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Cymetrix to Provide Extended Business Office Services at UC San Diego Medical Center

Friday, January 29, 2010 Corporate News
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IRVINE, Calif., and SAN DIEGO, Jan. 28 Cymetrix, a leader in providing hospitals and healthcare networks with revenue cycle management solutions, today announced a partnership with UC San Diego Medical Center to provide third-party accounts receivable management services.
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Cymetrix's solution combines technology-enhanced services, such as automated workflows with prioritized work lists, online claim-status capabilities and performance monitoring tools, with the professional expertise needed to quickly improve financial performance for its clients and help position them to better serve their patients.
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"Our solutions are designed to help healthcare providers achieve better revenue cycle performance, lower costs, and leverage technology through the efficiencies of our business processing centers," said Michael Halberda, President and CEO of Cymetrix. "We're excited about the opportunity to offer highly acclaimed UC San Diego Medical Center solutions that are easy to implement and can quickly improve cash flow so it can continue its mission of providing high-quality healthcare to the communities it serves."

About UC San Diego Medical Center

The UC San Diego Medical Center has been in operation since 1966 and comprises the system of patient services provided at the UC San Diego Medical Center, Hillcrest; UC San Diego Thornton Hospital, La Jolla; the Moores UCSD Cancer Center; the UCSD Shiley Eye Center and other primary and specialty practices of the UC San Diego Medical Group located throughout San Diego County. The two hospitals, UC San Diego Medical Center and Thornton Hospital, operate under one license, with a combined licensed capacity of 548 beds. As the only university health system in San Diego County and the region's only academic medical center, its role is to take exceptional care of people by providing excellent and compassionate patient care, advancing medical discoveries and educating the health care professionals of tomorrow.

About Cymetrix

Cymetrix (www.cymetrix.com) creates comprehensive revenue cycle solutions for hospitals and healthcare networks. Using its proven Adaptive Revenue Cycle Model, Cymetrix identifies opportunities for new efficiencies that deliver results in performance and profitability. A privately held Delaware Corporation, Cymetrix has corporate headquarters in Irvine, Calif., and business process outsourcing centers in Los Angeles, Dallas, Nashville and soon New York. Cymetrix's equity partner is Riordan, Lewis & Haden, a private equity investment company based in Los Angeles.

SOURCE Cymetrix
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