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Revenue Cycle Management | News, Analysis, Insights - HIT Consultant

Maverick AI and ImagineSoftware Partner to Automate Medical Coding with Gen AI

by Jasmine Pennic 02/20/2024 Leave a Comment

Maverick AI and ImagineSoftware Partner to Automate Medical Coding with Gen AI

What You Should Know: - Maverick Medical AI ("Maverick"), a provider of an autonomous AI-powered medical coding platform, today announced a strategic partnership with ImagineSoftware, a provider of revenue cycle management (RCM) technology in the United States. - The strategic partnership aims to automate the coding process, maximize revenue recovery, and optimize workflows for healthcare providers nationwide. The Challenge: Manual Coding in a Digital Age The healthcare industry
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Anatomy Launches AI-Powered Financial Automation for Healthcare Orgs

by Syed Hamza Sohail 02/16/2024 Leave a Comment

Anatomy Launches AI-Powered Financial Automation for Healthcare Orgs

What You Should Know: Anatomy Financial announces the launch of their AI-powered financial automation solutions for medical, dental, digital health, and healthcare billing companies.Anatomy has raised $7.6M in funding to build a financial operating system for healthcare from Lightspeed, Meridian Street Capital, Live Oak Ventures, Cambrian Ventures, Peterson Ventures, and angel investors with expertise across healthcare and fintech. Streamlining Healthcare Finance: Anatomy's Automated
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RapidClaims Emerges from Stealth with $3.1M to Tackle Healthcare Claim Denials with AI

by Fred Pennic 02/15/2024 Leave a Comment

RapidClaims Emerges from Stealth with $3.1M to Tackle Healthcare Claim Denials with AI

What You Should Know: - RapidClaims, a healthcare technology startup focused on automating medical coding and reducing claim denials, has officially exited stealth mode after securing a $3.1M seed funding round. The seed round was led by Together Fund, a $250 million global SaaS fund, with participation from Better Capital, Neon Fund, Peercheque, DeVC with angels and advisors coming from prominent US healthcare organizations including Oscar Benavidez (Executive Director, Mass General), Ankit
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2024: The Year of Smarter Automation and AI in Healthcare Revenue Cycle

by Matt Seefeld, EVP of MedEvolve 02/07/2024 Leave a Comment

2024: The Y2024: The Year of Smarter Automation and AI in Healthcare Revenue Cycleear of Smarter Automation and AI in Healthcare Revenue Cycle

Artificial intelligence (AI) dominated the headlines in 2023. It was the topic of countless articles, reports and even court cases. Some may be fatigued by it, or even afraid of it, but the reality is AI is here to stay in 2024. The best thing we can all do is learn how to leverage it to make our jobs easier. In fact, after decades of slogging through manual processes, healthcare organizations are joining the movement and implementing automation and AI solutions to improve revenue cycle
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Rivia Health Secures $3.25M to Streamline Patient Payments

by Fred Pennic 02/05/2024 Leave a Comment

Rivia Health Secures $3.25M to Streamline Patient Payments

What You Should Know: - Rivia Health, a healthcare revenue cycle management platform raises $3.25M in seed funding round led by PHX Ventures. - The seed funding will fuel the company's expansion plans, including enhancing its patient payment solution and entering new markets across the US. Streamlining Payments, Improving Efficiency The healthcare digital payment market is experiencing exponential growth, driven by factors like rising healthcare costs and increasing adoption of
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Ensemble Health Partners Joins Epic’s Rev Cycle Partners Program to Supercharge Revenue Cycle Optimization

by Fred Pennic 01/31/2024 Leave a Comment

Ensemble Health Partners Joins Epic's Rev Cycle Partners Program to Supercharge Revenue Cycle Optimization

What You Should Know: - Ensemble Health Partners (Ensemble), an innovator in revenue cycle management, announced its official partnership with Epic, a renowned electronic health records system (EHR) provider, in Epic's newly launched Rev Cycle Partners program. - This collaboration between Ensemble and Epic marks a significant advancement in revenue cycle optimization for healthcare organizations. By combining Ensemble's expertise with Epic's cutting-edge technology and shared commitment
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Foyer Global Health Embraces GenAI with Galytix to Transform Claims Processing

by Fred Pennic 01/24/2024 Leave a Comment

Foyer Global Health Embraces GenAI with Galytix to Transform Claims Processing

- Foyer Global Health, the international health insurer for expatriates and companies, announced today a strategic collaboration with Galytix, the GenAI platform for the financial sector, to implement HealthX, the innovative digital health platform designed specifically for insurers. - This collaboration paves the way for further advancements in healthcare data management within the IPMI sector, setting a new standard for efficiency, accuracy, and risk management. Revolutionizing
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Aidéo Technologies, MedEvolve Integrate on AI-Powered Coding & Revenue Cycle Workflow Automation

by Jasmine Pennic 01/24/2024 Leave a Comment

Aidéo Technologies, MedEvolve Integrate on AI-Powered Coding & Revenue Cycle Workflow Automation

What You Should Know: - Aidéo Technologies, a leading provider of AI-powered coding workflow tools, and MedEvolve, a data-driven solutions powerhouse, today announced a strategic partnership. - The strategic collaboration will integrate Aidéo's Gemini platform and AutoCode solutions into MedEvolve's award-winning Effective Intelligence suite, streamlining workflows and boosting productivity for healthcare organizations. Streamlining RCM Operations with AI The heart of the partnership
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Patient Collections Top Revenue Cycle Worries for Healthcare Providers, Salucro Report Reveals

by Fred Pennic 01/24/2024 Leave a Comment

Patient Collections Top Revenue Cycle Worries for Healthcare Providers, Salucro Report Reveals

What You Should Know: - Salucro Healthcare Solutions, a leading healthcare payment technology company, has released its inaugural Healthcare Provider Fintech Insights Report. - The insights report sheds light on the priorities and challenges faced by revenue cycle and finance professionals in the healthcare industry, offering valuable insights into where they are investing in 2024 and beyond. A Pressing Concern: Patient Collections The report paints a clear picture of the current
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Fathom’s AI Coding Solution Lands on Google Cloud Marketplace, Supercharging Healthcare Revenue Cycle

by Jasmine Pennic 01/17/2024 Leave a Comment

Fathom's AI Coding Solution Lands on Google Cloud Marketplace, Supercharging Healthcare Revenue Cycle

What You Should Know: - Fathom, the leader in AI-powered medical coding automation, has announced its groundbreaking solution will be available on Google Cloud Marketplace starting in Q1 2024. - This strategic partnership brings together two industry giants, offering healthcare organizations a powerful one-stop shop for streamlining revenue cycle management and claiming the benefits of cutting-edge technology. Fathom: Automating the Revenue Cycle: The healthcare industry faces a
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