XIFIN announced the expansion of its portfolio of physician and patient engagement solutions with integrated patient responsibility estimation and automated prior authorization capabilities, enabling diagnostic providers to improve their patient experience and physician satisfaction. The new capabilities include a strategic partnership with Glidian that integrates automated prior authorization capabilities with XIFIN’s revenue cycle management and laboratory information system solutions, XIFIN
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Change Healthcare Unveils Claims Lifecycle Artificial Intelligence
Change Healthcare today announced Claims Lifecycle Artificial Intelligence, a new capability being integrated into the company’s Intelligent Healthcare Network and financial solutions, to help providers and payers optimize the entire claims processing lifecycle.Claims Lifecycle AI OverviewThis Change Healthcare Claims Lifecycle AI service is trained on more than 500 million service lines making up over 205 million unique claims that touch $268 billion in charges. The service leverages the
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Providence St. Joseph Health Acquires Blockchain-Powered Revenue Cycle Platform Lumedic
Providence St. Joseph Health, one of the nation's largest health systems, today has acquired Lumedic, a next-generation revenue cycle management platform powered by blockchain technology. Providence St. Joseph Health will be the first integrated provider-payer system to establish a scalable blockchain platform to transform claims processing and enhance interoperability between providers and payers.Optimizing Revenue Cycle ManagementReducing inefficiencies in revenue cycle management (RCM) has
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R1, Intermountain to Build Innovation Center in Salt Lake City to Foster Revenue Cycle Innovation
In collaboration with Intermountain Healthcare, R1 plans to build a state-of-the-art Technology and Innovation Center in Salt Lake City to foster revenue cycle management (RCM) innovation. This move reflects the industry’s ongoing effort to offer patient-centric care across the healthcare continuum – starting with an improved patient financial experience. Innovation Center Opening DateScheduled to open in May 2019, the 30,000 square foot facility will be used to evaluate patient needs, test
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PerfectServe Acquires AI Patient Scheduling Solution Lightning Bolt and CareWire
After 16 years of bootstrapped success, Lightning Bolt is being acquired by PerfectServe, a provider of cloud-based clinical communication and collaboration solutions. Lightning Bolt’s AI technology enables healthcare organizations to build smarter physician shift schedules that give doctors balanced hours, safer shifts, and more flexibility to take time off, all while still improving patient access.Founded in 2002 and based in San Francisco, California, Lightning Bolt is an AI-enabled solution
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BREAKING: eMDs Acquires Ambulatory EHR Aprima to Strengthen Position in Ambulatory EHR Market
eMDs announced today that it has acquired Aprima Medical Software (“Aprima”), a provider of electronic health record (EHR) and practice management (PM) software and revenue cycle management (RCM) solutions to ambulatory care organizations. The acquisition strengthens eMDs position in the ambulatory EHR space to serve over 63,000 providers in over 26,000 practices and hospitals across the world.For two decades, Aprima serves physicians in primary care and more than 70 specialties with a fast,
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Patients are the New Payer: The New Dynamics of the Healthcare Economy
As consumers, we can use our smartphones to buy everything from airline tickets to groceries. In both cases, the products are delivered or confirmed almost immediately. Many of us instantly compare prices to see if we’re getting a good deal.This type of purchasing is not as seamless in healthcare. It can often be difficult to determine the exact cost of care prior to a procedure being done. There isn’t an easy way to compare the cost of medical procedures between healthcare organizations — which
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8 Use Cases for Natural Language Processing (NLP) Technology in Healthcare
A look at natural language processing (NLP) technology's top potential use cases reveals how its destined to disrupt healthcare.It’s no secret that the big data wave had been building in healthcare for some time. What has somewhat remained a bit mysterious, however, is how innovators planned to stave the flood and make use of the sizeable data to help healthcare providers create efficiencies and improve outcomes. According to a recent Chilmark report, natural language processing (NLP) may be the
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Facing the Revenue Cycle’s Biggest Challenges in 2019
Hospital revenue cycle departments have gained greater visibility in recent years as a significant driver of revenue streams. Yet many of these departments continue to face serious challenges in several areas, including workforce, interoperability, and EHR optimization.Taking revenue cycle management to the next level by harnessing technology and data analytics can help hospitals and health systems track costs and identify opportunities for cost savings, gain efficiencies, and optimize financial
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CentralReach Acquires Managed Billing Provider Bronco Billing
CentralReach, a provider of practice management software for ABA clinicians and educators, has recently acquired Bronco Billing, giving customers access to a team of billing experts to expedite the billing process and maximize revenue. The acquisition is an expansion of the existing partnership between Bronco Billing and CentralReach allowing customers to improve their billing process through auto-generated claims, receivables collections, payments, and denial re-submissions, so they can spend
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