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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Revenue Cycle Management | News, Analysis, Insights - HIT Consultant
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 integrity
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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
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 – providing a way for healthcare organizations to
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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
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 online where they can shop for and purchase healthcare, easily make appointments,
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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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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
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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