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OODA Health

Payers Must Increasingly See The Consumer As The Customer

by Seth Cohen, President at Cedar 10/21/2022 Leave a Comment

Payers Must Increasingly See The Consumer As The Customer

Last year, the average annual premium for employer-sponsored family health coverage rose 4% to $22,221—including employer and worker contributions—according to the Kaiser Family Foundation. While employers are most often the ones selecting the health plan options and insurance for employees, the worker is the one who is left to navigate the healthcare continuum (including their true cost of care). In a recent study,  96% of patients indicated that the quality of their financial experience
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Cedar Acquires OODA Health for $425M to Power Healthcare Financial Tech Platform

by Fred Pennic 05/13/2021 Leave a Comment

Cedar Acquires OODA Health for $425M to Transform Healthare Financial Experience

What You Should Know: - Cedar, a healthcare financial technology platform, today announced it has entered into a definitive agreement to acquire OODA Health, a healthcare technology company focused on improving the healthcare administrative experience with payers and providers, for $425M. - By bringing together providers and payers onto one healthcare financial technology platform, Cedar will be the only complete solution to address the full set of challenges consumers face when paying for
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Corindus Vascular Robotics CEO Departure, UPMC Enterprises’ New President, Nordic Consulting’s New CIO, Other Health IT Hires

by Fred Pennic 09/18/2020 Leave a Comment

Tele-Treatment: How We Close the Gap in Access to Care

Mark Toland, CEO of Corindus Vascular Robotics (acquired by Siemens for $1.1B last year), has announced his departure and will be joining BioStar Capital, a health-tech venture capital group focused on cardiovascular and orthopedic medical devices. As a partner and entrepreneur in residence, Mark will help to identify and develop innovative companies leveraging AI, deep learning, robotics, and other transformative technologies that address a wide range of unmet needs. The BioStar team has
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Evidation’s Appoints Co-CEO, Greenway’s New President, Other Health IT Appointments

by Fred Pennic 09/11/2020 Leave a Comment

Evidation’s Appoints Co-CEO, Greenway’s New President, Other Health IT Appointments

Evidation’s Board of Directors has appointed Christine Lemke as Co-CEO alongside Executive Chair Deborah Kilpatrick. Greenway Health appoints Pratap Sarker as President to oversee all commercial and customer-focused functions including sales, marketing, and customer success. He will also work closely with Greenway’s clearinghouse, revenue cycle and IT teams to ensure the delivery of quality solutions that are critically needed to support practices’ business continuity, as well as their
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Dysfunctional Patient Billing Major Distraction for Patients & Clinicians

by Fred Pennic 08/29/2019 Leave a Comment

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

Dysfunctional patient billing is a major distraction for both patients and clinicians, according to recent research conducted by HIMSS in partnership with OODA Health. The research report reveals patients are distracted by bills and payment concerns resulting in a lower level of compliance and adherence to medical plans. Clinicians are distracted by clerical/financial tasks that limit time with or take time away from patients. This research complicates the simple construct of patient billing as
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Dignity Health, OODA Health Partner to Offer Real-Time Consumer Payment Model

by Fred Pennic 09/19/2018 Leave a Comment

Dignity Health, OODA Health Partner to Offer Real-Time Consumer Payment Model

Dignity Health today announced that it will streamline payments between payors and providers to improve the patient experience through a strategic technology partnership with OODA Health. The OODA Health digital platform will help address historic and technological barriers between payors and providers by enabling real-time claims payments. The instantaneous nature of this technology will alleviate the administrative back and forth that ties up physicians’ time and causes patients undue worries
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