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Enhanced Healthcare Partners (EHP) , a leading private equity firm specializing in transformative, middle-market healthcare businesses, announced today a strategic growth investment in Janus , a leading provider of healthcare revenue cycle management (RCM) technology.
DigitalHealth’s Role in Enhancing Population Health. Telehealth, preventive care reminders, predictive analytics, and remote monitoring are just some of the advances driving improvements in population health, according to the Healthcare IT Today community.
Half of the investment in AI for digitalhealth in 2024 has been administrative , according to a report from Silicon Valley Bank. Nearly two-thirds (65%) of RCM leaders believe generative AI will substantially impact medical coding operations , according to an AKASA survey.
Colin interviewed John Anilraj and Ryan Christensen at AGS Health about the company’s Intelligent RCM Engine, which optimizes workflows and improves efficiency while preventing claims denials and boosting cash flows. More than 80% said they would recommend a scribe to colleagues.
His new duties will include leading revenue cycle management (RCM) operations, the sales team, and value-based care services at Modernizing Medicine. DeAngelo has worked in revenue cycle, operational, and technical departments at major healthcare companies for 20 years.
Company News HHS agency Indian Health Service selected eHealth Exchange as its QHIN. ADHD digitalhealth vendor Qbtech awarded its first QbAccess grant to Covenant Behavioral Health , which provides integrated care to military personnel, veterans, and their families. Real-time location service vendor Kontakt.io
Given this event, I thought it would be fun to extend the conversation from the conference and talk about RCM (Revenue Cycle Management) on this week’s chat. T5: Who are some of your favorite companies in the RCM space? 7/15 – Social Determinants of Health (SDoH). HITsm #HFMAAnnual. HITsm #HFMAAnnual.
Studies Market intelligence vendor Panda Health released The DigitalHealth ROI Report. Clinically integrated network Southern New England Healthcare chose athenaOne for EHR, RCM, and patient engagement. Virginia-based Mary Washington Healthcare chose Ensemble for RCM.
Many startups that ballooned during the 2020-2022 digitalhealth boom fuelled by cheap capital and telehealth hype, are now struggling. billion R1 RCM take-private, thrives on snapping up undervalued assetsdistressed HealthTech fits the bill. PE, like Altaris with Sharecare or the $8.9 Subscribe Today!
"It’s a big task," he added, "but we think it’s essential for meeting patient expectations for digitalhealth." They said they were looking for ways to increase the efficiency of RCM processes and workflows.
OpenLoop’s network of 6000+ certified clinicians spans all 50 states, offers 30+ digitalhealth specialties and speaks 15 different languages. The company’s comprehensive 50-state payer coverage clinician network paired with their unmatched RCM services are built to strategically streamline the reimbursement and payment process.
The Association of Maternal & Child Health Programs chose Relias to provide workforce training and resources for state public health leaders. Prior authorization technology vendor careviso announced a strategic alliance with XiFin , an RCM vendor.
Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM), and digitalhealth at carecloud.com.
HOUSTON & SAN FRANCISCO–(BUSINESS WIRE)–Lightning Step, a leading provider of All-In-One CRM, EMR, and RCM solutions for behavioral health and addiction treatment facilities, is enhancing its platform with vital recovery support and alumni engagement for those contending with Substance Use Disorder (SUD).
RCM will be managed by AI-powered agents every step of the way, including generating appeals letters, submitting appeals to payers, and converting paper EOBs to ERAs. In 2025, we predict that using AI-powered agents will reduce the cost of Revenue Cycle Management (RCM) by 70%, helping streamline the end-to-end billing process.
As health systems grapple with market uncertainty, how will the current macroeconomic environment impact digitalhealth and healthcare IT decision-making? From your work with stakeholders, are you seeing any concerns regarding digitalhealth point solutions? pursuing M&A?)?
Read more… The Benefits of RCM as a Service. At the recent eClinicalWorks National Conference, John spoke to Todd Mallon of Advocare about the health system’s transition from in-house revenue cycle management to RCM as a service , due in part to staffing issues. Read more… The CIO’s Role in RCM.
Healthcare IT Today heard from Michael Kearney at Altera DigitalHealth Read about how the company supports interoperability of health data across the provinces in Canada , which includes electronic prescriptions, referrals, and patient summaries. Read more… Data Integration and Patient Engagement in Canada.
One strategy for building this strength is digitizing and streamlining RCM. Read more… Featured Health IT Job: Senior Architect with Epic MyChart integration experience, a remote position posted by Llyod Staffing on Healthcare IT Central. RCM vendor Alpha II acquired RCxRules , a revenue cycle automation vendor.
HOUSTON–(BUSINESS WIRE)– Lightning Step has announced a partnership with CHESS Health , the leading provider of evidence-based digitalhealth solutions for substance use disorder (SUD), which will allow clients to seamlessly connect at intake or discharge to online tools that will help them stay in treatment and recovery.
Although 90% of health systems face turnover rates of greater than 10% for roles in RCM and patient experience, only 25% of executives are looking at AI or workflow improvements to improve efficiency , an Experian Health survey found. That’s down from 34% last year.
Read more… How DigitalHealth Attracts Software Engineers: Goals. Read more… How DigitalHealth Attracts Software Engineers: Strategies. Read more… How DigitalHealth Attracts Software Engineers: Talent Management. Andy Oram explored this topic in a three-part series.
Lindus Health launched a unified technology, site services and contract research organization services package for digital therapeutics and digitalhealth trials. Following a 2023 merger, Virgin Pulse and HealthComp unveiled a new company brand , Personify Health.
LexisNexis Risk Solutions launched a real-world data network and named five partner members: Truveta, Ovation, Solis Mammography, PointClickCare, and The Institute for Health Metrics. RCM vendor FinThrive introduced automation functionality to its insurance discovery product.
Colin heard from Dr. Mark Pratt at Altera DigitalHealth about the company’s Paragon product line and how migrating to the cloud improves security and resilience for customers with limited resources. Ai-powered RCM vendor CodaMetrix closed $40 million in Series B financing. Million in funding.
I’m not sure there’s ever been a time in health IT where more things have been happening. Money is flowing into new and old health IT companies as they build out new digitalhealth solutions and […] test
In the latest Healthcare IT Today Interviews podcast, Colin Hung chats with Jess Stover at SimiTree and Derek Shaw at Invicta Health Solutions about the role of process automation and data analysis in improving revenue cycle management (RCM) and boosting cash flow at a time when many practices need it.
Canvas provides a full-stack ambulatory EMR and digitalhealth developer platform, enabling both established and startup healthcare providers to launch new patient experiences and business models faster. For more information about Canvas Medical, visit canvasmedical.com. .
Awards and Recognitions DigitalHealth New York released its annual NY DigitalHealth 100 list of leading startups in the New York area. Operating room digitization platform Proximie was chosen for the AWS Health Equity Initiative. People EHR and RCM vendor ModMed appointed Joe Harpaz as Co-CEO.
Read more… What Trend in RCM Are You Keeping Your Eye on Right Now and Why? Members of the Healthcare IT Today Community share what trends in RCM they are looking out for and why. Bonus Features for August 20, 2023: Healthcare orgs only use 57% of their data to drive decision-making, digitalhealth is well represented on the Inc.
A survey from the Health Management Academy and Outbound AI reported that almost half (48%) of health systems are using AI technology for workforce management , and 85% expect to see a moderate to significant increase in the use of such tools in the next one to three years.
WellDoc partnered with Conifer Health Solutions to launch Conifer Connect, a a personalized digitalhealth application for chronic care. Mobile diagnostics company Sprinter Health is partnering with Story Health , a specialty care service provider, on in-home care for patients with heart disease.
John and Colin Hung discussed the most anticipated topics for the upcoming event – namely, where AI and automation are actually impacting RCM. Integrating disparate systems helps all types of clinical staff access patient records , noted Herat Joshi at Great River Health.
DAS Health Ventures, LLC (DAS Health) , a provider of healthcare IT and business solutions, proudly announces the acquisition of the North American DigitalHealth division from a leading established digital transformation provider based in Canada.
WELL Health Technologies Corp. This acquisition will also enable our EMR and billing divisions to enter new markets in the Canadian Prairies where we look forward to supporting healthcare practitioners’ access to new digitalhealth innovations.” WELL will pay approximately $5.75
The report also finds that providers are prioritizing their IT investments in certain key areas, such as: Revenue cycle management (RCM) : RCM is the process of managing the financial aspects of patient care, from billing and coding to collections and denials. Market Insights & Analysis for Founders & Investors.
In the second installment, Andy explained the many stages of RCM that can benefit from generative AI: Claims, prior authorization, appeals, resource management, and contract generation. Read more… Generative AI in Your Desk Drawer: Revenue Management. Read more… Generative AI in Your Desk Drawer: A Wealth of Additional Uses.
Sales Ohio-based Fisher-Titus chose RevSpring for RCM and payment processing. Healthcare management services company Care About selected Innovaccer for population health management. A study from Osso VR showed the effectiveness of virtual reality training for a surgical procedure known as tibial intramedullary nailing.
Read more… Featured Health IT Job : Information Technology Manager at Salinas, California-based Natividad, posted to Healthcare IT Central. Funding and M&A Activity: FOLX Health raised $30M in Series B funding to advance its efforts to provide digitalhealth to the LGBTQIA+ community.
Ben Scharfe at Altera DigitalHealth outlined why organizations must address the challenge of integrating semi-structured data from ambient listening tools into EHR, analytics, and RCM systems. Read more… Harness Ambient Listening to Revolutionize Documentation.
Anne Zieger summarized the latest story of a digitalhealth company facing heat for improperly sharing data. In this case, it was mental health provider Cerebral, which admitted that its pixel-based tracking technology used to mine use data was disclosing information to Google, TikTok, Meta, and other third parties.
The Florida Association of ACOs announced Spatially Health as its newest business partner ; the company’s technology helps identify barriers to health equity. Care personalization company Verto Health joined DigitalHealth Canada’s CHIEF Executive Forum.
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