Today, R1 RCM announced an expanded partnership with Intermountain Healthcare to be the exclusive RCM provider across all Intermountain patient care sites, including inpatient and preventative care settings. The expanded relationship enables the transformation of Intermountain’s revenue cycle process for RCM performance improvement, cost savings and other positive impacts to efficiencies, but more importantly to the patient experience. Intermountain will rely on R1 to provide and manage the full
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Revenue Cycle| Healthcare Finance | Policy, News, Analysis, Insights - HIT Consultant
Navicure Merges With ZirMed to Accelerate Innovation in Revenue Cycle Management
Healthcare revenue cycle companies Navicure announced today that it has combined with ZirMed, effectively uniting two top-performing revenue cycle management solutions for the healthcare industry. The combined company will serve more than 400,000 providers and healthcare organizations and will be ideally positioned to further accelerate innovation in the industry by leveraging cloud-based solutions to help empower providers across all care settings to efficiently collect for the quality care and
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MedConcepts Integrates with Revenue Cycle Startup MedPilot to Improve Patient Financial Experience
MedConcepts, a patient services company, and revenue cycle startup MedPilot have completed an integration partnership to provide superior patient solutions to healthcare providers, RCM companies, and Practice Management Systems. The integration partnership will help expand MedConcepts' robust service offerings, while MedPilot is able to gain nationwide traction.The partnership began when MedConcepts and MedPilot took on a joint client with CarePoint Health. MedConcepts' patient services use
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Career Step Acquires Panacea Healthcare Solution’s Revenue Cycle Management Divisions
Career Step, LLC, a portfolio company of Revelstoke Capital Partners, a Denver-based private equity firm has acquired the Revenue Capture and Coding and Documentation Divisions of Panacea Healthcare Solutions. After completion of the acquisition, Career Step and Panacea will now provide end-to-end education, consulting and data analytics solution to the revenue cycle and healthcare financial marketplaces. Financial details of the acquisition were not disclosed.For Career Step, the acquisition
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Revenue Cycle Management Vendor Recondo Lands $16M to Fuel Solutions Growth
Recondo Technology, a Greenwood Village, CO-based provider of cloud-based revenue cycle management solutions has raised $16 million in debt and capital funding led by Lehmi Ventures with Bridge Capital serving as the debt partner. The company plans to utilize the funding to support product development investments, particularly in areas of API-enabled revenue cycle content, expanded claims statusing, and authorization automation—all solutions designed to measurably improve financial
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3M 360 Encompass System Expands with Professional Fee Coding
3M Health Information Systems is expanding its 3M 360 Encompass System platform to introduce encounter-based professional fee coding solution. The new solution brings the power of 3M’s computer-assisted coding, physician query capability and reporting to coding and billing for physician services, helping professional coders improve productivity, boost compliance and decrease claim denials.The University of New Mexico Hospitals (UNMH), a five-hospital system and New Mexico’s only academic medical
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Olathe Health System to Integrate Cerner Revenue Cycle With EHR
Olathe Health System, one of the largest providers in the Midwest announced it will integrate its existing enterprise-wide EHR with Cerner Revenue Cycle. The relationship expansion will deliver advanced integration between Cerner’s clinical and financial solutions enables streamlined coordination of care across inpatient and outpatient facilities, as well as independent physician practices. It also is designed to enhance the patient billing experience by enabling data to flow through the system
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MTBC Acquires Revenue Cycle Management Company MediGain
MTBC, a provider of proprietary, web-based EHRs, practice management and mHealth solutions has acquired the assets of MediGain, a Plano, TX-based revenue cycle management company. The acquisition of MediGain assets includes customer accounts, intellectual property, and offshore operations in India and Sri Lanka.Founded in 2002, MediGain provides revenue cycle management solutions and analytics for the healthcare industry in the United States and internationally. The company offers services in
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The State of Healthcare Data Analytics & Reporting: 9 Things to Know
Majority of healthcare organizations do not have have a data analytics solution in place to improve their revenue cycle, yet are currently looking to implement a solution, according to a recent survey conducted by Navicure. Conducted in May and June 2016, Navicure® commissioned Porter Research to conduct a national survey with over 600 healthcare leaders to gauge their current data analytics and reporting processes, challenges and technologies. Here are nine key findings from the
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Fixing Healthcare’s Broken Pre-Authorization Screening & Verification Model
Editor's Note: David Dyke is the Vice President of Product Management & Business Development at RelayHealth where he is responsible for delivering innovation and value to the healthcare providers across revenue cycle management. Among the processes that influence the healthcare revenue cycle, pre-authorization stands out—but not in a good way. It lacks the foundation of a widely-adopted electronic data exchange, resulting in repeated manual, ad hoc methods of securing and confirming payer
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