What You Should Know:
- CorroHealth – a newly-formed entity – combines the services and technologies of TrustHCS, Visionary RCM, T-System, and RevCycle+.
- Under this new entity, CorroHealth is committed to
helping clients navigate regulatory compliance complexities, ease physician burdens
and improve financial outcomes.
Today, four revenue cycle management services and technology organizations have merged together as a newly-formed entity—CorroHealth. TrustHCS, Visionary RCM,
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Revenue Cycle Management | News, Analysis, Insights - HIT Consultant
Change Healthcare Launches Solution to Enable Pharmacies to Manage COVID-19 Test Billing
What You Should Know:
- Change Healthcare launches a new solution that simplifies
billing to bring more COVID-19 testing options to consumers.
- New service
enables pharmacies to manage COVID-19 test billing within their traditional Rx
claims processes, driving the potential to dramatically expand U.S. testing
capabilities.
Change
Healthcare, announced a new solution, MedRx
that makes it easier for consumers to get COVID-19 testing in their local
pharmacies. The company’s
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ApolloMD Partners with Cedar to Implement Optimized Online Patient Billing Experience
What You Should Know:
- ApolloMD, a multispecialty clinical services provider for hospitals and health systems partners with patient engagement and financial technology platform Cedar to enabled an improved online billing experience for patients.
- With Cedar, ApolloMD can now provide a digital billing
experience built for patients, leading to better engagement.
ApolloMD, a
multispecialty clinical services provider for hospitals and health systems, and
Cedar, a leading
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Revint Merges with Triage to Deliver Comprehensive Revenue Integrity
What You
Should Know:
- Revint,
a leader in technology-enabled revenue integrity solutions for healthcare
providers, announced they will be merging with Triage Consulting Group, one of
the nation’s premier healthcare revenue integrity companies.
- With this merger, Revint continues to invest in its technology and product solutions that recover revenue through a guaranteed ROI model that hospital systems can depend on.
Revint Solutions, a leader in
technology-enabled revenue
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Change Healthcare Launches New AI Model to Extract Diagnostic Data from EHRs for Case Management
What You Should Know:
- Change Healthcare launches a new artificial intelligence model that automatically extracts diagnostic data from clinical notes to increase the efficiency of automated medical necessity reviews by over 20%.
- The new Change Healthcare AI models are trained using
clinical data and are honed by expert physicians.
Change Healthcare unveils new innovative new Artificial Intelligence models, trained by expert physicians, which extract meaningful diagnostic
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AMA Approves 2 New CPT Codes to Support Response to COVID-19
What You Should Know:
- The American Medical Association adds two new CPT codes
to streamline the reporting of innovative tools and services now available to
help reduce the COVID-19 disease burden.
- The two new codes 99072 and 86413 have been approved for immediate use.
The American Medical Association (AMA) published
an update to the Current Procedural Terminology (CPT®) code set that
includes two code additions for reporting medical services sparked by the
public
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Maximizing Telehealth Success: How to Optimize Operations & Revenue Cycle Management
Vijay Kotte, EVP of Physician Services at R1 RCM
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 –
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Patientco’s IVR Integration Joins Epic App Orchard, Selected by Baptist Memorial Health Care
Patientco, a
next-generation patient payment technology company, today announced that its
Interactive Voice Response (IVR) integration is now available in the Epic App
Orchard marketplace and has been selected by Memphis, Tenn.-based Baptist
Memorial Health Care.
As providers have cited a surge in patient calls resulting
from COVID-19
and billing concerns, Baptist Memorial wanted to lift the burden from its revenue cycle
management (RCM) team while also improving patient service and the
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Designing A Digital Experience to Drive Revenue and Patient Engagement
Bill Krause, VP and GM, Digital Experience and Consumer Engagement at Change Healthcare
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
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Report: Modern Revenue Integrity Solutions Driving Payment Performance
What You Should Know:
- New Chilmark Research report on revenue integrity
in healthcare reveals a transitional market making strides to address the new
burdens of modern care economics.
- The ongoing COVID-19 public health emergency underscores
the imperative need for automation and reduced administrative costs even
clearer.
Revenue cycle
has and continues to be one of the most difficult challenges in healthcare.
These issues manifest in the claims process of submission,
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