Tag: Prochant

CHARLOTTE, N.C. – Prochant has rolled out a new program called Prochant Pulse that marries its analytics platform with coaches and made it available to non-clients.  “What Pulse does is bring a coach to the table to work with that provider to really understand their business, establish a baseline and determine initial priorities,” said Joey Graham, chief revenue officer. “Is their AR way too high? How do we bring that down and, by doing that, bring other metrics down?”  Providers...

CHARLOTTE, N.C. – Prochant has secured a key partnership with VGM & Associates to be the member services organization’s official partner for focused billing solutions. “As experts in revenue cycle management for the HME industry, we feel a responsibility to be present and accessible to HME providers,” said Mathew Mammen, CEO of Prochant. “This partnership with VGM will provide exactly that. Our goal is to show VGM members fast, secure and efficient ways to automate their...

Interoperability – the cyber pipeline for data sharing among various providers on the health care continuum – has been evolving over the past two decades since its launch during President George W. Bush’s administration in 2004. It was adopted primarily by large acute care organizations during its formative period, but it appears providers in the post-acute sector, including HME companies, are finally jumping on board.  “Health care interoperability is essential for...

NEW YORK – Prochant, a technology-driven healthcare reimbursement firm, for the first time has landed on the annual Inc. 5000 list of fastest-growing companies. The company ranked 3,243 and had a three-year growth rate of 112%. “We are proud to be included on the Inc. 5000 list, as it’s a testament to the commitment and passion of our entire team,” said Mathew Mammen, CEO. “Non-acute care providers – including home medical equipment, specialty, and infusion pharmacy...

WASHINGTON – CMS has established a higher rate of $750 to administer monoclonal antibody treatment to Medicare beneficiaries with COVID-19 in their homes, including permanent residences or temporary lodgings.  The new rate accounts for the increased costs associated with the one-on-one nature of this care model and reflects additional information provided to CMS about providing these services in a safe and timely manner.  “CMS’s decision to increase reimbursement...

CHARLOTTE, N.C. - Prochant has earned HITRUST CSF Certification. HITRUST CSF Certified status means Prochant’s Revenue Cycle Services & Platform have met key regulations and industry defined requirements and are appropriately managing risk. “HME and pharmacy reimbursement firms are under immense pressure to meet complex compliance, security and privacy requirements such as NIST, ISO and COBIT,” said Joey Graham, executive vice...

ASHEVILLE, N.C. – Aeroflow Healthcare has entered into a definitive agreement to buy Wheeling, West Va.-based Family Medical Supply.  Family Medical Supply, founded in 1991, services West Virginia and the greater Ohio Valley with a product portfolio that includes HME and incontinence supplies.  “The acquisition of Family Medical Supply is an exciting step in Aeroflow’s ongoing strategy to grow through acquisition,” said Casey Hite, CEO of Aeroflow....

CHARLOTTE, N.C. – Prochant has launched a new website with educational resources. The new website features a modern design to help customers quickly learn about the company’s outsourcing solutions and technology, and easily access the company’s webinars, articles and white papers – all right from the homepage. “With our new website, we didn’t just give Prochant a new coat of paint,” said Joey Graham, executive vice president...

CHARLOTTE, N.C. - Prochant is applying its “existing capabilities” in the HME market to the pharmacy and home infusion markets, and charging Jon Love, its new vice president of business development, with leading the way. It's the first expansion into another market for the company, which got its start in HME in 1999, says Joey Graham. “We're leveraging the existing capabilities that we have, with full-service billing and staff augmentation, and the revenue models and...

CHARLOTTE, N.C. - Prochant now offers its billing and process outsourcing solutions to infusion pharmacies and current HME provider clients that administer infusion therapies. “We are excited to start our work with pharmacy providers,” said Joey Graham, general manager and executive vice president. “With the COVID-19 crisis, infusion pharmacies play a more important role in health care than ever before. Prochant is ready to help these overwhelmed providers manage their business...