September 18, 2014 3:18 AM ET

Healthcare Providers and Services

Company Overview of Availity, LLC

Company Overview

Availity, LLC provides information exchange between various healthcare stakeholders through network solutions. It connects care providers with various health plans through an Internet-based and HIPAA-compliant network that allows for automation of business transactions. The company offers physicians and healthcare providers a single destination for processing patient claims and payments; information for healthcare plans and healthcare management services; and information for technology companies. It provides Availity CareCollect, an automated payment collection solution; Availity CareCost Estimator, which provides patient financial responsibility estimation solution; Availity CareProfile, a ...

7406 Fullerton Street

Suite 300

Jacksonville, FL 32256

United States

Founded in 2001

Phone:

904-470-4900

Fax:

904-470-2187

Key Executives for Availity, LLC

Chief Executive Officer
Chief Financial Officer
Chief Technology Officer and Senior Vice President
Chief Compliance Officer
Chief Revenue Officer and Senior Vice President of Sales
Compensation as of Fiscal Year 2014.

Availity, LLC Key Developments

Deaconess Health System Selects Availity to Provide Clearinghouse and Revenue Cycle Management Services

Deaconess Health System has selected Availity to provide clearinghouse and revenue cycle management services for its five southern Indiana hospitals, 20 primary care locations and several specialty facilities, replacing multiple technology platforms with one solution that satisfies the needs of the entire enterprise. Deaconess, which has used Availity's Revenue Cycle Management system for its physician practices for the past five years, wanted to achieve a seamless exchange of information across the enterprise. Deaconess had amassed several different systems during that time, and wanted to achieve greater consistency through one vendor. The health system required a flexible, scalable solution for its hospitals and practices that also integrated with Epic, its enterprise practice management system.

Availity Appoints Nate Eastman as Chief Financial Officer, Effective March 10, 2014

Availity announced that it ah named Nate Eastman as its Chief Financial Officer, effective March 10, 2014. Eastman brings more than 16 years of experience in financial leadership, and has a history of excellence as a strategic business partner in high growth, complex business environments. Most recently, Eastman was CFO of Inovalon, where he was central to strategic planning and decision making in the financial, treasury, and banking functions, in addition to providing executive leadership for budgeting, forecasting, financial reporting and tax matters.

Availity Offers Auto-Posting Service

Availity announced a new service offering from MediStreams which will automate one more process in the medical billing workflow, saving health care businesses time and giving them improved ability to search through information. The MediStreams service complements Availity's core product lines, all of which automate administrative processes and help medical professionals run healthier businesses. Many physician practices still receive paper remittances, and handling them often accounts for a disproportionate amount of the manual work to reconcile payments. The new service converts paper Explanations of Benefits (EOBs) to electronic remittance advice (ERAs), so they can be easily consumed by workflow systems that automatically post and reconcile medical claims. Physician offices, hospitals and billing companies can expect to improve speed, accuracy and the ability to search remittances. Both the original paper document and the electronic document are retained and managed in a secure HIPAA-compliant online system that offers complete transparency and real-time access for the business. All processing is done domestically by MediStreams. One specific advantage of MediStream's EOB to ERA conversion service is the advanced recognition and extraction of detailed patient information from the EOB and patient-paid checks or coupons. This information is paired with the remittance advice, so patient-level reconciliation is possible by account number or name as well as by payment type, check/EFT number, payer name, and deposit date. Patient-level information also helps speed secondary billing, which means health care providers can be fully reimbursed in the timely manner possible.

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