What You Need to Know:
- CareFirst BlueCross BlueShield announces steps to expand access to coronavirus (COVID-19) care for its members
- CareFirst will waive prior authorizations for diagnostic tests and for covered services that are medically necessary for any members that are diagnosed with COVID-19.
CareFirst BlueCross BlueShield (CareFirst) announced it is taking action to ensure that its members seeking testing and treatment for coronavirus can swiftly access the right care in
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Revenue Cycle Management | News, Analysis, Insights - HIT Consultant
TransUnion, VisitPay to Provide End-to-End Patient Payment Experience
- TransUnion and VisitPay announce a partnership that aims to improve the patient experience while maximizing revenue for healthcare providers.
- Together, TransUnion Healthcare and VisitPay will improve the patient's financial journey by providing an end-to-end patient payment experience, linking estimation with back-end billing and creating a data-driven feedback loop for providers.
TransUnion announced a partnership with VisitPay, an online patient financial engagement, and revenue
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DrChrono EHR, Cognition IP Partner to Process 5 Machine Learning-based Patents
- DrChrono partners with Cognition IP to draft and file 5 new patent applications related to the company’s core technologies on machine learning.
- DrChrono patents aimed at helping physicians interact with data via machine learning algorithms in its open healthcare platform.
DrChrono Inc., the company developing the
essential platform and services for modern medical practices to make care more
informed, more interactive, and more personalized, partnered with Cognition
IP, a law firm
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Waystar Launches AI/RPA Platform to Automate Revenue Cycle Processes
- Waystar Launches Hubble, an artificial intelligence and automation platform, Hubble that automates revenue cycle processes to help providers collect payment faster and more effectively.
- The platform uses AI to help providers fix outdated and inefficient billing processes -- helping hospitals that are struggling financially, as well as helping patients avoid issues like surprise medical bills, by improving accuracy and price transparency.
Waystar, a Chicago, IL-based provider of
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After Advent Health, Atrium Health to Replace Cerner with Epic EHR
- Charlotte-based health system Atrium Health announces it will replace Cerner electronic health system (EHR) with Epic EHR.
- The announcement marks the second health system to depart Cerner this month after AdventHealth announced it will replace Cerner and switch to Epic’s enterprise EHR and revenue cycle management system.
Atrium Health, one
of the nation’s most highly integrated not-for-profit healthcare systems based
in Charlotte, N.C. will replace their Cerner EHR system with its
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Patient Financial Engagement Startup MedPilot Raises $1.5M to Fuel Expansion
- Patient financial engagement startup MedPilot raises $1.5M in funding to fuel its next stage of growth, bringing its total to date to $3.6M.
- MedPilot’s patient financial relationship platform transforms patient billing through customized outreach tailored to people's preferences.
MedPilot, a
Cleveland, OH-based patient financial engagement company announced it has
raised $1.5M in funding led by JumpStart, TurnCap, Northcoast Fund, Wavemaker
Three-Sixty Health, Valley Growth
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XIFIN Introduces Transformative AI-Enabled Revenue Cycle Platform
- The latest version of XIFIN’s flagship RCM platform optimizes cash collections, enables real-time connectivity and error correction, and provides enhanced self-service for patients and physicians.- Unlike other RCM systems that require manual efforts once the claims are denied, XIFIN RPM 11 reduces costs and delivers denials and appeals process automation, including automatic generation of payor-specific appeal forms and appeal letters.Today’s diagnostic laboratory leaders face more challenges
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R1 Expands Physician Practice Footprint with District Medical Group
- R1 recently announced an expansion of their revenue cycle management services to the medical group market; it has announced that District Medical Group (DMG) is the first partner in this new offering.- R1 was selected to improve the financial performance, support significant growth and navigate complex payment models, allowing DMG to focus on providing top-quality care to patients while making their organization more nimble, transparent and profitable both in the short and long-term.R1 RCM
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A Matter of Trust: 3 Tips for Outsourcing Out-of-Pocket Support
The cost of family health coverage topped $20,000 this year—as much as an economy car. As consumers shoulder higher out-of-pocket costs than ever, health systems are bracing for the impact.
A recent survey found that while 81 percent of healthcare leaders say rising consumer responsibility will affect revenue, leaders of larger organizations are even more concerned about the toll on finances:
- 33 percent of health system executives believe increased consumer responsibility will have a
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KLAS Names Epic, Pivot Point, Accenture Overall Best in KLAS 2020
- Epic was named the top Overall Software Suite for the tenth consecutive year in the Best in KLAS 2020 Software & Services report. - Pivot Point Consulting, a Vaco Company, was named the top Overall IT Services Firm, edging out last year’s winner, Impact Advisors. - Accenture earned the award of top Overall Healthcare Management Consulting Firm.Today, KLAS Research announced released their annual Best in KLAS Software & Services that recognizes the leading vendors for solutions,
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