CredSimple, the a NYC-based cloud-based healthcare credential verification organization, has raised $14 million in Series B funding led by Questa Capital. The round also included participation from existing investors including Windham Venture Partners who led the company's Series A round and Primary Ventures who co-led its seed investment.Outdated Credentialing ProcessTraditionally, credentialing has run on outdated systems, spreadsheets, and repetitive manual work that only increases work,
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Health Systems| Integrated Delivery Network (IDN) | News, Analysis, Insights - HIT Consultant
R1 RCM, Intermountain Opens Technology and Innovation Center
On Tuesday, R1 RCM announced the grand opening of its new Salt Lake City Technology and Innovation Center in collaboration with Intermountain Healthcare. This state-of-the-art facility will be the first of its kind to test and develop new technology to redefine the healthcare revenue cycle process and the patient financial experienceThe grand opening event brought together R1 and Intermountain Healthcare leaders, community business leaders, and local nonprofit organizations for a ribbon cutting,
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Telegenomics Company Genome Medical Nabs $23M to Bring Genomic Medicine to Everyday Care
Genome Medical, a leading nationwide telegenomics company providing genomic-based medicine, today announced that it has raised $23 million in Series B financing to accelerate the development of its technology and medical services which support patients, physicians and healthcare systems in all 50 states. The Series B round was led by Echo Health Ventures, a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions with additional new investors LRVHealth, Casdin
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Ascension Appoints Eduardo Conrado as Executive Vice President, Chief Strategy and Innovations Officer
Ascension, one of the nation’s largest nonprofit health systems, has appointed Eduardo Conrado as Executive Vice President, Chief Strategy and Innovations Officer. In this new role, Eduardo will continue to be accountable for the development of Ascension’s digital and data strategy and platform for consumer engagement as well as care delivery operations and product innovation, and integrating these capabilities across the enterprise.
Additionally, Eduardo will be responsible for Ascension’s
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Waystar Acquires Presumptive Charity Scoring Solution PARO
Waystar, a provider of revenue cycle technology, today announced it has acquired PARO, a financial assistance predictive analytics solution designed for the healthcare industry. As part of the acquisition, the PARO solution will be integrated with Waystar’s technology platform to help hospitals better assess charity care, reduce bad debt and meet community benefit requirements.Why PARO?Nonprofit hospitals are required to make reasonable efforts to determine if patients are eligible for financial
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Mothers in the U.S. Are Dying: What Are We Doing to Save Them?
The maternal mortality rate in the United States is the highest of any developed country – and the rate is rising. The US is currently the most dangerous place to give birth in the developed world.
Few to none of these maternal deaths are due to medical mismanagement. Instead, problems of access, care coordination, and inequities in health care resources and social services are at the heart of maternal death rates.
Minority women, particularly those facing socioeconomic challenges, are the
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Boston Medical Center Joins Medicaid Transformation Project with 27 Health Systems
AVIA, the nation’s leading network for health systems seeking to innovate and transform, today announced that Boston Medical Center (BMC), the largest safety net hospital and busiest trauma and emergency services center in New England is one of AVIA’s newest members. BMC will collaborate with 27 health systems in the Medicaid Transformation Project (MTP), which is led by AVIA and Andy Slavitt, former acting administrator of the Centers for Medicare & Medicaid Services.
Medicaid
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3 Things Patients Want From Their Healthcare Financial Experience
In most healthcare organizations, basic automation is used to complete individual revenue cycle tasks. Seldom, however, is technology used to optimize entire revenue cycle management (RCM) processes and improve the patient financial experience.
The situation is dramatically different outside of healthcare in industries that have long competed for direct consumer dollars.
To book an airline flight, for example, consumers simply open up an app or a website. At their convenience — any time of day
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Cloud-Based Patient Matching Expands with Verato and MyDirectives Partnership
Verato, a provider of cloud-based patient matching, today announced that digital advance care planning company, ADVault, Inc., is the first partner in its new Powered by Verato(PBV) program. The program offers healthcare technology firms a next-generation patient matching solution that is highly accurate, secure, cost-effective, and easy to implement—all as a utility—using the Verato Universal MPI for patient matching.Powered by Verato Program BackgroundPatient matching is at the core of
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Cerner Launches 2019 code App Challenge to Advance Consumers’ Access to EHRs
Cerner is challenging innovators and application developers to advance consumers’ access to electronic health records (EHRs) with the 2019 code App Challenge. Participants will join Cerner’s pursuit of the next groundbreaking advancement, with a focus on helping consumers easily access and understand health records.2019 Cerner code App Challenge Rules & RequirementsWith the 2019 code App Challenge, Cerner encourages innovators to build apps on its industry-leading platforms that further
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