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