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Patient Access in Healthcare | Revenue Cycle Management

Medable Launches TeleConsent for Clinical Trials to Streamline Approvals During Decentralized Trials

by Jasmine Pennic 09/22/2020 Leave a Comment

Medable Launches TeleConsent for Clinical Trials to Streamline Approvals During Decentralized Trials

What You Should Know: - Medable launches Teleconsent, part of its Telehealth family of cloud-based software for decentralized clinical trials. - The application represents the next big step in enabling fully virtual trials and is key to patient-centric trial design because it allows patients to handle the lengthy process of consenting – and re-consenting – to trial participation conveniently from anywhere. Medable Inc., a software provider for decentralized clinical trials,
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Maximizing Telehealth Success: How to Optimize Operations & Revenue Cycle Management

by Vijay Kotte, EVP of Physician Services at R1 RCM 09/01/2020 Leave a Comment

Maximizing Telehealth Success: How to Optimize Operations & Revenue Cycle Management

In COVID-19’s wake, providers’ financial recovery will be crucial yet daunting. U.S. hospitals and health systems stand to collectively lose $36.6 billion between March and June 2020 alone. Physician practices also face serious financial challenges as they recoup revenues that declined up to 55 percent and patient volume that decreased 60 percent. Amid these hardships, telehealth has emerged as a widely accepted vehicle for care delivery – providing a way for healthcare organizations to
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Designing A Digital Experience to Drive Revenue and Patient Engagement

by Bill Krause, VP and GM, Digital Experience and Consumer Engagement at Change Healthcare 08/20/2020 Leave a Comment

Designing A Digital Experience to Drive Revenue and Patient Engagement

With the rise of healthcare consumerism, people are looking to hospitals, health systems, and physician practices to deliver the same user-friendly, digital experiences they receive from other industries. A recent survey found that more than 80% of consumers surveyed believe “shopping for healthcare should be as easy as shopping for other common services.” Specifically, they want streamlined access points online where they can shop for and purchase healthcare, easily make appointments,
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T2 Tech Group Acquires Remote Patient Scheduling Service from Revint Solutions

by Jasmine Pennic 08/10/2020 Leave a Comment

T2 Tech Group Acquires Remote Patient Scheduling Service from Revint Solutions

What You Should Know: - T2 Tech Group, a Los-Angeles based leading IT consulting, advisory, and project management services provider, has just acquired the patient access and scheduling services division from Revint Solutions. - The coronavirus pandemic has created a vast backlog of patient appointments and compounded the strain on the healthcare industry. This acquisition allows T2 Tech Group to implement a comprehensive solution, T2 Flex Force, LLC, that brings cutting-edge virtual
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How ADT-Based E-Notifications Can Enable Better Safety for COVID-19 Patients

by Jay Desai, CEO & Co-Founder, PatientPing 07/27/2020 Leave a Comment

Why E-Notifications Are More Important Than Ever Amidst the COVID-19 Pandemic

As COVID-19 continues to impact the country, providers across the continuum face new challenges delivering care and ensuring safety for their patients and themselves.  During this period, sharing real-time information about patients’ care encounters across provider types and care settings matter more than ever. In particular, hospitals sharing admission, discharge, and transfer (ADT) events with COVID-19 patients’ community-based providers is critical to ensure the best treatment course and
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BJC HealthCare Taps Patientco to Provide Seamless Patient Payment Experience

by Jasmine Pennic 07/21/2020 Leave a Comment

BJC HealthCare Taps Patientco to Provide Seamless Patient Payment Experience

What You Should Know: - BJC HealthCare has signed an agreement with patient payment platform Patientco to offer a seamless patient financial experience, helping patients navigate their medical expenses and pay their bills. - Patientco’s platform provides patients with a single billing statement outlining their outstanding balance and will help BJC streamline its payment process by reducing the number of bills associated
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COVID-19: 4 Essential Patient Payment Strategy Components to Accelerate Cash Flow

by David Shelton, PatientMatters CEO 07/20/2020 Leave a Comment

Accelerating Cash Flow Amid COVID-19

In the past few months, the COVID-19 pandemic has shaken societies, economies, and human wellbeing to the core. While protecting public health and welfare are top priorities for hospitals, the harsh reality is that it takes cash to keep the doors open and serve patients effectively. Revenue is down significantly as a result of canceled elective surgeries, while the costs of medical supplies and in-demand personal protective equipment for workers have skyrocketed. Hospitals’ operating challenges
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Caption Health Nabs $53M to Commercialize FDA-Cleared AI-Guided Ultrasound Technology

by Fred Pennic 07/15/2020 Leave a Comment

GE HealthCare to Acquire Caption Health

What You Should Know: - Caption Health raises $53 million series B round to fuel commercialization and expansion of its FDA-approved AI ultrasound technology. This is on the heels of its receiving FDA clearance, designated as a breakthrough technology to fight against COVID-19. - As ultrasounds, especially cardiac ultrasounds, have become increasingly important during a time of COVID when resources are stretched, using AI to help more healthcare professionals take high-quality images is
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NexHealth Raises $15M to Expand Patient Experience Management Platform

by Jasmine Pennic 06/30/2020 Leave a Comment

NexHealth Raises $15M to Expand Patient Experience Management Platform

NexHealth, a San Francisco, CA-based patient experience management platform, announced it has raised $15M in Series A funding from some of Silicon Valley’s best investors, including product-driven founders such as Scott Belsky, founder of Behance and Chief Product Officer at Adobe, and mission-driven founders such as Josh Buckley and Naval Ravikant. Empowering Doctors to Run Thriving Businesses Patients today spend more out-of-pocket, shop for care, and have high expectations from their
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72% of Consumers Had First-Ever Virtual Visit During COVID-19 Pandemic

by Jasmine Pennic 06/29/2020 Leave a Comment

72% of Consumers Had First-Ever Virtual Visit During COVID-19 Pandemic

What You Should Know: - Patient Perspectives on Virtual Care, a new study published today by Kyruus, reveals 72% of consumers had their first-ever virtual visit during the COVID-19 pandemic, and a vast majority would like to continue using it in the future. - The survey of 1,000 consumers ages 18-65+ takes an in-depth look at their use and perceptions of virtual care during COVID-19. A majority of healthcare consumers had their first-ever virtual visit during the COVID-19 pandemic,
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