What You Should Know:
- Cedar raises $102M to fuel the next phase of Cedar’s vision of evolving from a patient financial engagement solution to a comprehensive healthcare consumer engagement platform.
- Cedar combines healthcare, tech, and design to create a seamless financial experience for every patient. From pre-visit registration to post-visit billing, Cedar personalizes the care journey to take each patient to payment with ease.
- The company also announced it has partnered with
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athenahealth Launches Its First Embedded Telehealth Solution at No Additional Cost
What You Should Know:
- Today, athenahealth unveiled athenaTelehealth, a new embedded offering that empowers healthcare providers to seamlessly conduct telemedicine visits with their patients. athenaTelehealth will be available at no additional cost for a limited time to allow providers to deliver care during COVID-19 and beyond.
- As stay-at-home orders and fear of exposure to coronavirus took root, government deregulation and high patient demand led to a surge in telehealth
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Why Outsourcing is the Best Approach to Prior Authorizations
Mohammed Ahmed, VP, Authorizations and Sales Enablement at Availity
Doctors didn’t attend medical school to spend their waking hours managing or waiting for prior authorizations (PA), but these days it feels like that’s all they are doing.
A recent American Medical Association survey found that 90 percent of responding physicians believe that the “administrative burden related to PA requests has risen in the last five years, with most saying it has ‘increased significantly.’” As healthcare
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Suki Raises $20M to Expand AI-powered, Voice-Enabled Digital Assistant for Doctors
What You Need to Know:
- Today, Suki announced a Series B funding round of $20 million, led by new investor Flare Capital Partners and including top investors like First Round and Venrock.
- In just two years, Suki has established its product as a leading solution to address the urgent crisis of physician burnout and is already trusted by independent and group practices as well as leading systems like Sutter Health and Ascension.
- Suki will use the funding to expand its user base
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R1 Expands Revenue Cycle Management Offering to More Medical Groups
- R1 announced an expansion of its revenue cycle management services, making them available to large independent practices and hospital-owned groups.- Now groups beyond hospitals and health systems will be able to use R1’s industry-leading RCM tools designed to enable the best quality clinical care and financial expectation setting for even more patients.- This new slate of provider organizations and patients will also benefit from R1’s recent acquisition of SCI, offering access to the broadest
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VerityStream Acquires CredentialMyDoc for $9M in Cash
- VerityStream acquires CredentialMyDoc, a Savannah, GA-based web-based, software for credentialing and provider for $9M in cash. - The acquisition of CredentialMyDoc bolsters VerityStream’s leadership position in the outpatient facility market segment.VerityStream, f/k/a Verity, a wholly owned subsidiary of HealthStream (Nasdaq: HSTM), which is focused on delivering enterprise-class solutions that are transforming credentialing, enrollment, privileging, and evaluations for healthcare
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CHG Healthcare Acquires Physician Credentialing Company Modio Health
- CHG Healthcare has acquired physician credentialing company Modio Health for an undisclosed term. - Modio and CHG are combining forces to improve credentialing for CHG employees and the thousands of providers and healthcare facilities it works with, making the process faster, safer, and more cost-effective.Healthcare staffing company CHG Healthcare has acquired Modio Health, a San Francisco, CA-based physician credentialing provider. The acquisition will improve credentialing for Change
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How A Hybrid Cloud Fax Solution Protects Patient Health Information
Paul Banco, CEO of etherFAX
Electronic health and medical records (EHRs) enhance the patient experience and improve care coordination, but they can also put patients and providers at risk if they are not protected. Security vulnerabilities can arise from communicating via unsecured channels such as email and can result in data breaches, compromised patient records, and even identity theft. As medical records contain personal information such as social security numbers and insurance ID numbers,
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Ontellus Acquires Secure Medical Records Exchange Portal ChartSwap
Ontellus, a nationwide full-service procurer of medical, billing, employment records, and other claims related data services has acquired Chartswap, a cloud-based HIPAA compliant medical record exchange portal.ChartSwap BackgroundFounded in 2012 by Randy Haynes, Chartswap’s (B2B) health information exchange portal connects provides hospitals and other medical care facilities with the ability to securely delivery patient records. From a single cloud-based platform, requestors can safely order,
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CareCloud EHR Integrates With Google Cloud Healthcare API for FHIR
CareCloud, an EHR and practice management platform for high-growth medical groups, announced today that it is integrating its omnidirectional data transfer process with Google Cloud Healthcare API. The integration will enable payer data to be securely, rapidly and cost-effectively shared and used in real-time with existing payer and provider systems handling activities such as member eligibility verification, claims history and claims processing.Integration Creates FHIR Bridge in Google
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