NASHVILLE, Tenn. – March 26, 2024 – In a significant development aimed at accelerating its expansion and enhancing revenue cycle management for hospitals and health systems nationwide, Parathon by JDA eHealth Systems, a prominent player in the health care technology sector, has announced Chandler Barron as its new president.
With a distinguished career spanning over three decades in the industry, Barron’s expertise is expected to guide Parathon through its next phase of strategic growth, leveraging the company’s proprietary and patented solutions in revenue cycle and payer contract management.
James Dudley, CEO and founding partner of Parathon, expressed his confidence in Barron’s leadership, stating, “Chandler brings a wealth of experience and talent that will add valuable leadership and propel growth at Parathon.”
Barron, who has been with Parathon as the executive vice president of business development since 2022, has a notable background in managing health care sales and software development teams. In his elevated role, he is set to direct the company’s endeavors to aid provider organizations in boosting revenue and streamlining operations with Parathon’s unique contract management solutions, built on the innovative Parallel Database™ technology.
Reflecting on his journey with Parathon, Barron shared, “For the past two years, it has been a rewarding experience to work alongside Parathon’s dedicated team of health care, finance, and technology experts who foster innovation and help our provider partners improve their financial performance.” He further emphasized his commitment to ensuring that Parathon continues to deliver customized solutions for revenue collection, alongside unparalleled customer service to hospital partners.
Parathon differentiates itself in the market with its revenue cycle management and payer contract management technology that transcends traditional artificial intelligence approaches. The technology achieves 100% accuracy in addressing claims from all payers, independent of EMRs or other legacy systems, through its exclusive Parathon Parallel Database™ and patented RCM technology.
Furthermore, Parathon’s Parallel Database™ enables hospitals to explore potential pricing changes and their impact on future revenue, as well as power price transparency initiatives by providing digital estimating tools for patients to calculate out-of-pocket costs before treatment.
Barron highlighted the success of the Parallel Database™ with large hospital customers and announced plans to extend its benefits to all hospital customers, irrespective of size. “Parathon’s contract management services hold payers 100% accountable for reimbursing hospitals according to the terms of their contract,” he stated.
The technology also includes backup functionality to support continued collections in the event of a cyberattack, ensuring data redundancy and operational continuity.
