- MTBC acquires cloud-based, practice management EHR platform CareCloud on a cash-free, debt-free basis. - Founded in 2009, CareCloud’s integrated clinical and financial platform technology and its suite of solutions enables clients to increase profitability, streamline workflow and improve patient care outcomes nationwide.MTBC, Inc., a leading provider of cloud-based healthcare IT and revenue cycle management solutions, today announced the closing of its acquisition of CareCloud which provides
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Revenue Cycle Management | News, Analysis, Insights - HIT Consultant
Change Healthcare Launches API & Services Connection to Spur Healthcare Innovation
- Change Healthcare has just announced the launch of API & Services Connection, a of library of APIs that spans the Change Healthcare broad portfolio of solutions and includes AI, Medical Network, Payments, Pharmacy, and RCM products.- Now available on the AWS Marketplace, the new library gives healthcare innovators instant access to the same clinical, financial, operational, and patient experience services that power Change Healthcare’s portfolio of HIT solutions. - Now, innovative
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019
- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter.
Q1 M&A Activity
Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio
Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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New Year, New Codes: Best Practices for Keeping Your Chargemaster Up-To-Date
While Q4 is busy for every industry, it is especially taxing for those in the healthcare space. In addition to the quarterly update of HCPCS codes, Q4 brings the release of next year’s Current Procedural Terminology (CPT) and HCPCS codes and also sees the release of the final rules for the prospective payment systems.
On top of the work going on behind the scenes, the end of the year is a notoriously busy time for hospitals as patients make a mad dash to complete their final visits for the year.
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Waystar Acquires AI-Powered Revenue Cycle Platform Recondo Technology
- Waystar acquires Recondo Technology, a provider of revenue cycle automated solutions powered by robotic process automated (RPA). - Recondo brings additional artificial intelligence and machine-learning technologies to Waystar’s broad portfolio of solutions.- With new capabilities, improved data efficacy and a larger team, Waystar can help healthcare organizations consolidate vendors and capture more revenue.Waystar, a provider of revenue cycle technology, today announced the acquisition of
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The State of Patient Access and Engagement: Consumer Demand Versus Reality
- DocASAP, a patient access and engagement platform for health systems, health plans and physician groups revealed the findings of its first annual “State of Patient Access and Engagement” survey. - The survey, conducted by OnePoll and commissioned by DocASAP in October 2019, uncovers insights into patients’ preferences, frustrations and expectations when communicating and engaging with health plans and healthcare providers.DocASAP, a provider of the most advanced patient access and engagement
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HMS Holdings Corp to Acquire Payment Accuracy Company Accent for $155M
- HMS Holdings Corp acquires Accent, a payment accuracy, and cost containment business from Intrado Corporation for approximately $155 million.- Accent’s offerings include comprehensive prospective and retrospective claims accuracy solutions, which incorporates both cost avoidance and overpayment recovery services.- Addition of service provider to commercial and Medicare Advantage health plans to expand the breadth of HMS’ prospective and retrospective claims accuracy services.HMS Holdings Corp.
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Why HCAPHS Is Archaic In Healthcare Today
Hospitals Want HCAHPS revised. Here’s Why.
The Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) survey hasn’t changed since its inception in 2006. Healthcare leaders have long wanted to see it reformed. Now, hospital groups are making the case for a major HCAHPS overhaul.
Here’s what they’re are asking for, and what their requests mean for the future of patient experience.
A Useful Tool, But An Outmoded One
Leaders at the American Hospital Association, the
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Kareo Sells Managed Billing Services Business to Health Prime International
- Karo sells Karo Managed Billing services business to Health Prime International, an independent supplier of outsourced medical billing services. - The sale enables Kareo to retain its focus on advancing it's industry-leading cloud-based clinical and business management software platform for both independent medical practices and medical billing companies.Kareo, a provider of cloud-based clinical and business management software for independent medical practices and medical billing companies
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RCM: Getting the Most from Your State’s All-Payer Claims Database
This past year, California became the latest (and largest) state to legislatively mandate an all-payer claims database (APCD). As the name implies, an APCD is a statewide repository of all claims information from a state’s health care payers, including both commercial and government.
The intent of an APCD is to help policymakers and others better understand the drivers of health care use and costs and spot usage trends across networks, facilities, and geographies. An APCD could also help assess
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