Tenet Healthcare Corporationâs
THC unit Conifer recently announced a new revenue cycle management
(RCM) deal with Alice Peck Day Memorial Hospital (APD), a member of
Dartmouth-Hitchcock Health (D-HH) located in Lebanon, NH. With the
addition of APD, more facilities would be able to gain traction
from end-to-end RCM services that Conifer Health provides to
clinics and hospitals within the D-HH integrated health
Notably, D-HH will benefit from Coniferâs knowhow as that will as
that will strengthen its finances to get a better vision of its
sustainable health system.
D-HH expects Conifer to provide an advanced patient financial
experience through this alliance.
Notably, the relationship between D-HH and Conifer Health has
delivered solid financial results, such as 450 basis points
improvement in operating margins and a 26% reduction in Accounts
Receivable or A/R days outstanding since its inception in
Conifer has already showed its ability to boost patient
satisfaction and revenue capture, decrease denials and enhance cash
flow along with operating margins.
After Cheshire Medical Center engaged the company in November 2017,
APD is the second D-HH system member to embrace Conifer Health for
comprehensive RCM services.
Conifer Health Solutions brings more than 30 years of healthcare
industry expertise to clients in above 135 local regions across the
nation to help drive their financial and clinical performance,
cater to their respective communities and prosper in the business
Shares of this Zacks Rank #3 (Hold) company have shed 44.5% of
value in a yearâs time against its industryâs growth
Investors interested in the medical sector can take a look at some
better-ranked stocks like WellCare Health Plans, Inc. WCG, HCA
Healthcare, Inc. HCA and Molina Healthcare, Inc MOH. You can see
the complete list of todayâs Zacks #1 Rank stocks
WellCare Health offers managed care services to
government-sponsored health care programs. The company pulled off
average positive surprise of 13.52% in the preceding four quarters.
It holds a Zacks Rank #2 (Buy).
HCA Healthcare provides health care services. In the last four
quarters, the company delivered average beat of 15.74%. It carries
a Zacks Rank of 2.
Molina Healthcare is a multi-state healthcare organization. In the
trailing four quarters, the company came up with average beat of
88.17%. It sports a Zacks Rank #1 (Strong Buy).
Looking for Stocks with Skyrocketing
Zacks has just released a Special Report on the booming investment
opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is
expected to blast from an already robust $6.7 billion to $20.2
billion in 2021. Early investors stand to make a killing, but you
have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Want the latest recommendations from Zacks Investment Research?
Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free
Molina Healthcare, Inc
(MOH) : Free Stock Analysis Report
WellCare Health Plans, Inc.
(WCG) : Free Stock Analysis Report
HCA Healthcare, Inc. (HCA)
: Free Stock Analysis Report
Corporation (THC) : Free Stock Analysis Report
To read this article on
Zacks.com click here.
Zacks Investment Research