Another health system outsources its administrative services to Optum
MarinHealth Medical Center is up-to-date health system Enlisting operational support for Optum, the nonprofit California provider signed a 10-year contract with the healthcare giant on Thursday.
MarinHealth will rely on Optum to streamline its management processes, provide insight into its supply chain, and revenue cycle management services. MarinHealth said Optum’s technology will also provide patients with a simplified consumer experience.
As part of the agreement, about 100 MarinHealth employees will transition to Optum employees, although they will continue to directly support MarinHealth’s operations, Optum said. Staff serving in patient registration and accounts, coding and reimbursement, and supply chain will be transferred to Optum. Optum declined to comment on the financial terms of the deal.
But MarinHealth said its goal was to maintain an independent health system, and said outsourcing its administrative functions would give its staff more time to focus on patient care.
“Like our partners at MarinHealth, we believe that people are best served by health systems and caregivers embedded in local communities,” Optum Insight CEO Rick Hardy said in a release. “This relationship is another example of Optum’s continued support of local care systems across the country, and we are honored to help MarinHealth continue to provide patients with the high-quality care they have done for many years.”
The medical service business has SSM Health in St. Louis, California-based John Muir Health and Colorado-based Boulder Community Health.
last year, Bassett Healthcare Network of New York In particular, it agreed to outsource its administrative and IT functions to Optum to avoid being acquired. As part of the deal, 500 employees transferred their jobs to Optum, UnitedHealth Group’s fastest-growing division.
In 2021, Optum’s revenue will grow 14% year over year to $155.6 billion. Its full-year profit rose 19.4 percent to $12 billion.