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rcm

RUSH, R1 Launch Innovation Lab to Drive Value-Based Care & Advanced Analytics

by Jasmine Pennic 08/05/2020 Leave a Comment

Rush University Medical Center Taps R1 for End-to-End Revenue Cycle Management, Innovation Lab

What You Should Know: - Rush University System for Health (RUSH) and R1 RCM Inc. launches a joint Innovation Lab to deliver solutions to improve the quality of care for patients. - The Innovation Lab is expected to commercialize its solutions beginning in 2021. Rush University System for Health (RUSH) and R1 RCM Inc., a provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, announced the launch of a joint Innovation Lab to deliver solutions
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DAS Health Acquires Managed IT Services and CyberSecurity Company Technology Seed

by Fred Pennic 08/03/2020 Leave a Comment

DAS Health Lands $6M to Accelerate Company Acquisition Strategy

- Both companies’ clients will gain an increased depth of IT and security support, and Technology Seed’s healthcare clients will now have a substantially improved value proposition DAS Health Ventures, Inc., a provider of health IT and management, announced today it completed the acquisition of Technology Seed, LLC, a managed IT and cybersecurity services company based in Salem, NH. This acquisition strengthens DAS’ position in the MSP sector and significantly advances its growth strategy to
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HGP Semi-Annual Health IT Market Review: 6 Key Trends to Know

by Fred Pennic 07/16/2020 Leave a Comment

HGP Semi-Annual Health IT Market Review: 6 Key Trends to Know

Healthcare Growth Partners, an Investment Banking and Strategic Advisory firm exclusively focused on the transformational health IT market, today announced the release of its Semi-Annual Health IT Market Review report that summarizes M&A and private equity activity across health IT, health information services, and digital health. Report Background/Methodology This edition of the report includes feedback from our survey of private equity professionals and their response to
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Banner Health to Implement Cerner Revenue Cycle Management Across Enterprise

by Jasmine Pennic 07/16/2020 Leave a Comment

Banner Health to Implement Cerner Revenue Cycle Management Across Enterprise

What You Should Know: - Cerner and long-time client Banner Health announced a new deal to implement a comprehensive suite of revenue cycle management solutions as part of a long-standing strategic alignment to use health care technology to drive population health improvement. - The revenue cycle integration will take place across Banner Health’s entire system, including 28 hospitals and clinics in six states. Banner Health and Cerner, today announced it is expanding
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Post COVID-19: Medical Billing Finally Realizes the Value of Text-to-Pay

by Bird Blitch, CEO and co-founder at Patientco 07/06/2020 Leave a Comment

Post COVID-19: Medical Billing Finally Realizes the Value of Text-to-Pay

Contactless payments were on the rise even before COVID-19 hit. But now, health systems should see them as essential. Consumers are increasingly wary of touching a credit card terminal that others have used, a perfect conduit for spreading germs. For consumers, text payments serve as a convenient contactless way to pay, but there are other unique benefits when this method of payment is applied in a healthcare setting. Let’s look at how text payments can fit into a health system’s revenue
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Top 4 Disruptions Healthcare Providers Should Prepare to Address

by Shawn Yates, Director, Product Management, Ontario Systems 07/02/2020 Leave a Comment

Top 4 Disruptions Healthcare Providers Should Prepare to Address

The past few years have been particularly interesting for the healthcare landscape. We’ve seen a surge in telemedicine and retail clinics, increasing use of personal healthcare devices such as watches and fitness trackers, aggressive attempts to dismantle the ACA, the growing influence of private equity investment firms, and massive mergers with disruptive enterprise market entries such as Amazon. As the ground beneath them continues to shift, many providers are venturing into new territory to
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SwitchPoint Ventures Spins Out AI-Driven Health IT Startup Polaris Health

by Fred Pennic 07/01/2020 Leave a Comment

SwitchPoint Ventures Spins Out AI-Driven Health IT Startup Polaris Health

What You Should Know: - SwitchPoint (made up of veteran healthcare leaders with experience at Intermedix/R1 RCM and others) launches a new technology venture, Polaris Health that leverages AI to predict patient demand and create efficient clinician schedules that align with this demand. - Polaris Health’s solution utilizes proprietary machine learning algorithms to predict provider demand, distribute clinician resources to meet that
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MTBC Acquires RCM Vendor Meridian Medical Management

by Jasmine Pennic 06/18/2020 Leave a Comment

MTBC Acquires RCM Vendor Meridian Medical Management

What You Should Know: - MTBC acquires Meridian Medical Management, a former GE Healthcare IT company to enhance its cloud-based healthcare IT solutions and services. - Meridian Medical Management has been providing revenue cycle management solutions to the ambulatory medical practice management marketplace for over 20 years. MTBC, Inc., a Somerset, NJ-based provider of cloud-based healthcare IT solutions and services announced it has acquired Meridian Medical Management
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R1 Acquires Cerner RevWorks to Extend Revenue Cycle Capabilities

by Fred Pennic 06/03/2020 Leave a Comment

R1 Acquires Cerner RevWorks to Extend Revenue Cycle Capabilities

R1 RCM Inc., a provider of technology-enabled revenue cycle management services to healthcare providers, today announced that it will acquire Cerner RevWorks services business and commercial, non-federal client relationships. R1’s electronic health record-agnostic revenue cycle platform seamlessly complements a healthcare organization’s infrastructure, quickly driving transformative improvements to net patient revenue and cash flows while reducing operating costs. Integration
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RCM: 4 Must-Haves of a Revenue Integrity Solution

by Johnny Pezzuto, Senior Director, Revenue Integrity Solutions at R1 RCM 05/19/2020 Leave a Comment

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

For multiple years in a row, chief executive officers (CEOs) participating in the American College of Healthcare Executives’ annual survey ranked financial challenges as the number one issue facing hospitals. With sound revenue cycle management and, in turn, revenue integrity is essential to survival, the decision to buy, build or replace a revenue integrity solution is one of the most important a hospital can make. Crucial differences separate revenue integrity solutions from one another.
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