Parathon Software provides revenue cycle management and intelligence-based recovery software for healthcare providers. The company focuses on increasing revenue and streamlining operations for various healthcare entities.

Parathon Software

Hospitals and Health Care

Revenue Cycle Truth PodCast

Parathon  | 9,241 followers on LinkedIn. Your revenue. Our data-driven solutions.
 | Parathon is the original full-scale healthcare Revenue Cycle Management (RCM) data integrator. Introduced 17 years ago as the “Parallel Database®”, or PDB®, Parathon is now widely adopted as the standard model for highly scalable enterprise RCM solutions. 

Parathon assimilates every aspect of cross-platform RCM into one commanding middleware enterprise that functions seamlessly “under-the-waterline” of all legacy systems and the despairing raft of bolt-ons they tow.

Keith Jakubowski

CEO - Personal Life Direction Strategist and Ongoing Story Creator

Jim Hunter

Software Engineer at JDA eHealth Systems, Inc.

Tom Toczydlowski

Vice President TPS at Parathon

Neil Dudley

Parathon

Healthcare providers are struggling with the volume of denials. “The three largest Medicare Advantage insurers have dramatically increased prior authorization requirements and denials for post-acute care” #Parathon #Denials #ContractManagement

⭐Union General Health System CFO, Nick Townsend, chosen as the 2024 HomeTown Health CFO of the Year⭐ HomeTown Health, an organization of 70 rural hospitals in the Southeast, announced Nick Townsend as the 2024 Chief Financial Officer of the Year at the HomeTown Health 25th Annual Fall Conference held at Callaway Gardens October 16-18, 2024. HomeTown Health recognizes hospital leaders who are dedicated to the cause of rural healthcare through their proven service to their hospitals at its annual awards presentation. As the award was presented, Kristy Thomson, COO of HomeTown Health shared, “This CFO is responsible for the overall financial strategy, planning, fiscal health, compliance and sustainable growth at his organization, which consists of two rural hospitals, two nursing homes and over 20 affiliated facilities. He manages over 100 employees and at 38 years old, he has already been a CFO for 12 years. He works hard to ensure his hospital system adopts and utilizes the most up-to-date technology to eliminate deficiencies. Under his leadership, the health system has seen a 10 percent growth year over year for the last eight years. By executing organizational strategy, he led his team in realizing a financial savings of over $1 million a year while also being instrumental in physician recruitment, further enhancing the health systems success.” “On behalf of the entire leadership team and Union General Health System organization, I want to extend my heartfelt congratulations to Nick for being recognized as the HomeTown Health CFO of the Year. This honor is a testament to his exceptional leadership, financial expertise, and unwavering dedication to the mission of improving healthcare outcomes. His strategic vision and commitment to operational excellence has not only strengthened our financial foundation but has also empowered us to continue providing outstanding care to the communities we serve. We are incredibly proud to have him as part of our team, and we look forward to achieving even greater success together,” stated Kevin Bierschenk, Union General Health System CEO. “It is truly our pleasure to work alongside hospital leaders throughout the state who serve in rural facilities. It is an even greater pleasure to be able to recognize those leaders as they excel in their facilities and positively impact their staff and their communities each year.” says Kristy Thomson, COO of HomeTown Health.

Union General Hospital

Today's hospital CFO will make critical decisions in the face of economic turmoil, shrinking margins, and escalating labor costs. #HospitalCFO #HealthcareFinancialLeaders #Parathon https://lnkd.in/er7aqpiu

In 2024, Iranian hackers were the most active cyber attackers targeting healthcare organizations. Microsoft released its report titled "U.S. Healthcare at risk: Strengthening resiliency against ransomware attacks," which offers a detailed overview of the current cybersecurity challenges facing the healthcare sector. 1️⃣ Lace Tempest: This ransomware group focuses on healthcare systems, employing a Ransomware-as-a-Service model that enables affiliates to easily launch attacks. 2️⃣ Sangria Tempest: Sangria Tempest is infamous for executing sophisticated ransomware attacks on healthcare organizations, using advanced encryption to lock critical data. 3️⃣ Cadenza Tempest: Originally known for distributed denial-of-service (DDoS) attacks, Cadenza Tempest has shifted its focus toward ransomware, especially targeting healthcare systems in regions opposing Russian interests. 4️⃣ Vanilla Tempest: Active since mid-2022, Vanilla Tempest is a financially motivated group that has increasingly targeted U.S. healthcare systems using ransomware from RaaS providers. #CyberAttack #Healthcare #Ransomware https://lnkd.in/ezgN9jcy

Becker's is pleased to honor 90 presidents and CEOs of critical access hospitals across the nation. Read here for CAH CEOs to know: https://lnkd.in/gMRPd2VZ Treg Vyzourek, MBA Rhonda Webb Kristie Williams Lauren Geddes Wirth Aaron Wood Dustin Wright, FACHE #CriticalAccessHospitals #CAHs #CEOs #BeckersHealthcare #BeckersLists

Becker's Healthcare

By optimizing pricing across their entire book of business through constant reevaluation, hospitals can continue successfully serving their communities. Read more: https://hubs.li/Q02TdCY10 Post written by Chandler Barron , Forbes Councils Member.

Forbes Technology Council

CMS Price Transparency enforcement may increase for the current regulations. True transparency requires data quality and accuracy. #CMSenforcement #PriceTransparency #DataQuality #DataAccuracy #Parathon #HFMA https://lnkd.in/e_-6iik7

CMS continues to make changes to the price transparency requirements - especially for both July 2024 and January 2025. In a report on federal oversight of hospital price transparency regulations, the Government Accountability Office (GAO) says CMS should expand its enforcement purview regarding data completeness and accuracy. #PriceTransparency #GAO #DataAccuracy #CMSregulations #ParathonAccuracy #Parathon

Introducing Parathon's CDM Price Sensitivity Analysis Tool! Hospitals face constant pressure to optimize pricing strategies while maintaining financial performance. Parathon’s CDM Price Sensitivity Analysis tool empowers healthcare leaders to take control of their pricing decisions with unmatched precision. 📊 Key Benefits: * 100% Data Accuracy: Make strategic pricing decisions confidently, knowing you're working with complete and accurate data. * Informed Negotiations: Strengthen your contract negotiations by understanding the true impact of price adjustments. * Optimized Financial Performance: Drive improved financial outcomes by analyzing how pricing affects patient behavior and market competitiveness. In a complex healthcare landscape, precision is everything. Let Parathon’s CDM Price Sensitivity Analysis guide your hospital toward more informed, strategic decisions. #HealthcareFinance #PriceTransparency #RevenueCycle #HospitalLeadership #Parathon #FinancialOptimization #HealthcareInnovation #PriceSensitivity

Achieving a 30-40x ROI is not a rare occurrence for our clients—it's the standard. At Parathon, we help hospitals maximize revenue recovery and contract management efficiency. Ready to see what kind of return your hospital could achieve? Let our expert team evaluate your current processes and uncover hidden opportunities for growth. With our cutting-edge technology and deep industry expertise, we’ll deliver insights that can lead to significant financial impact. 🔗 Connect with us today and discover your hospital’s ROI potential! #HealthcareFinance #RevenueCycle #ROI #HospitalLeadership #Parathon #HealthcareTechnology #RevenueRecovery

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