Northwest Hospital & Medical Center Teams With Perot Systems for Revenue Cycle Solutions

PLANO, TX – Perot Systems Corporation today announced that the company has entered into an agreement to provide revenue cycle outsourcing solutions to Northwest Hospital & Medical Center, based in Seattle, Washington.

Under terms of the 10-year agreement, Perot Systems will assume operational and administrative responsibility for the business office functions of the 281-bed health care delivery system. Perot Systems will provide billing, accounts receivable management, and third party and self-pay collections services for Northwest. In addition to on-site support, the company also will use its Nashville, Tennessee and Bowling Green, Kentucky service centers to bring Northwest an all-encompassing revenue cycle solution.

“Perot Systems has a demonstrated track record of success with revenue cycle management, and we are pleased to be working with them,” said Robert Steigmeyer, vice president and chief financial officer of Northwest Hospital & Medical Center. “A relationship with Perot Systems brings Northwest a wealth of healthcare revenue cycle expertise and best practices that we hope to leverage to further enhance our financial performance. Moreover, rapidly identifying and realizing improvements in an already well run business office can be challenging. We believe Perot Systems can help take us to the next level of performance.”

Perot Systems serves more than 350 hospitals with information technology and business processing solutions, and is known for its innovative approach to helping providers leverage improvements in the revenue cycle to fund strategic healthcare technology initiatives. “We are honored to be chosen by Northwest for revenue cycle solutions,” said Joe Hodge, leader of Revenue Cycle Solutions for Perot Systems’ healthcare group. “Northwest joins a quickly growing list of hospitals and health system revenue cycle customers that benefit from our expertise, technology, and scale to enhance revenue cycle metrics. We look forward to implementing a robust revenue cycle management strategy and helping Northwest to self fund its long-term healthcare technology programs.”