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Seattle Children's Hospital and Regional Medical Center Implements XactiMed's Claims Management solution to Improve Revenue Cycle Performance
DALLAS, January 8, 2007 - XactiMed, a provider of web-based claims processing, remittance and denial management revenue cycle solutions to the healthcare industry, today announced that Seattle Children's Hospital and Regional Medical Center has implemented XactiMed's claims and remittance management solutions.
"We are very pleased to have been selected as Children's Hospital Claims Management vendor," said D.T. Nguyen, XactiMed President and CEO. "We look forward to helping them realize their operational and financial goals by providing a more effective approach to their hospital's billing cycle."
About Seattle Children's Hospital and Regional Medical Center
Seattle Children's is consistently ranked as one of the best children's hospitals in the country by U.S. News & World Report and Child magazines, Children's serves as the pediatric referral center for Washington, Alaska, Montana and Idaho.
Children's delivers superior patient care, advances new discoveries and treatments in pediatric research, and serves as a primary teaching, clinical and research site for the Department of Pediatrics at the University of Washington School of Medicine.
About XactiMed
XactiMed provides web-based revenue cycle solutions and outsourcing services to the healthcare industry. XactiMed's claims, remittance and denial management solutions improve efficiency and effectiveness across the revenue cycle resulting in improved financial performance for the hospitals we serve. XactiMed was founded by D.T. Nguyen in 1998. XactiMed is a private company backed by Buena Venture Associates, L.P., an investment fund founded by Sid R. Bass, and Lee M. Bass Inc., of Fort Worth, Texas.
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