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ANNOUNCEMENT:  LogiSolve kicks-off Sanford Health's Cash Reconciliation Solution
posted on: April 15, 2015
Led by Kent Dicke ,Tim Wenner and Ron Kimlinger-LogiSolve is providing a comprehensive cash management solution to Sanford Healthcare of Sioux Falls, South Dakota.
The application, known as CARS (Cash Application/Reconciliation System), provides functionality to greatly ease the process of receiving, posting, and balancing a healthcare organization’s cash receipts.
CARS was developed over the past several years through a collaboration between Allina Hospitals and Clinics and LogiSolve to reduce the amount of resources needed to reconcile incoming cash and payer data errors; called 835 payments (the process for correcting the errors involved people manually following up with each payer and was effort intensive). Since implementing CARS in 2009, Allina has increased operational efficiency and reduced expense while improving its ability to reconcile cash throughout all of its facilities-and reduced staff by 20 people (who were reallocated to other administrative areas within Allina). Now that is well defined ROI!
Thanks Kent, Tim, Ron, Jenni O’Farrell and the rest of the LogiSolve team for implementing this game-changing solution for Sanford Hospitals and Clinics!
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