What You Should Know:
- Knowtion Health, formerly RSource Healthcare announced today it has acquired Amplus Group, a healthcare revenue cycle A/R resolution and technology service. Financial terms of the deal were not disclosed.
- For the past five years Amplus has utilized the latest in machine learning and automation to support accounts receivable (A/R) for health system revenue cycles.
- The acquisition will accelerate Knowtion's plan to expand low balance recovery technologies
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Revenue Cycle| Healthcare Finance | Policy, News, Analysis, Insights - HIT Consultant
Bridge The Health Literacy Gap for Your Patients With These Top Tips
According to the National Assessment of Adult Health Literacy, only 12% of adults in the U.S. have proficient health literacy skills.
Healthcare is a unique industry because it is wide-ranging yet highly personalized. Health literacy is important for patients, physicians and their communities. Each of these groups comes together to improve health systems and patient care, which is why mutual understanding and clear communication is vital to patient outcomes. Below, we discuss recommendations
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AGS Health Launches AI-Powered Revenue Cycle Platform
What You Should Know:
- AGS Health, a revenue cycle management (RCM) solutions provider and strategic growth partner to some of the largest healthcare systems in the U.S., announces the launch of the AGS AI Platform, a connected solution that blends artificial intelligence (AI) and automation with award-winning human-in-the-loop services and expert support to maximize revenue cycle performance.
- The platform allows healthcare organizations to gain enhanced visibility into day-to-day
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Kaufman Hall Acquires Claro Healthcare
What You Should Know:
- Kaufman, Hall & Associates, LLC (Kaufman Hall) has entered into a definitive agreement to acquire healthcare management consulting firm Claro Healthcare.
- Claro Healthcare is the leading clinical documentation, hospital operations, and mid-revenue cycle improvement platform, blending technology, professional services, and domain expertise to deliver significant return on investment to providers across financial, quality, and compliance metrics.
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XpertDox Secures $1.5M to Automate Medical Coding Process
What You Should Know:
- Today, XpertDox, LLC., a Birmingham, AL-based revenue cycle company specializing in autonomous medical coding powered by artificial intelligence raises $1.5M from TN3, LLC, an Arizona based Private Equity Capital firm.
- XpertDox's XpertCoding solution harnesses the power of artificial intelligence in order to autonomously code medical claims faster, more accurately, and cheaper than traditional manual processes. XpertDox is utilizing the funding to
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7 Health IT Industry Outlook Report Trends to Watch in 2022
What You Should Know:
- As COVID-19 accelerated demand for more advanced digital health and patient engagement technologies, hospital and health system IT departments shouldered these expectations – rolling out new capabilities in record time, while still balancing daily operational support responsibilities. Now, IT staff burnout has escalated into major career jumps, with many hospital IT departments struggling to fill talent gaps from high turnover.
- Utilizing flexible staffing
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Castlight + Vera Appoints New CEO; Rebrands as Apree Health
What You Should Know:
- Vera Whole Health, Inc. and Castlight Health, Inc. appoints former Cerner President Donald Trigg as chief executive officer (CEO)
- In addition, the companies have rebranded as apree health that will be combine Castlight’s healthcare navigation platform with Vera’s advanced primary care solutions to improve patient outcomes and transform the healthcare industry.
Donald Trigg Background
Donald Trigg most recently served as president of
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Capital One Leads $2.3B Financing for R1 RCM
What You Should Know:
- Capital One Commercial Bank just announced it served as a joint lead arranger for an amended and restated credit facility for R1 RCM, a leading provider of technology-driven revenue cycle management (RCM) solutions for the healthcare industry.
- This $2.3 billion financing will help RI RCM tackle the industry’s labor and reimbursement challenges and help healthcare provider organizations reduce costs, increase revenue, and improve the patient
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KLAS: Post–Acute Care EMR Product Suites 2022 Trends to Watch
What You Should Know:
- A new report from KLAS examines what solutions are offered, how they are being adopted, and how well they meet setting-specific functionality needs (particularly for home health and LTC/SNF)
- The KLAS report mainly focuses on vendors specific to post-acute care but also provides a brief look at the post-acute care solutions of enterprise acute care EMR vendors.
Trends Concerning Post-Acute Care EMR Product Suites in 2022
Most providers in post-acute care
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KLAS: 7 Key Healthcare Trends in Microsoft Cloud Technologies in 2022
What You Should Know:
- A new report from KLAS focuses on healthcare-specific deployments of Microsoft Cloud Technologies, especially Microsoft Azure, which is receiving strong market interest.
- This study is meant to help organizations considering Microsoft Cloud technologies understand their current use, the overall customer experience, and the impact of the solutions.
Key Healthcare Trends in Microsoft Cloud Technologies in 2022
While still early, healthcare is gaining momentum
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