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Navicure

Waystar Acquires Medicare RCM Company eSolutions at $1.3B Valuation

by Fred Pennic 08/13/2020 Leave a Comment

Waystar Acquires Medicare RCM Company eSolutions at $1.3B Valuation

What You Should Know: - Revenue cycle management provider Waystar acquires eSolutions, a provider of Medicare and Multi-Payer revenue cycle management, workflow automation, and data analytics tools at a $1.3B valuation. - The acquisition will create the first unified healthcare payments platform with both commercial and government payer connectivity, resulting in greater value for providers. Waystar, a provider of healthcare payments software, today announced a definitive agreement
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Global Medical Billing Outsourcing Market to Reach $19.7B by 2026

by Fred Pennic 04/26/2019 Leave a Comment

Revenue Integrity Dysfunctional Patient Billing Major Distraction for Patients & Clinicians 6 Metrics to Improve Hospital Revenue Cycle ROI_revenue cycle makret

 The global medical billing outsourcing market size is projected to reach USD 19.7 billion by 2026 expanding at a compound annual growth rate (CAGR) of 11.8%, according to a Grand View research report. The report reveals that revenue cycle management (RCM) is one of the most complex components of healthcare IT business driven by challenges in rising healthcare costs, market consolidation, an explosion in clinical documentation, and value-based care initiatives.Key Market Drivers for Global
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PE Firm Considering Options Including Sale of RCM Provider Waystar

by Fred Pennic 04/23/2019 Leave a Comment

PE Firm Considering Options Including Sale for RCM Provider Waystar

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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Optum360, Navicure, ZirMed Named Top Vendors for Revenue Cycle Management Solutions

by Jasmine Pennic 09/15/2017 Leave a Comment

Optum360, Navicure, ZirMed Named Top Vendors for Revenue Cycle Management Solutions

Optum360, Navicure, ZirMed and others have been named top revenue cycle management vendors in customer satisfaction and client experience, according to Black Book Market Resaerch for 2017. For the report, Black Book surveyed 6,033 hospital and health system Chief Financial Officers, Vice Presidents of Finance and RCM, Controllers, Business Office Managers, Staff and Directors to determine the top performing vendors among in-demand financial software, systems and outsourcing services, and assess
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Navicure Integrates With Epic to Streamline Automated Patient Payments for Epic Users

by Fred Pennic 09/08/2017 Leave a Comment

Navicure Integrates With Epic to Streamline Automated Patient Payments for Epic Users

Navicure, a provider of integrated cloud-based medical claims management, patient payment and healthcare data analytics solutions has announced the integration of Navicure Payments with Epic solutions. The Epic integration will allow Epic users to use Navicure’s automated patient payment solution through their existing Epic system, including MyChart, providing access to a full range of patient payment options on one, consolidated platform.Key features of the Navicure Payments’ Epic integration
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Survey: Providers & Patients Disagree on How Long It Takes Patients to Pay

by Jasmine Pennic 03/07/2017 Leave a Comment

Hospital CFO_New Financing Program Minimizes Impact of ICD-10 Revenue Delay for Private Practices_revenue cycle management

Providers and patients disagree on how long it takes patients to pay, according to key findings from Navicure's first Patient Payment Check-Up. The recent survey conducted by HIMSS Analytics and fielded in January 2017 assesses differences in attitudes and behavior between those billing for healthcare and those paying for it. The survey reveals over half of providers (51%) say it takes their average patient more than three months to pay their full balance. Only 18 percent of patients claim it
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The State of Healthcare Data Analytics & Reporting: 9 Things to Know

by Fred Pennic 08/01/2016 Leave a Comment

State of Healthcare Data Analytics_Reporting

Majority of healthcare organizations do not have have a data analytics solution in place to improve their revenue cycle, yet are currently looking to implement a solution, according to a recent survey conducted by Navicure. Conducted in May and June 2016,  Navicure® commissioned Porter Research to conduct a national survey with over 600 healthcare leaders to gauge their current data analytics and reporting processes, challenges and technologies. Here are nine key findings from the
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