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 - Healthcare Technology, Revenue Cycle Management, Business | News, Analysis, Insights - HIT Consultant
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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