Asheville, North Carolina, October 14, 2014 – Capstone Health Alliance, a regional purchasing organization with acute and continuum of care members in 12 states announced an agreement today with Grey Partners, LLC, a strategic and tactical managed care revenue maximization consulting firm. Through this agreement, Capstone members will receive discounts on consulting services to optimize payer reimbursements and increase operational efficiencies.
Grey Partners increases their clients’ revenue potential through augmenting and/or outsourcing the strategy development, physicians’ alignment, negotiations and management of managed governmental and commercial payer contracts. Grey aligns managed care initiatives with corporate initiatives to fix the problems that lead to incorrect reimbursements so facilities can achieve financial goals.
“We’re very proud to come on board as a Capstone vendor partner,” said Grey’s Managing Partner Kurt Kozin. “Capstone’s growth during the past year has been quite impressive, and we’re looking forward to serving its members to help them achieve financial goals and to become more competitive.
Capstone Member, Charles Ayscue, Chief Financial Officer of Mission Health System said “When we had a vacancy in our Managed Care Department, and we had a need to complete a contract negotiation in less than 120 days with one of our largest payers we called Grey Partners in. Their consultant listened to our needs and worked side by side with us in developing the right solution for our unique situation. They do a great job at understanding both the payers’ and providers’ needs, as well as playing a key role in contract negotiations. They bring a strategic approach to our business. Grey displayed their industry knowledge and negotiation skills that allowed us to achieve our revenue goals. It is refreshing to work with a team of professionals so dedicated to our success.”
About Grey Partners, LLC
Grey Partners, LLC, provides applied analytics, consulting, extended business office, and revenue recovery services to all types of providers. Its founders hold several decades of healthcare management experience, successfully providing results through state-of-art technology and a deep understanding of the managed care and revenue cycle industry. Grey’s managed care and revenue cycle executives, coupled with the most advance analytical platform in the industry provides its clients with increased system-wide visibility and enhanced, measureable results. For more information, please visit www.greypartnersllc.com
About Capstone Health Alliance
Headquartered in Asheville, NC, Capstone Health Alliance is a growing regional healthcare purchasing organization with acute and continuum of care members in twelve states. We deliver real savings and provide the kind of actionable data that enables better supply chain decisions. With a focus on helping our membership reduce costs, improve quality, and share best practices, Capstone members enjoy consistent price parity regardless of size or facility type. Our members can also harness the power of member collaboration to share best practices and improve clinical performance.