TruBridge, LLC, a subsidiary of CPSI (NASDAQ: CPSI) announced today that it has been recognized as the top-ranked provider for End-to-End Revenue Cycle Management (RCM) Software Technology and RCM Outsourcing Services for hospitals under 100 beds by Black Book Research. This follows rankings at number two and number five, respectively, in the Black Book Research 2017 survey.
TruBridge RCM software clients average a 97% first pass clean claim rate, increasing the speed at which clients get paid. TruBridge RCM outsourcing clients average a 37% increase in net self-pay cash collections, leading to more revenue.
Black Book Research™ is the acknowledged leader of unbiased healthcare technology and services research. Black Book's independent industry benchmark studies, innovative data and analytics provide buyers and consumers with impartial insights, and help vendor companies improve quality, engagement and business performance.
“Nearly 20% of U.S. hospitals call TruBridge their RCM partner, so we are very proud to be recognized by Black Book Research™ as a top RCM provider,” said Chris Fowler, president of TruBridge. “The top ranking for both our HFMA Peer Reviewed® product and RCM outsourcing services reflects our dedication to the hospital market for over 30 years and, more importantly, confirms the value we deliver to our clients.”