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

Waystar Acquires Medicare RCM Company eSolutions at $1.3B Valuation

by Fred Pennic 08/13/2020 Leave a Comment

Waystar Acquires Medicare RCM Company eSolutions at $1.3B Valuation

What You Should Know: - Revenue cycle management provider Waystar acquires eSolutions, a provider of Medicare and Multi-Payer revenue cycle management, workflow automation, and data analytics tools at a $1.3B valuation. - The acquisition will create the first unified healthcare payments platform with both commercial and government payer connectivity, resulting in greater value for providers. Waystar, a provider of healthcare payments software, today announced a definitive agreement
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Top 5 RCM Challenges for Healthcare Executives in the COVID-19 Era and Beyond

by Brian Robertson, CEO at VisiQuate 08/11/2020 Leave a Comment

Top 5 RCM Challenges for Healthcare Executives in the COVID-19 Era and Beyond

There have been many memorable “where were you?” events since the 21st century began. But few can match the COVID-19 pandemic, at least from a healthcare perspective.  The effect on healthcare (and healthcare executives) has been particularly profound since our industry is in the center of everything. From the search for personal protective equipment (PPE) to setting up secure wings and field hospitals to instantly redeploying nurses from other floors to the emergency department (ED),
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T2 Tech Group Acquires Remote Patient Scheduling Service from Revint Solutions

by Jasmine Pennic 08/10/2020 Leave a Comment

T2 Tech Group Acquires Remote Patient Scheduling Service from Revint Solutions

What You Should Know: - T2 Tech Group, a Los-Angeles based leading IT consulting, advisory, and project management services provider, has just acquired the patient access and scheduling services division from Revint Solutions. - The coronavirus pandemic has created a vast backlog of patient appointments and compounded the strain on the healthcare industry. This acquisition allows T2 Tech Group to implement a comprehensive solution, T2 Flex Force, LLC, that brings cutting-edge virtual
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Patient Payment Strategies to Accelerate Cash Flow Amid COVID-19

by David Shelton, PatientMatters CEO 08/05/2020 Leave a Comment

Payment Strategies to Accelerating Cash Flow Amid COVID-19

In the past few months, the COVID-19 pandemic has shaken societies, economies, and human wellbeing to the core. While protecting public health and welfare are top priorities for hospitals, the harsh reality is that it takes cash to keep the doors open and serve patients effectively. Revenue is down significantly as a result of canceled elective surgeries, while the costs of medical supplies and in-demand personal protective equipment for workers have skyrocketed. Hospitals’ operating challenges
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Centauri Health Acquires AppRev to Enhance Hospital Revenue Cycle Optimization

by Fred Pennic 08/05/2020 Leave a Comment

Centauri Health Acquires AppRev to Enhance Hospital Revenue Cycle Optimization

What You Should Know: - Centauri Health Solutions acquires Applied Revenue Analytics (AppRev) for undisclosed terms to enhance Centauri’s market leadership in hospital revenue cycle optimization. - AppRev delivers technology-enabled revenue cycle optimization services in a Software-as-a-Service (SaaS) model. Centauri Health Solutions (“Centauri” or the “Company”), an innovative healthcare technology and services company, announced today that it has acquired Applied Revenue Analytics
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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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Sharecare Acquires WhiteHatAI to Enhance Healthcare Payment Integrity

by Fred Pennic 07/27/2020 Leave a Comment

Sharecare Acquires AI Company WhiteHatAI to Enhance Healthcare Payment Integrity

What You Should Know: - Sharecare acquires WhiteHatAI to provide health plan and provider clients with additional capabilities to ensure healthcare payment integrity  - WhiteHatAI’s ability to detect erroneous claims before they are paid will help Sharecare’s health plan partners reduce costs associated with FWA. - Sharecare will integrate WhiteHatAI’s capabilities to foster deeper engagement by enabling patients to both verify recent medical procedures and report
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DrChrono, ClearGage Integrate Patient Estimator and Finance Tools

by Jasmine Pennic 07/27/2020 Leave a Comment

Hospital CFO_New Financing Program Minimizes Impact of ICD-10 Revenue Delay for Private Practices_revenue cycle management

What You Should Know: - DrChrono announces that ClearGage has integrated its patient estimator and financing tools into DrChrono‘s Practice Management platform. - The ClearGage app offering gives practices the ability to provide patient estimates directly within appointments. DrChrono Inc., the company developing the essential platform and services for modern medical practices, announced today that ClearGage has integrated its patient estimator and financing
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HealthEdge Acquires Payment Integrity Solution The Burgess Group

by Fred Pennic 07/21/2020 Leave a Comment

HealthEdge Software Acquires Payment Integrity Solution The Burgess Group

What You Should Know: - HealthEdge Software announces the acquisition of The Burgess Group, LLC (“Burgess”), an innovative payment integrity software company focused on improving healthcare payment operations for an undisclosed sum. - The strategic acquisition will boost Health Edge’s position in the payment integrity market and extends best-in-class claims processing to include software-driven payment integrity - Burgess’ product, Burgess Source®, is the first solution to natively
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