Conifer Health Solutions Acquires MediHealth Outsourcing, LLC

Strategic Acquisition Expands Company’s HIM and Clinical Revenue Cycle Solutions

FRISCO, Texas--(BUSINESS WIRE)--Conifer Health Solutions, a leader in business process solutions for healthcare providers, today announced it has acquired MediHealth Outsourcing, LLC. MediHealth is a Health Information Management (HIM) Operations and Clinical Revenue Cycle (CRC) consulting and outsourcing company headquartered in Tampa, Fla.

“With this acquisition, we have significantly strengthened Conifer’s ability to assist hospitals and healthcare providers with healthcare reform including the upcoming ICD-10 implementation and execution”

MediHealth specializes in providing HIM business process and consulting solutions to hospitals and healthcare organizations. Its services range from outsourcing a hospital’s entire HIM department to interim/temporary staffing services for coding and all clinical revenue cycle staff. They also provide operational consulting services for Electronic Health Records (EHR) and Meaningful Use preparedness, as well as RAC audit defense. Conifer will now offer all of these HIM services as stand-alone solutions for hospitals and healthcare systems and as part of its comprehensive revenue cycle management solution.

“With this acquisition, we have significantly strengthened Conifer’s ability to assist hospitals and healthcare providers with healthcare reform including the upcoming ICD-10 implementation and execution,” said Stephen M. Mooney, president of Revenue Cycle Solutions at Conifer Health Solutions. “Conifer’s comprehensive revenue cycle management services will now include operational responsibility for all of the clinical and financial functions pertaining to the capture, management and collection of net patient revenue for hospitals and health systems. We also believe expanding our HIM and clinical revenue cycle offerings will make us more competitive in the marketplace and is an important part of our long-term growth strategy.”

Conifer will retain MediHealth President Paula Lawlor, RHIA, a 30-year HIM industry veteran, to lead its consolidated HIM organization. It will also add MediHealth’s 12 employees to its existing staff to continue providing services to client hospitals and healthcare systems. For more information, please visit http://him.coniferhealth.com.

About Conifer

Conifer Health Solutions provides Revenue Cycle and Patient Communications services to more than 125 hospitals and health systems nationwide. Conifer utilizes proprietary workflows and technology to offer comprehensive Revenue Cycle Solutions ranging from patient pre-registration through the processing of governmental, managed care and self-pay claims. The company also provides best-in-class Patient Communications services that include physician referrals, patient education, marketing services and pre-admission clinical appropriateness reviews.

Born from healthcare, Conifer Health Solutions is headquartered in Dallas, Texas, and employs more than 2,400 people. For more information, call 1-877-CONIFER or visit the company’s Web site at www.coniferhealth.com.

Conifer Health Solutions, Inc. is a wholly owned subsidiary of Tenet Healthcare Corporation (NYSE:THC). Some of the statements in this release may constitute forward-looking statements. Such statements are based on our current expectations and could be affected by numerous factors and are subject to various risks and uncertainties, certain of which are discussed in Tenet’s filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended Dec. 31, 2009, quarterly reports on Form 10-Q, and periodic reports on Form 8-K. Do not rely on any forward-looking statement, as we cannot predict or control many of the factors that ultimately may affect our ability to achieve the results estimated. We make no promise to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise.