David Chou

FEBRUARY 21, 2024

This outage affects all customers relying on Change Healthcare as the revenue cycle intermediary for processing patient eligibility and claims. As the outage continues, we anticipate it will impact a hospital's finances if billing delays occur due to the interruption.

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Healthcare IT Today

JANUARY 9, 2023

RSi, LLC , a leading national provider of revenue cycle services for the hospital and large physician practice market, has announced its acquisition of Invicta Health Solutions, LLC (Invicta). RSi is a leading provider of revenue cycle services to the hospital and large physician practice market. ” About RSi.

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RCM Leadership healthcare technology Healthcare IT 58

Healthcare IT Today

MARCH 19, 2024

In addition to MSP solutions, DAS Health will extend its cybersecurity, cloud hosting services, integrations, revenue cycle management, and other services to the senior living communities, ensuring a robust and secure infrastructure across their entire organization.

RCM 79

RCM Medical Billing Healthcare IT Health IT 79

Health Populi

OCTOBER 22, 2021

What’s included in that admin spend includes: “Industry-agnostic” corporate functions such as general administration, human resources, nonclinical IT, sales and marketing and finance; Financial transactions, such as claims processing, revenue cycle management, and prior authorization (about $200 bn annually); and, Customer and patient (..)

Patient Experience 436

Patient Experience Interoperability Nursing Connected Health 436

Health Populi

SEPTEMBER 13, 2022

to reveal trends on health care providers’ ability to collect patient service revenue. So, patients-as-payers and health consumers told AKASA, which is in the business of revenue cycle management, that quality and choice were worth a premium or enhanced charge on their medical bill.

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Nursing Medical Billing Patient Experience 170

Healthcare IT Today

JULY 20, 2022

To deliver the right chatbot experience — one that reduces customer call center volumes by providing the right information on first pass—a revenue cycle chatbot should be able to answer questions such as: “How much will I owe after insurance?”. Has insurance already paid its portion of the bill?”. What do these charges include?

Medical Billing 98

Medical Billing RCM Patient Experience Healthcare IT 98

Healthcare IT Today

OCTOBER 11, 2022

Two topics were top of mind for attendees at MGMA’s 2022 Medical Practice Excellence: Leaders Conference (#MPE22) – workforce challenges and revenue pressure. The consensus at #MPE22 was that there were no short-term solutions and that revenue both revenue and workforce challenges would continue deep into 2023. No Silver Bullet.

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Nursing Telehealth Healthcare IT RCM 101

Healthcare IT Today

SEPTEMBER 16, 2022

The borrower is a leading provider of technology-driven revenue cycle management (RCM) solutions for the healthcare industry. billion, to purchase Cloudmed , an industry-leading revenue intelligence platform, and to refinance that company’s existing debt. R1 RCM used the facility, which increased its borrowing capacity from $1.2

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RCM Patient Experience Pharmaceuticals healthcare technology 58

Digital Health Wire

MAY 10, 2023

Bessemer Venture Partners recently put out a top-tier blog post outlining how to scale a health tech business to $100M in annual recurring revenue (ARR) and the benchmarks to look out for along the way. Healthcare SaaS – Cloud-based software alongside data and analytics with highly recurring revenue.

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Digital Health 52

Hinduja Global Solutions

FEBRUARY 8, 2021

Provider finance leaders are struggling to address the financial impact of post-pay audits, denials, and processing appeals, while revenue cycle departments are inundated with backlogs of denials on previously paid claims, distracting them from standard claim resolution processes. Track it all with the right tools. page.inman.

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RCM Leadership Health Information 52

Healthcare IT Today

DECEMBER 24, 2023

News and Studies Median hospital margins rose to 2% in November , according to the latest data from Syntellis, and per-physician revenue growth is outpacing per-physician expenses. Sales Minnesota-based North Memorial Health selected the Oracle Fusion Cloud Applications Suite for finance, HR, and supply chain management.

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RCM eCare Healthcare IT Mental health 89

Digital Health Global

JULY 25, 2023

million health IT users are invited to participate in Black Book’s annual survey of clinical, administrative, IT and finance leaders. Sunrise includes acute, ambulatory and revenue cycle capabilities that help healthcare organizations achieve clinical, operational and financial success and drive next-level healthcare.

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EHR Digital Health Health IT Healthcare IT 68

Healthcare IT Today

AUGUST 15, 2023

Amanda Devlin, VP of Enterprise at Future Family – Third-party financing to help people move forward with healthcare. Hal Walsh, Vice President Channel Partnerships at Streamline Health – Quality within the middle of the revenue cycle.

Patient Experience 75

Patient Experience Healthcare IT Health Information Leadership 75

BHM Healthcare Solutions

FEBRUARY 12, 2019

Editor’s Note: Margin Defense and Revenue Cycle Performance leech dollars from improving the patient/member experience. CLICK HERE to learn more about how BHM helps your organization curb costs while growing revenue. Respondents see clinical documentation and coding as a key area where revenue is most at risk.

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Health Information 40

Healthcare IT Today

NOVEMBER 11, 2022

Financing allows Fathom to continue to advance the standard in automated medical coding in response to critical challenges facing providers. With inflation and severe staffing shortages driving up costs at a time when revenues are declining, automation has become a critical lever in ensuring the financial sustainability of our health system.

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RCM Health IT Healthcare IT 52

Healthcare IT Today

JUNE 14, 2019

Nym, a leading autonomous medical coding technology provider, announced today that it has secured a $6 million seed round of financing, led by Bessemer Venture Partners. “Nym’s autonomous medical coding technology offers auditable and consistently […].

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Medical Billing Health IT Healthcare IT 43

Healthcare IT Today

JUNE 30, 2022

Linden Capital Partners (“Linden”), a Chicago -based private equity firm focused exclusively on the healthcare industry, today announced that it has signed a definitive agreement to make a majority investment in Aspirion (the “Company”), a leader in technology-enabled healthcare revenue cycle management (“RCM”).

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RCM Pharmaceuticals Healthcare IT Health IT 52

Healthcare IT Today

JANUARY 15, 2024

At a time when operating margins for hospitals remain anemic, every revenue dollar takes on increased importance, but submitting medical claims internationally can be a tedious and time-consuming process. The United States is listed as the top medical travel destination , earning 36 cents for every dollar spent.

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RCM Interoperability Healthcare IT Leadership 67

Health Populi

SEPTEMBER 5, 2018

Experian is best known as the consumer credit reporting agency; Experian Health works with healthcare providers on revenue cycle management, patient identity, and care management, so the company has experience with patient finance and medical expense sticker shock.

Patient Experience 159

Patient Experience Medical Billing Health Policy 159

Digital Health Global

FEBRUARY 16, 2023

It is worth noting that, NC Birth Control, developed by Natural Cycles, was the first application to receive approval from US FDA in 2018 and is CE marked in Europe. This application can be used as a method of contraception and to track menstrual cycles, regularly. This has enabled the overall FemTech business to flourish.

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Digital Health Healthcare Innovation Telemedicine 88

Healthcare IT Today

JULY 2, 2023

A Waystar and HFMA survey found that 80% of healthcare finance leaders see a need for denials management process improvement. Medical device risk management platform Asimily is integrating with HANDLE Global ‘s Capital Cycle Management product. Boston-based Hebrew SeniorLife implemented MEDITECH Expanse.

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Telemedicine RCM HIE Healthcare IT 71

Healthcare IT Today

JULY 11, 2023

The tech startup today announces the completion of its seed financing, with the latest round co-led by Seattle-based Madrona Venture Group and SpringRock Ventures. Also participating in Outbound AI’s seed financing are Epic Ventures, Ascend, Pack Ventures, Locke Capital, Tacoma Venture Fund, and KCRise Fund.

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Health IT Healthcare IT 40

Lloyd Price

DECEMBER 19, 2023

Previously instructed to prioritise growth, they now find themselves shifting focus to emphasising on Annual Recurring Revenue (ARR), EBITDA, and overall profitability. Original Source:: [link] Forecasting HealthTech Investment Trends in 2024 This year has posed significant challenges for founders, chief executives, and management teams.

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Digital Health Leadership 64

Healthcare IT News - Telehealth

AUGUST 9, 2022

As a centralized service, it was possible to engage with a broad consortium of departments such as legal, finance, marketing, compliance and physician affairs to develop models, learn about the nuances of implementing telehealth as an embedded service and engage with clinical leadership on the opportunities. Secured and protected.

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Telehealth EHR Patient Experience Leadership 174

BHM Healthcare Solutions

APRIL 23, 2019

Editor’s Note: For payers, stable health insurance markets means stronger long-term growth because enrollment swings hamper revenue projections. Consistency in all phases of revenue cycle management, market penetration, and strategic planning means stable service delivery and insurance premiums.

