- Commonwealth Healthcare Corporation (CHCC) will implement Medsphere’s CareVue electronic health record (EHR) and revenue cycle management (RCM) platform. - Based on Saipan, the capital of the Commonwealth of the Northern Mariana Islands, CHCC is the primary organizer of acute and ambulatory healthcare services for the islands of Rota, Saipan, and Tinian.Commonwealth Healthcare Corporation (CHCC) will implement the Medsphere’s CareVue electronic health record (EHR) and revenue cycle management
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Revenue Cycle| Healthcare Finance | Policy, News, Analysis, Insights - HIT Consultant
Research: October Health IT M&A Activity, Public Company Performance
- Healthcare Growth Partners (HGP) summary of Health IT/digital health merger & acquisition (M&A) activity, and public company performance during the month of October 2019
During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma.
The
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Payment Integrity: Is AI The Real Answer to Reducing Overutilization?
Doug Williams, Chief Operating Officer at HMS
Some experts estimate that $200 billion is wasted each year on unnecessary or excessive medical testing and treatment. This could be up to 40% of the unnecessary spending in the system today.
Despite the extreme focus to reduce the total amount spent on healthcare, why does extensive spending on unnecessary or excessive tests or procedures continue? The easy answer is because it is often difficult to spot what is unnecessary or
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DAS Health Acquires Health IT Company Automated Medical Systems
- DAS Health acquires health IT company Automated Medical Systems to strengthen its position in the U.S. health IT market. - The acquisition enhances its product offerings, including adding Henry Schein’s MicroMD® to their Electronic Health Records (EHR) portfolio.DAS Health, a Tampa, FL-based provider of health IT and management solutions announced the acquisition of Automated Medical Systems, a healthcare IT company based in Valdosta, GA, with clients in Florida, Georgia, Tennessee, Texas and
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How Intelligent Automation Can Address 3 Revenue Cycle Challenges
Joe Polaris, Senior VP of Product and Technology at R1 RCM
Artificial intelligence (AI) has received a lot of buzz and been positioned as the central healthcare technology needed to solve many financial challenges and digitally transform internal operations. However, if you’re looking for practical solutions that can address variable activities and complete work with a high level of quality, today, healthcare organizations should look to intelligent automation.
Here’s why:
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Premier Acquires Medpricer for $35M to Optimize Savings in Purchased Services
- Premier acquires Medpricer’s technology solution that enables purchased services savings across a total addressable acute care market of $160 billion. - Cloud-based platform provides purchased services management technology, including pricing benchmarks, RFP templates and other supplier data. - Acquisition enables healthcare providers to better manage third-party contracts to improve financial performance.Premier Inc., a healthcare improvement company, has acquired Medpricer, a
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eSolutions Acquires Medidal to Strengthen Its Position in Hospital Revenue Recovery
- eSolutions acquires Medidal, a provider of Transfer DRG, Payer Search, and Pharmacy Reimbursement solutions for an undisclosed sum. - As healthcare reimbursement challenges continue to increase, eSolutions adds to its revenue cycle expertise with new capabilities that ensure providers are paid accurately. eSolutions, an Overland Park, KS-based healthcare technology company working to strengthen providers’ revenue health, announced that it has acquired Medidal, a provider of Transfer DRG, Payer
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5 Steps to Creating Robust M&A Transitional Service Agreements
Shelly Disser, VP of Client Advocacy at MediQuant
“It does not do to leave a live dragon out of your calculations if you live near him.”
That sage advice from an unlikely business strategist—The Hobbit wizard, Gandalf—is germane to the need to address risks of serpent-like monsters. It also applies to the peril faced by hospitals when buyers and sellers neglect to calculate data management into the timeframe of M&A transitional service agreements (TSAs). The wrong TSA timeframe threatens
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CHG Healthcare Acquires Physician Credentialing Company Modio Health
- CHG Healthcare has acquired physician credentialing company Modio Health for an undisclosed term. - Modio and CHG are combining forces to improve credentialing for CHG employees and the thousands of providers and healthcare facilities it works with, making the process faster, safer, and more cost-effective.Healthcare staffing company CHG Healthcare has acquired Modio Health, a San Francisco, CA-based physician credentialing provider. The acquisition will improve credentialing for Change
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7 Best Practices to Improve Professional Fee Revenue Cycle for Better ED Bottom Lines
Weaver Hickerson, CEO, LightSpeed Technology Group
Most healthcare organizations partner with physician services groups for niche coverage. While outsourced medical services are available across all specialties, common areas for external physician support include anesthesia, radiology, wound care, and emergency medicine. However, when outsourced physician services are used, challenges to ensure accurate reimbursement for both components of care—the hospital portion and the physician’s
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