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Nearly all (95%) of healthcare executives are interested in end-to-end managed services to solve RCM challenges, according to a survey from Ensemble Health Partners. Western New York HIE HEALTHeLINK earned the Validated Data Stream designation in the NCQA Data Aggregator Validation program.
A study from CWH Advisors and Synchrony found that 63% of providers have RCM staffing shortages , and 61% expect to work with third parties for help. Awards Western New York HIE HealtheLINK was named one of the Phase 2 winners of Building Bridges to Better Health , a primary care challenge sponsored by HRSA.
A report from Western New York HIE HEALTHeLINK and the Milbank Memorial Fund found that enrollment in a CMS Comprehensive Primary Care Plus (CPC+) model at a institution that was a member of the HIE led to a 24% decrease in hospital admission rates, a 21% drop in outpatient surgeries, and a nearly 33% reduction in hospital length of stay.
Read more… Bonus Features for September 15, 2024: 63% of HIE entities plan to participate in TEFCA; meanwhile, 19% of customer interactions with healthcare orgs get disrupted. RCM vendor EnableComp acquired ANI Healthcare Solutions , provider of denial management software. million funding round.
SYNERGEN Health and HST Pathways are partnering to bring RCM software and services to ambulatory surgery centers. RCM and population health management vendor UnisLink launched its Clinician Wallet powered by Axuall , a workforce management vendor.
Colin Hung spoke to Patrice Wolfe and Thomas Thatapudi at AGS Health about how process automation such as claims retrieval can ease the burden on RCM staff , bringing in more revenue with less manual work. Read more… Unpacking the IT Needs of HIEs. Read more… Modernizing Medicine to Pay $45 Million to Settle Whistleblower Suit.
About 75% of hospitals are members of regional HIE organizations, and 35% participate in regional and national HIEs. EHR, RCM, and practice management software vendor Greenway Health named Mark Goodwin as Senior Vice President of Revenue Services. Staffing platform SnapNurse named Jeff Grant as Chief Executive Officer.
HIE collaborative Civitas Networks for Health received a $1 million grant from the Robert Wood Johnson Foundation to implement and disseminate the Gravity Project’s SDOH standards. Partnerships. Care coordination company Quantum Health named John Hallock as chief communications officer.
People EHR and RCM vendor ModMed appointed Joe Harpaz as Co-CEO. News HHS designated two more QHINs : CommonWell Health Alliance and Kno2. This brings the total number of approved QHINs to seven. Saudi Arabia-based nonprofit Hevolution Foundation announced 49 awards totaling $115 million under its Geroscience Research Opportunities program.
Zane Networks was named the technology partner for CRISP , the state-designated HIE for Maryland and the Washington, D.C. RCM provider AGS Health launched the AGS AI Platform for workflow and coding automation and compliance auditing.
Another 60% of hospitals are receiving SDoH data from outside sources, primarily from HIE entities. EHR and RCM vendor ModMed appointed Denise Ceule as Chief Legal Officer. Nearly half (46%) of providers already have or plan to deploy large language models in their call centers , according to a survey from Hyro.
Usually those are part of a system of trying to identify CPT codes or ICD codes in order to get paid through a billing RCM model. I’m going through an HIE implementation right now with a local HIE here in Georgia. You have dichotomies of political and revenue cycle. That’s just one component.
Read more… Moving the Industry Forward With an RCM Adoption Model. Healthcare has many models, but until recently RCM has been missing. Jeff Becker and John Yount at FinThrive described their roadmap for RCM implementation and realizing value as an organization.
Product and Company News RCM vendor Savista is expanding to the ambulatory surgery center market , beyond its core of hospitals, health systems, and physician practices. Sales A group of 21 Ontario hospitals launched an HIE powered by Oracle Health.
NorthShore University HealthSystem affiliate Northwest Community Healthcare chose Conifer for physician RCM. HIE entity Contexture extended its relationship with Verato , an identity management vendor. North Carolina-based Raleigh Radiology implemented Pocket Health for patient-facing image sharing and insights.
News and Research HHS and the Office of Inspector General released the final rule implementing information blocking penalties , with fines of up to $1 million per violation for vendors and HIE entities. Black Book Research released its latest RCM vendor rankings , with Axiom and Waystar earning top rankings in multiple software categories.
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