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Medicare 40

Healthcare IT Today

JANUARY 10, 2024

Technology can significantly alleviate some of these issues throughout the rev cycle by automating repetitive tasks, enhancing efficiency, and augmenting human capabilities. I predict organizations will continue to incorporate global resources to assist with heavily strained areas such as revenue cycle management.

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Health IT Nursing Interoperability RCM 112

Healthcare IT Today

SEPTEMBER 1, 2022

Million Growth Financing by Elsewhere Partners and Names Seasoned Healthcare Technology Executive Robbie Abt as CEO. million Series A round of growth financing led by Elsewhere Partners. million Series A round of growth financing led by Elsewhere Partners. Closes $16.7 Abt earned a B.S.

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healthcare technology Health IT Healthcare IT 52

Healthcare IT Today

APRIL 23, 2023

Believe it or not, that figure placed healthcare fifth among all industries, behind education, finance, insurance, and government. VisiQuate is partnering with SunStone Consulting to offer advanced revenue cycle analytics. Pennsylvania Mountains Healthcare Alliance adopted FinThrive ’s revenue management platform.

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Interoperability RCM Healthcare Cybersecurity Healthcare IT 81

Health Populi

AUGUST 23, 2021

Patient experience and engagement were a trending topic at the recent HIMSS 2021 conference, a growing portion of panels and presentations focusing on patient billing, revenue cycle management, and health consumers’ financial literacy. Two-thirds of U.S.

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Patient Experience Medical Billing Health Information Telehealth 212

HIStalk Interviews

JUNE 19, 2018

Over the last couple of years, the level of executive presence on the rev cycle side has increased. You have VPs of revenue cycle and chief revenue officers that you never had in the past. Some are turning towards financing. The introduction of revenue cycle analytics has been positive.

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Healthcare IT News - Telehealth

MARCH 18, 2022

Companies such as One Medical and Oak Street Health were trading at near software company multiples – approximately 15-times their revenue – when in reality these are service businesses with a technology interface that should be trading at three to five times their revenues.

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Telehealth Mental health Digital Health Telemedicine 199

Healthcare IT Today

JANUARY 18, 2024

Fewer consumers are willing to pay out of pocket, and there’s less venture money in the cycle to subsidize the cost of interventions. With health systems already adopting the use of AI in the clinical space, we have a glide path for using it in revenue cycle management as well. Their role will depend on it.

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Health IT Primary Care Digital Health Mental health 73

Healthcare IT Today

JULY 10, 2022

At the HFMA conference, revenue cycle management vendor R1 shared data from a survey of more than 200 healthcare CFOs and finance VPs. More than 90% of respondents said providing routine healthcare post-COVID is putting a strain on their departments, with 90% of RCM departments experiencing a labor shortage.

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RCM EHR EMR Healthcare IT 83

Healthcare IT Today

SEPTEMBER 17, 2022

billion in financing from Capital One, revenue cycle management firm R1 RCM acquired Cloudmed and refinanced the company’s debt. Read more… Featured Health IT Job: IT Support Analyst for the Windsor, Ontario-based TransForm Shared Service Organization, posted on Healthcare IT Central.

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RCM Healthcare IT Health Data Medical Billing 66

Healthcare IT Today

SEPTEMBER 2, 2023

Today’s revenue cycle is increasingly as much about patient engagement as it is about finances , according to Laxmi Patel at Savista. They also talked about what to do with onsite PACS now that cloud storage is so readily available. Read more… Finding Balance in Patient-Centric RCM.

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RCM Healthcare IT Life Science Telehealth 88

Healthcare IT Today

JULY 1, 2022

It brings together a great community of healthcare financial professionals with a lot of healthcare CFOs and revenue cycle management pros. What I like most about this is that interoperability is actually impacting a healthcare organization’s finances in a good way. This week was the HFMA Annual conference in Denver.

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Interoperability Health IT RCM Healthcare IT 82

Healthcare IT News - Telehealth

JULY 19, 2021

"Azalea's EHR is not only integrated with telehealth but also their revenue cycle management software, which makes it easier to bill more and resolve claims faster." " The analytics and reporting give staff full visibility into finances and revenue. RESULTS.

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EHR Telehealth HIPAA Mental health 156