Banner Health Adds Cerner’s Revenue Cycle Management


Banner Health and Cerner Corporation® (NASDAQ: CERN), a global health care technology company, have expanded their relationship to implement an end-to-end, comprehensive suite of revenue cycle management solutions, building on a multi-year, long-standing strategic alignment using health care technology to drive population health improvement. The revenue cycle integration is designed to streamline and simplify the clinician and patient experience across Banner Health’s entire system, including 28 hospitals and clinics in six states.

“An essential strategy for accelerating our solution capabilities is collaborating with leading health systems,” said Don Trigg, president, Cerner. “Banner Health is pushing strategically to make revenue cycle management a core competency for both the health care financing models of today and tomorrow. This next phase of work offers both organizations an exciting opportunity to set a new industry standard.”    

To successfully manage business today, health systems need clinical, financial and operational data that works together. Cerner’s clinically-drive revenue cycle solution uses a common, single and integrated platform designed to help improve savings, cost-effectiveness and build a healthier bottom line for health systems. 

Banner Health will integrate Cerner’s registration, scheduling, patient billing, practice management solutions and transaction services with its existing EHR on the Cerner Millennium® platform. This integration between revenue cycle and clinical systems will help connect a patient’s clinicals and financials to one single view across the health system ultimately streamlining billing operations and improving the overall patient experience. Cerner’s open platform also offers a way to more easily integrate third-party applications to help meet Banner Health’s specific needs.  

“After comprehensive planning and alignment between our two organizations, we are confident that teaming with Cerner to achieve a fully integrated revenue cycle platform will meet our business needs now and into the future,” said Dennis Laraway, CFO, Banner Health. “Building on our past successful collaborations with Cerner for mainly clinical applications, adoption of their revenue cycle management solution is now a critical next step to streamline both clinical and financial solutions for our patients across the entire Banner Health enterprise.”

This expansion is expected to better position Banner Health to flexibly adapt to new payment structures, more quickly adjust to policy and compliance changes, better coordinate single registration between acute and ambulatory services and centralize single-source patient charting and reporting across multiple care locations.

“The integrated approach housed within Cerner Millennium supports a more efficient and cost-effective approach for our providers and enhances the patient care experience as their health information easily follows them across the Banner Health continuum of care,” said Laraway.  

 For more information, visit Cerner.comThe Cerner Blog or connect on FacebookInstagramLinkedIn, Twitter or The Cerner Podcast. Nasdaq: CERN. Health care is too important to stay the same.



July 22, 2020


Topic Area: Press Release


Recent Posts

17 Million Patient Records Stolen in PIH Health Ransomware Attack

A ransomware attack halted operations across three of PIH’s hospitals.


Holidays are Prime Times for Healthcare Cyberattacks

A study found that 86 percent of organizations that experienced ransomware attacks were targeted on a holiday or weekend.


Hartford Healthcare Forms Partnership to Open Health Equity Clinic

The new clinic will open in January 2025.


UCHealth Reveals Plans for Memorial Hospital North Expansion

Construction on the patient tower is slated for 2026 with a projected opening to patients in 2029.


What Are 'Hospi-tels'?

Hospitals and hotels are partnering to better cater to patients and families.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.