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News and Information Article
DALLAS, Aug. 9 // -- XactiMed, a provider of web-based claims
processing, remittance and denial management revenue cycle solutions to the
healthcare industry, today announced Bayside Community Hospital & Clinic
has outsourced its third-party billing and collections to XactiMed.
"Bayside Community Hospital & Clinic selected XactiMed due to its
advanced technology, business office expertise and outstanding service and
support," said Robert Pascasio, MHA, CHE, CEO and administrator of Bayside
Community Hospital & Clinic. "XactiMeds proven ability to accelerate cash
flow and reduce A/R proved to be important factors in our selection
process."
"We are excited to bring our software and services to the small and
rural market, providing facilities with the revenue cycle tools and
expertise needed to succeed through our extended business office services,"
said DT Nguyen, XactiMed President and Chief Executive Officer.
About Bayside Community Hospital & Clinic
Bayside Community Hospital in Anahuac, Texas is a 15-bed Critical
Access Hospital located between Houston and Beaumont. The hospital provides
general medical and surgical services to the Anahuac community and includes
an emergency department and trauma center. Bayside was recognized by the
Texas Medical Foundation (TMF) in 2005 with the "Governors Health Care
Quality Improvement Award of Excellence", one of only 31 hospitals in the
state to be so recognized. In 2006, Bayside was again recognized for
excellence in hospital governance by the Texas Academy of Governance during
the 2006 Texas Healthcare Trustees (THT) Spring Forum in Dallas, an award
which recognizes hospitals and health systems that achieve knowledge and
skills in governance and strive to keep that knowledge current through
education and the practice of effective governance. Bayside is the first
critical Access Hospital to achieve this distinction from the Texas academy
of Governance.
About XactiMed
XactiMed provides web-based revenue cycle solutions and outsourcing
services to the healthcare industry. XactiMeds 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 DT 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. For
more information on XactiMed and its advanced revenue cycle solutions for
the healthcare industry, visit the XactiMed Web site at
http://www.xactimed.com .
Contact: Julie Hughes
(214) 382-3503
jhughes@xactimed.com
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