What You Should Know:
- DeliverHealth, a provider of technology-enabled solutions for hospitals, health systems and group practices launches artificial intelligence (AI) driven autonomous coding for a simpler, more efficient way to accelerate revenue cycle optimization.
- The autonomous coding platform removes inherent complexities clinicians and care teams face while helping administration and operations obtain the realization of their EHR investments.
Combating the Impact of the
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Revenue Cycle Management | News, Analysis, Insights - HIT Consultant
LumaPay Launches for Patients to Pay Med Bills in An SMS Text
What You Should Know:
- Luma Health today announced the launch of LumaPay, a new service for healthcare systems that provides patients a better and more transparent financial journey.
- LumaPay™ lets patients pay bills from anywhere via text as the inaugural module of LumaFinancial, which provides better, simpler, and more transparent financial journeys
Offering Patients an Easy to Pay Their Bills
LumaPay enables healthcare organizations to offer patients an easy, text-first way to
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Buried Under Dirt or Under Debt: Can Patients Survive the Struggle of Getting Care?
New patients at a cancer center in Michigan receive a 79-page handbook when their treatments commence. The handbook includes needed advice on what to eat and the side effects of chemotherapy drugs. One double-sided page features information about how to navigate the financial aspects of cancer treatment, including who to contact for help with medical bills.
For Leslie Vreeland-Corpe of Michigan, one double-sided page couldn’t contain all the information she needed. After being diagnosed
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KAID Health Raises $4.25M for AI-Powered Provider/Payer Whole Chart Analysis Platform
What You Should Know:
KAID Health,makers of anartificial intelligence-enabled clinical analysis and provider engagement platform,today announced its $4.25M in Series A funding bringing their total capital raised to $6.45M.
- The funding will fuel growth of the provider/payer platform that integrates with the electronic medical records (EMR) to identify high-value tactical care and coding interventions. The company will also expand its Boston, MA office and will hire new team
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Olive Partners with Magenta to Revolutionize Risk Adjustment Process
What You Should Know:
- Olive, the automation company creating the Internet of Healthcare, today announced its partnership with Magenta Care Continuum, a HIPAA-compliant health records vault that includes care gap analytics.
- Through the Olive Library, payers and providers can access Magenta's solutions to help close care gaps, improve billing and claims occurrence and ensure compliance and revenue integrity for value-based population management.
Automating the Risk
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Polygon to Partner with MSP on Healthcare Blockchain Initiative
What You Should Know:
- Today, Polygon Networks, a leading blockchain and scaling solution, announced a partnership with Tokenology and MSP Recovery to deliver LifeChain - a new healthcare claims platform.
- LifeChain will leverage blockchain technology to solve healthcare's biggest problems, including fraud, inefficiency in payments and antiquated processes.
Tokenize Healthcare Claims On-Chain
LifeChain will be developed by MSP Recovery and Tokenology as a fully tokenized Medicare,
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Nearly 60% of Hospitals and Health Systems Have More Than 100 Job Vacancies
What You Should Know:
- More than 57 percent of health systems and hospitals have more than 100 open roles to fill across their operations, according to new AKASA survey where more than 400 healthcare finance leaders identified vacancies across their healthcare organizations and the revenue cycle.
- The findings reveal how insufficient staffing is hampering daily operations and pushing a strained workforce to the limit.
Combating Vacancies with AI-Powered Automation
Additionally, one
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ScionHealth Signs 10-Year End-to-End RCM Partnership with R1 RCM
What You Should Know:
- Today, R1 RCM, a leading provider of technology-driven revenue cycle management (RCM) solutions, is announcing a 10-year end-to-end partnership with ScionHealth, a new Louisville-based health system comprising nearly 80 hospitals, to provide exclusive enterprise RCM services to its long-term acute care hospitals.
- ScionHealth joins healthcare systems including Ascension, Intermountain Healthcare, LifePoint Health, Penn State Health and more that have chosen R1 to
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Cerner & AKASA Partner on AI-Powered Revenue Cycle Automation
What You Should Know:
- Health IT leader Cerner and AI developer for healthcare operations AKASA announce a partnership to scale automation within the revenue cycle at hospitals and health systems using AI and machine learning.
- The collaboration offers Cerner customers access to AKASA’s AI-based Unified Automation® platform which is purpose-built for healthcare.
Growing Need for Revenue Cycle Automation
Staff shortages are particularly concerning for healthcare revenue cycle
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Luma Health & Change Healthcare Partner to Develop Solutions to Optimize Patient Journeys
What You Should Know:
- Luma Health, a digital health company streamlining patient-provider communications announced a strategic partnership with Change Healthcare, a healthcare technology company that provides the connection and data transfer between providers, payers, and consumers.
- The two companies will develop solutions to meet health systems' demand for streamlined and unified clinical, operational, and financial journeys.
Develop Solutions to Unify All Journeys -Clinical,
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