our customers range from Academic Medical Centers to community and rural hospitals to the much-needed safety-net hospitals as well as physician practices, ancillary and sub-acute facilities, and service providers. Our unique approach links every point of your patient engagement to the overall revenue cycle continuum. Our strategy will give you confidence in your organization’s financial health metrics and risk mitigation strategies.
ABOUT JACKSON PARK HOSPITAL – Jackson Park Hospital and Medical Center (JPH) is proud to have served the healthcare needs of our patients and community on the south side of Chicago for nearly one hundred years. Our hospital’s dedicated staff continuously strives to provide quality healthcare in a caring and compassionate manner with continuous quality improvement and patient safety as its focus and desired outcome. We offer a wide range of inpatient and outpatient diagnostic, therapeutic and ancillary services with a commitment to medical education at all levels. We thank you for trusting us with your care in the past and look forward to caring for you when serving your future healthcare needs.
For more information about this press release please contact Craig Mills at 225-478-9999 or email@example.com.