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

DAS Health Acquires Health IT and Medical Billing Conglomerate

by Fred Pennic 08/02/2019 Leave a Comment

DAS Health Acquires Health IT and Medical Billing Conglomerate

DAS Health, an industry leader in health IT and management, announced today it completed the acquisition of a Milwaukee-based healthcare solutions conglomerate, including WRT Specialties, Inc., Easy PC Solutions, LLC, EasyMed Billing, LLC and Houston-based Systech Solutions. This follows DAS’ acquisition of Houston-based Altex Business Solutions earlier this year, and three Chicago-based companies at the end of 2018. Financial details of the acquisition were not disclosed.DAS Health Growth
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OHSU to Implement Kyruus ProviderMatch to Improve Patient Access

by Jasmine Pennic 07/30/2019 Leave a Comment

OHSU in Portland, Oregon, a nationally distinguished research organization, announced it will implement Kyruus ProviderMatch platform to enhance patient access to providers and services across the OHSU health system.Comprehensive Provider DirectoryOHSU is building a comprehensive provider directory with KyruusOne®, Kyruus’ robust provider data management platform. The platform will enable the health system to unify disparate data sources and develop detailed profiles with direct engagement from
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CMS Launches Pilot to Give Clinicians Direct Access to Claims Data

by Jasmine Pennic 07/30/2019 Leave a Comment

Survey: Hospital Cost of Following-up on Late Insurance Claims Higher Than Estimated

New CMS Pilot program gives clinicians direct access to claims data, putting patients over paperwork and at the center of their care.Today, at the White House Blue Button Developers Conference (BBDC), the Centers for Medicare & Medicaid Services (CMS) announced a new pilot program for clinicians called “Data at the Point of Care” (DPC). DPC is based on an industry-standard application programming interface (API), and is part of the MyHealthEData Administration-wide initiative that is
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HIM Provider Ciox Health Lands $30M to Expand Health Data Repository

by Fred Pennic 07/29/2019 Leave a Comment

HIM Provider Ciox Health Lands $30M to Expand Health Data Repository

Ciox Health, a provider of health information management solutions has raised $30 million in equity investment capital led by Merck Global Health Innovation Fund (Merck GHIF) and private equity owner New Mountain Capital.  Every record represents a real person. Each data point is a potential game-changer in someone’s life: a connection to be understood and acted upon. Ciox rapidly and securely facilitates access to clinical records on behalf of its healthcare provider customers, enabling
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Largest Physician-Led Radiology Practice Radiology Partners Lands $700M

by Jasmine Pennic 07/24/2019 Leave a Comment

Largest Physician-Led Radiology Practice Radiology Partners Lands $700M

Radiology Partners, (RP), the largest physician-led and physician-owned radiology practice in the U.S. with 1400 radiologists supporting more than 1000 hospitals across 21 states, today announced that Starr Investment Holdings (SIH) has invested approximately $700M of long-duration capital in the practice to support its continued growth, including future practice and hospital system partnerships, as well as investments in clinically-focused technology and innovation. RP physicians are also
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Tenet to Spin Off RCM Provider Conifer Health as Separate, Public Company

by Fred Pennic 07/24/2019 Leave a Comment

Tenet to Spin Off RCM Provider Conifer Health as Separate, Public Company

Tenet Healthcare Corporation has announced its intention to pursue a tax-free spin-off of its revenue cycle management business unit Conifer Health as a separate, independent publicly-traded company. The company expects to complete the spin-off by the end of the second quarter of 2021. This announcement is the culmination of the Conifer strategic review process announced in December 2017.Spin-Off ProcessThe separation process will include a thorough review of the necessary executive leadership
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John Muir Health to Outsource All Non-Clinical Operations to Optum

by Fred Pennic 07/18/2019 Leave a Comment

John Muir Health to Outsource All Non-Clinical Operations to Optum

John Muir Health has announced a strategic partnership with UnitedHealth Group’s (UHG) division, Optum to outsource their key non-clinical functions, including information technology, revenue cycle management, analytics, purchasing and claims processing. Through Optum’s operational technologies, analytic solutions and tools, and administrative services expertise, the partnership will ensure John Muir Health further advance its clinical and operational performance. The outsourcing agreement will
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TriHealth Goes Live on Kyruus’ Patient-Provider Matching Solution Across Network

by Fred Pennic 07/11/2019 Leave a Comment

TriHealth Goes Live on Kyruus’ Patient-Provider Matching Solution Across Network

TriHealth, a Cincinnati-based, not-for-profit health system, has implemented Kyruus’ patient access platform to boost online patient acquisition and engagement. Now working with Kyruus, TriHealth is empowering patients to seamlessly search for providers by a wide range of criteria across its network of five hospitals and over 100 sites of care. Formed as a partnership between Good Samaritan Hospital and Bethesda Hospital, TriHealth includes five hospitals and over 100 other sites of
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Waystar Acquires AI Firm Digitize.AI to Tackle Prior Authorizations

by Fred Pennic 07/10/2019 Leave a Comment

Waystar Acquires AI Firm Digitize.AI to Tackle Prior Authorizations

Bain-Capital-backed revenue cycle management company Waystar is acquiring Digitize.AI, an artificial intelligence firm, to enable faster and smarter prior authorizations in healthcare – one of the largest pain points for both providers and consumers.Financial Impact of Prior AuthorizationsPrior authorizations, the process by which insurance companies and payers determine if they will cover a prescribed procedure or medication, are meant to help patients avoid surprise bills and unexpected
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Patientco Joins Epic App Orchard Marketplace to Power Seamless Payment Experience

by Jasmine Pennic 07/08/2019 Leave a Comment

Patientco Lands $28M to Reimagine the Patient Financial Experience

Patientco, a next-generation patient payment tech company has joined the Epic App Orchard Marketplace with two payments solutions:1. Patientco Patient Payments is a solution that supports self-service payments via MyChart.2. Patientco Encrypted Device Integration, which allows staff to collect payments without leaving the Epic workflow. Epic App Orchard IntegrationPatientco Patient Payments is directly embedded in Epic’s MyChart, enabling patients to pay their healthcare bills how they prefer,
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