A healthy, stable revenue cycle is crucial to every healthcare organization’s success. However, managing the revenue cycle takes experienced coders, complete documentation, and timely resolution of denials.
Administrative processes account for about 30% of U.S. healthcare costs, which means that all areas of a patient encounter, from check-in to billing and claims, are potential targets to obtain greater efficiency.
In the past 20 years or so, computer-assisted coding (CAC) has become
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Health IT | News, Analysis, Insights - HIT Consultant
Edifecs and VirtualHealth Partner to Automate Prior Authorization
What You Should Know:
- Today, Edifecs and VirtualHealth, a medical management company, announced a new partnership automated prior authorization to VirtualHealth’s HELIOS® platform for healthcare payer and provider clients.
- The Edifecs solution will automate and optimize the prior authorization process across HELIOS to significantly reduce the administrative burden, alleviate friction between payers and providers, and ultimately expedite patient care.
Growing Need for Automated Prior
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Accenture, UKG Partners with Ardent Health Services to Transform Workforce Management
What You Should Know:
- Accenture, UKG and Ardent Health Services announced a collaboration to help Ardent Health Services improve workforce visibility and agility across its network of 30 hospitals and 200 sites of care.
- Ardent is using technology to transform its workforce operations and empower frontline talent with more flexible scheduling solutions that support work-life experiences, while remaining focused on providing quality healthcare services.
- The Accenture and UKG
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Prisma Health Moves to the Innovaccer Health Cloud
What You Should Know:
- South Carolina’s largest health system, Prisma Health selects the Innovaccer Health Cloud to be its primary value-based care platform for analytics, workflow, and Snowflake data platform management.
- With the Innovaccer Health Cloud’s data and analytics platform, Prisma Health can integrate disparate EHRs and other healthcare systems to create a unified patient record.
Primsa Health Background
Prisma Health provides healthcare services to nearly
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Prescryptive Health Announces New Language Capabilities to Increase Patient Accessibility
What You Should Know:
- Prescryptive Health, a healthcare technology company on a mission to rewrite the script for the U.S. pharmaceutical market launches a new Spanish language access on their mobile-first patient solution, myPrescryptive.
- Built on blockchain, myPrescryptive gives healthcare consumers ownership of their prescription, delivering pricing options and financial assistance information, pharmacy services like testing and vaccinations, and pharmacy benefit plan
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Why Proactive Patient Engagement Is The Pathway to Better Care Outcomes in 2023
When it comes to consumer engagement, other industries have had a significant head start. For years, retailers, banks, and other customer-centric organizations have been working hard on curating digital experiences that simplify, personalize, and secure interactions and transactions with their consumer base.
Accessing your savings account through an app is now the standard for millions of people. It’s second nature to use the chat feature on a clothing retailer’s website to get information
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Half of the Patients With High-Deductible Health Plans Have Received Surprise Medical Bills
What You Should Know:
- AKASA™, the leading developer of AI for healthcare operations, released findings from a survey conducted on its behalf by YouGov.
- The findings highlight how patients with high-deductible health plans (HDHPs) suffer the downstream effects of a complex medical billing process, including surprise medical bills, inaccuThe findings highlight how patients with high-deductible health plans (HDHPs) suffer the downstream effects of a complex medical billing process,
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Upstream Healthcare Selects Innovaccer to Scale Value-Based Care Model Nationwide
What You Should Know:
- Innovaccer Inc. announced that UpStream Healthcare, one of the fastest-growing value-based primary healthcare provider solutions in the country, has entered into a multi-year partnership agreement to more than double its population on Innovaccer’s cloud-native platform over the next year, and will use it to scale UpStream’s unique value-based care model nationwide.
- The expanded relationship between the two companies comes on the heels of UpStream’s recent $140
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M&A: CVS Pharmacy Acquires MedAvail’s Pharmacy Assets
What You Should Know:
- MedAvail Holdings, Inc.(“MedAvail”), an innovative technology-enabled pharmacy company, today announced it has entered into a definitive agreement with CVS Pharmacy, Inc., on behalf of itself and its subsidiaries and affiliates (“CVS”), for the sale of certain assets of MedAvail’s SpotRx pharmacies (the “CVS Transaction”).
- MedAvail has agreed to sell to CVS certain assets related to its SpotRx pharmacies located in Tucson and Phoenix, Arizona; Buena Park,
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Mighty Health Raises $7.6M for Daily Health Program for Medicare-Aged Adults
What You Should Know:
Mighty Health, the first all-in-one daily health program designed for adults ages 50 and up, today announced $7.6M in new financing co-led by Will Ventures and GFT Ventures.
- Mighty Health has built the modern home for healthy living for 50 on up, offering aging adults access to personalized and holistic health guidance through joint-friendly workouts, chronic condition-specific programs, custom nutrition plans, and 1-on-1 health coaching.
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