Private multi-asset alternative investment firm Bain Capital is reportedly considering options including the potential sale of revenue cycle management (RCM) company Waystar, Bloomberg reports. In 2018, Bain rebranded RCM companies Navicure and ZirMed as Waystar after merging the two companies together in 2017. Waystar Sale Could Value Company At More Than $3BBain has started early-stage discussions about a potential sale that could value the business at more than $3 billion, according to
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Healthcare Payments
InstaMed Launches Blockchain App Prototype for Healthcare Payments
InstaMed, a healthcare payments network, announced that it released a blockchain app prototype to demonstrate how blockchain technology could be leveraged for the interaction points among providers, payers and consumers including claim submission, claim adjudication, claim payment, patient billing, and patient payment. InstaMed built the blockchain prototype on HL7 FIHR v4. Full Visibility into Full Lifecycle of A Patient EncounterProviders and payers nationwide are challenged to find ways to
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Focus on Standards Not Governance
Written by John Tempecsco, Chief Marketing Officer at ICA Informatcs
There are many reasons why HIEs have not historically thrived. During the CHINs of several decades ago, there were four major barriers to success. First, the prevalence and acceptability of the Internet had not emerged, and the infrastructure to connect healthcare organizations within the community cost as much or more than the solution itself. Second, there were very few clinical applications being adopted within the
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