As we learn to equilibrate with COVID-19, we are collectively learning how to modulate our acceptance of risk in order to re-emerge and engage with the world around us. It has at times over the course of the pandemic been a necessary choice, oftentimes in the name of risk, to forgo routine healthcare. Our avoidance of more routine prevention and health maintenance activities to minimize exposure and taxation of health systems has unfortunately increased other health risks, particularly risks
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Patient Access in Healthcare | Revenue Cycle Management
Luma Health Secures $130M to Optimize Patient Journey
What You Should Know:
- Luma Health, a provider of patient engagement technology raises $130M to unify, automate, and transform patients’ healthcare journey.
Luma Health, a San Francisco, CA-based patient engagement platform, today announced a $130 million Series C funding round led by FTV Capital, a sector-focused growth equity investment firm, with participation from existing investors. This latest round brings Luma Health’s total funding raised to $160
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An Inside Look at Payer Compliance with CMS’ Patient Access API Rule
The healthcare industry is now closer than ever to its quest for true interoperable data exchange. July 1, 2021 was the enforcement date for the Centers for Medicare and Medicaid Services (CMS) Interoperability and Patient Access final rule. The rule requires that all healthcare payer organizations participating in a CMS program allow members to download and share their data using API’s (Application Programming Interface). This
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Is the Smartphone Key to Unlocking Frictionless Patient Registration?
Since the beginning of healthcare’s digital revolution, organizations have been striving to achieve the Triple Aim of healthcare: better outcomes, lower costs, and improved patient experiences.
While reimbursement reforms and regulatory actions have helped realize measurable gains in population health and overall spending, progress on the patient experience piece hasn’t always been as clear-cut.
Firstly, patient satisfaction is a hard concept to quantify. And the
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How Hospitals Can Help Patients Meet Financial Obligation While Driving Revenue Excellence
Medical debt in the US has reached crisis proportions. According to a recent study published by JAMA Network, unpaid healthcare bills are one of the largest sources of debt for Americans, reaching $140 billion last year. The impact is not limited to patients. Healthcare providers are feeling the pinch as well. On average, uncompensated care accounts for approximately 8% of a hospital’s expenses.
The inability to pay medical bills is strongly correlated with a lack of
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Cerner Launches RevElate Patient Accounting for Rev Cycle Portfolio
What You Should Know:
- Today Cerner announced the launch of Cerner RevElate™, the company’s go-forward patient accounting product that will bring new and enhanced capabilities to the Cerner® revenue cycle management portfolio.
- Cerner RevElate is expected to preserve and advance the clinically driven capabilities of Cerner Millennium® while adding scalable, enterprise capabilities of Soarian® Patient Accounting software.
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Salesforce Rolls Out Care from Anywhere to Improve Patient Access
What You Should Know:
- Salesforce launches care from anywhere, new innovations that help organizations get closer to their patients, members, and customers in an always-on, digitally-enhanced healthcare system. By tapping into these innovations, they can streamline operations and ultimately, drive better health outcomes.
In addition to care from anywhere, Salesforce is also rolling out:
- Remote Patient Exception Monitoring for Health Cloud, which surfaces data and insights from
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Tegria, Cedar Partner to Humanize the Patient Financial Experience
What You Should Know:
- Tegria, a Seattle-based healthcare technology, and services company, and Cedar, a New York City-based healthcare financial technology platform, announced the formation of a strategic partnership. The partnership will bring Cedar's consumer-facing financial engagement platform to Tegria customers and deliver Tegria's robust revenue cycle management expertise to Cedar's extensive client base, enabling a seamless, intuitive, and dependable financial experience for both
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Relatient Merges with Patient Access Platform Radix Health, Raises $100M+
- Today, Relatient, Inc., the leading SaaS-based, patient engagement platform, announced the signing of a definitive agreement to merge with Radix Health, a data-driven platform that helps medical practices and hospital groups optimize scheduling, patient access, and self-scheduling. Financial terms of the merger were not disclosed.
- In addition, Relatient has raised $100+ million of additional growth equity capital from its existing investor, Brighton Park Capital, and its affiliates.
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M&A: Komodo Health Acquires Breakaway Partners to Improve Patient Access
What You Should Know:
- Today, Komodo Health announces the acquisition of Breakaway Partners to improve patient access to effective therapies. The acquisition brings together Komodo’s Healthcare Map and software suite with Breakaway Partners’ industry-leading formulary data, policy criteria, and analytics software to create the industry’s first prescription drug access business solution based on a comprehensive, real-time view of real-world outcomes and
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