Change Healthcare is once again shifting the paradigm for dental practices and payers alike. Today the company expanded its capabilities and product offerings with dental provider credentialing software technology acquired from Docufill, LLC. The cloud-based technology allows providers to use a single shared form across the organization to streamline the otherwise administratively complex and redundant credentialing process, resulting in cost reduction and the freeing of resources for patient
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Change Healthcare - Healthcare Technology, Revenue Cycle Management, Business | News, Analysis, Insights - HIT Consultant
Study: More Than 40 States Have Invested In Value-Based Payment Models
A recent national study of state government programs finds more than 40 states strategically invested in value-based payment models, 23 with targets or mandates, and just 7 states trailing the trend. The study commissioned by Change Healthcare reveals 23 states have value-based targets or mandates that payers and providers agreed to achieve, 17 have or are considering adoption of ACOs or ACO-like entities, and 12 have or are considering episodes of care programs. Just 7 states have little to no
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Change Healthcare Unveils Enterprise Blockchain to Boost Revenue Cycle Efficiency
Change Healthcare today announced the launch of the first blockchain solution for enterprise-scale use in healthcare during Distributed: Health 2017 in Nashville, TN. The new blockchain solution will enable payers and providers to boost revenue cycle efficiency, improve real-time analytics, cut costs, and create innovative new services.How it WorksChange Healthcare will employ Hyperledger Fabric 1.0, an open source blockchain framework hosted by The Linux Foundation, to create a distributed
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Change Healthcare, Pegasystems Integrate to Help Payers Accurate Payment
Change Healthcare, one of the largest healthcare companies in the U.S., continues to make good on its pledge to invest in interoperability strategies that make it easier for health plans to bridge disparate systems and get claims paid. This week, the company announced that it has completed a major integration project with Pegasystems to help payers ensure fast, accurate payment, reduce costs, and stay compliant with internal and CMS medical policies.ClaimsXten™ and ClaimsXten™ Select now
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Change Healthcare: $262B in Healthcare Claims Initially Denied in 2016
A new analysis by Change Healthcare of $3 trillion in medical claims submitted to payers last year revealed 9% of charges, representing $262 billion, were initially denied. For the typical health system, as much as 3.3% of net patient revenue, an average of $4.9 million per hospital, was put at risk due to denials. While 63% of these claims were recoverable on average, reworking each denial costs providers roughly $118 each, or as much as $8.6 billion in appeals-related administrative
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McKesson, Change Healthcare Form New Health IT Entity: 5 Things to Know
McKesson Corporation and Change Healthcare, a provider of software and analytics, network solutions and technology-enabled services have teamed up to create a new healthcare IT company. The combined company includes all of Change Healthcare’s business and the majority of McKesson Technology Solutions (MTS) totaling $3.4 billion in revenue. By creating a new health IT company focused on healthcare IT and services, the merger is expected to generate in excess of $150 million in annual synergies by
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