What You Need to Know:
- Revenue cycle management startup Rivet raises $8.25M Series A funding to expand its healthcare price transparency platform.
- The price transparency platform enables providers to give patients upfront pricing with the ability to pay prior to care via text while at the same time helping providers navigate the complex process that grants “in-network” status with insurance companies.
Rivet, a Salt Lake City, UT-based modern healthcare revenue cycle management
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Benchmarking
AMA to Fast Track New CPT Code for Novel Coronavirus Test
What You Need to Know:
- AMA announces it will fast track CPT code development for a novel coronavirus (COVID-19) test to bolster a data-driven response to the COVID-19 outbreak in the United States.
- The CPT Editorial Panel will manage the expedited process including the creation of a test description to accompany the code and the effective date of the code.
- According to the CDC, there is a total of 647 confirmed cases of COVID-19 resulting in 25 deaths in the United
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Premier Acquires Medpricer for $35M to Optimize Savings in Purchased Services
- Premier acquires Medpricer’s technology solution that enables purchased services savings across a total addressable acute care market of $160 billion. - Cloud-based platform provides purchased services management technology, including pricing benchmarks, RFP templates and other supplier data. - Acquisition enables healthcare providers to better manage third-party contracts to improve financial performance.Premier Inc., a healthcare improvement company, has acquired Medpricer, a
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OnlyBoth Launches Benchmarking Engines for Comparative Analysis of Population Health Measures by City Neighborhoods
- OnlyBoth launches benchmarking engines, Benchmine for comparative analytics and reporting of population health measures in city neighborhoods.
- Benchmine.com, OnlyBoth’s benchmarking engine, can evaluate U.S. city neighborhoods based on behavioral risk factors, health outcomes, and preventive services for improved community engagement.
- To generate comparative insights, OnlyBoth uses source data from the CDC's 500 Cities: Local Data for Better Health, a project that targets 27
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Boston University, Sharecare to Build Community Well-Being Index With SDoH & Real-Time Datasets
The Boston University School of Public Health (SPH) and Sharecare, the digital health company helping people manage all their health in one place has formed a strategic partnership to build the most comprehensive and dynamic measure of well-being across the United States.Community Well-Being Index (CWI) OverviewThe Community Well-Being Index (CWI) from SPH and Sharecare will contextualize the critical impact that environment has on one’s access to health resources, readiness to change and
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Amp Recover CEO Talks The Current State of Digital Health Adoption in Orthopedics, PT, Sports Med
David Nichols is the CEO is of AMP Recover, a health intelligence platform that empowers healthcare organizations with actionable data to improve the patient experience, produce successful outcomes and achieve their business goals. This transition from current workflows to a modern, data-driven approach does not happen overnight. The Atlanta, GA-based company works with providers focused on Injury Prevention, Physical Therapy and Sport, Performance and have developed a sequence of digital
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Verisk, Human API Partner to Transform Life Insurance Underwriting and Portfolio Tools
Verisk, a leading data analytics provider, and Human API, a health data network, announced plans to work together on Verisk`s new InsurTech tools. Leveraging electronic health record (EHR) data collected by Human API, Verisk`s solutions will help revolutionize how life insurers underwrite coverage and manage in-force portfolios.Verisk/Human API Partnership DetailsAs part of the effort, Verisk will analyze EHR data obtained by Human API and produce risk scoring and benchmarking information for
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Betterment Through Automated Benchmarking in the Era of Value-based Care
In the era of value-based care provision, automated benchmarking technology in hospitals enables real-world, reliable data insights for understanding, improving and promoting provider performance.Value-based healthcare is here to stay. Hospitals across the U.S. are on a quest to deliver successful outcomes at the lowest overall cost, improving care delivery and patient wellness. Nationwide, 34 percent of total healthcare payments were tied to alternative payment models in 2017, a steady
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OnlyBoth Launches AI-Driven Hospital Benchmarking Engine
OnlyBoth Inc., a Pittsburg, PA-based healthcare performance company has launch an artificial intelligence (AI)-driven benchmarking engine BenchMine.com that provides objective, data-based comparisons of U.S. hospital performance. The Artificial Intelligence (AI)-based technology makes use of 130 consumer-friendly data attributes on 4,797 hospitals from CMS Hospital Compare to help the community evaluate hospitals and compare them to others nearby and nationally.Enhanced with geolocation
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OnlyBoth Launches AI-Driven Home Health Agency Benchmarking Engine
Pittsburgh-based OnlyBoth Inc., today announced the launch of its no-cost Home Health Agency benchmarking engine, which applies innovative artificial intelligence (AI) technology to Medicare data previously gathered about providers. The unique engine delivers text-based insights so users can easily compare and contrast home health agency performance for informed decision-making.As transparency becomes more of a requirement, particularly with the CMS news about the prices this week, so will
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