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Unsurprisingly, telehealth stood out, with nearly half of respondents saying they'd shifted to virtual care as an innovation priority. "Within just over a week, we went from no telehealth to 2,000 telehealth visits per day. They said they were looking for ways to increase the efficiency of RCM processes and workflows.
RCM company CorroHealth finalized its acquisition of Xtend , Navient’s healthcare RCM business. AI and telehealth vendor Fabric acquired TeamHealth VirtualCare , which is licensed in all 50 states. Medication tracking software maker Bluesight acquired Sectyr , a compliance and audit management platform.
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. Read more… Balancing AI and Humans in RCM to Produce Clear ROI. Digital Health’s Role in Enhancing Population Health.
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. Medication management vendor Scriptology acquired RxLive , a telehealth clinical pharmacy services company.
Company launches the first-of-its-kind comprehensive nationwide payer coverage network, offering clients everything they need from first visit to final payment OpenLoop , a leader in white-label telehealth support services powering virtual and hybrid care across the country, today announced it has raised a $15M Series A funding.
"These numbers are not surprising, as RCM is still relatively new," said Kristin Stitt, chief clinical officer at Vector, in a statement. That said, RCM technology is still maturing. The report also flagged a potential mismatch between the administrative burden of RCM on staff and the awareness of said burden on physicians.
Although telehealth did help, it also introduced new billing and claims processing complexities. Having good revenue cycle management (RCM) processes will be key as healthcare recovers from the pandemic. COVID-19 has put an enormous financial strain on physician practices. I sat down […].
Iris Telehealth acquired innovaTel , a division of Quartet Health and telepsychiatry provider. Knack RCM acquired HealthyBOS , an RCM vendor with expertise in the durable medical equipment sector. Commure acquired Memora Health , a digital care navigation platform.
Lone Star Family Health Center selected athenaOne for EHR, RCM, and patient engagement. Johns Hopkins Medicine selected Caregility for its virtual care platform and inpatient telehealth devices. Sales Mercy is launching Aidocs aiOS platform to support diagnostic imaging review.
A global survey from UserTesting found only 30% of patients are regular users of telehealth. Interestingly, older patients were more likely to say they planned to increase their telehealth use. Prior authorization technology vendor careviso announced a strategic alliance with XiFin , an RCM vendor.
Now that COVID-19 has triggered an explosion of telehealth, more clinics are recognizing virtual patient care as an essential aspect of the integrated care model. According to a recent Global Industry report, the telehealth market expanded from $45 billion […].
We’ve all heard of Experian. We know them from our daily lives as a credit reporting agency. But what you might not know is the significant impact Experian has in the healthcare space via their Experian Health division.
A Trilliant Health report, 2024 Trends Shaping the Health Economy , indicated behavioral health represents more than 72% of telehealth volume, while cardiology is the specialty with the greatest use of clinical AI. Clinically integrated network Southern New England Healthcare chose athenaOne for EHR, RCM, and patient engagement.
Another not so sexy, but important part of every EHR is the RCM and billing functionality. healow is eClinicalWorks patient engagement platform for messages, telehealth, payments, and more. Talking with users, they were really interested in being able to upload the billing documents. We should streamline this for providers.
Read more… Improving RCM With AI. RCM automation vendor Candid Health raised $52.5 Inpatient virtual nursing and telehealth vendor Vitalchat secured $6 million in Series A funding. Read more… Funding and M&A Activity: Generative AI platform Abridge announced a $250 million Series D investment.
Clinician-to-clinician telehealth platform Avel eCare is making its Crisis Care services free to law enforcement officers. Data from Brightside Health showed all patient subgroups saw a decline in symptoms of anxiety and depression following enrollment in the company’s Crisis Care telehealth program.
News and Studies Follow-up rates for telehealth and in-office visits have remained consistent since 2020 , according to analysis from Epic Research. That said, telehealth visits are more likely to result in follow-ups at the 7-, 30- and 9-day mark, especially in OB/GYN, podiatry, and internal medicine.
Aaron Timm at Vivalink explained how telehealth and remote monitoring combined with government support, value-based models, and care coordination are working together to make acute-level care more accessible at home. RCM vendor EnableComp acquired ANI Healthcare Solutions , provider of denial management software.
Many startups that ballooned during the 2020-2022 digital health boom fuelled by cheap capital and telehealth hype, are now struggling. Companies with unproven revenue models or heavy burn rates, like some digital therapeutics or niche telehealth firms, are prime candidates for distress-driven M&A. Why the uptick?
Research from athenahealth about telehealth usage throughout the pandemic found that nearly 1 in 4 patients (24%) used telehealth specifically to avoid an in-person visit. In addition, nearly 1 in 3 patients used telehealth to manage a chronic condition, with 23% scheduling appointments and another 9% opting for ad hoc check-ins.
CharmHealth’s technology helped Telemynd expand its telehealth services, allowing the practice to scale up its operations and serve thousands of patients across the U.S. “We We were figuring it [telehealth] out together,” said Murray. “We All charting, notes and RCM activities happen in CharmHealth’s EHR.
COPE also needed a way to bill for services that weren’t provided via telehealth. ” Through AXiOM, all of COPE’s technologies, including telehealth and revenue cycle management (RCM), can communicate with each other. The reason for this is HiMS’ prioritization of interoperability.”
News The 2024 Medicare Physician Fee Schedule continues many telehealth flexibilities first adopted during the public health emergency, such as an expanded scope of originating sites an expanded definition of qualified practitioners. Sales Ohio-based Fisher-Titus chose RevSpring for RCM and payment processing. 31, 2024.
MedStar Health received a $2 million grant to continue research into how telehealth access impacts health equity. The granted-funded, follow-up research will explore ways to connect patients with chronic conditions and other vulnerable populations to telehealth services.
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. Illinois-based Midwest Orthopaedic Center went with eClinicalWorks for its patient engagement, cloud-based EHR, and RCM products.
The partnership leverages Bridge’s hundreds of health plan contracts, representing 200M+ covered lives and over 70% of commercially covered lives, allowing SteadyMD’s enterprise telehealth customers to address a vast patient population via seamlessly integrated insurance billing and reimbursement capabilities.
Advice included looking at state-level data privacy laws, taking information blocking and price transparency rules seriously, and exploring new ways to use telehealth. Read more… How Telehealth Meets Members of the LGBTQIA+ Community Where They Are. Read more… Finding Balance in Patient-Centric RCM.
Read more… Ensuring Continued Utilization of Telehealth for Outpatient Mental Health. Dr. Michael Levinson at Berger Singerman detailed the importance of efforts to expand interstate licensure given the established popularity of telehealth for providing mental health amid the end of the public health emergency.
The quickly evolving COVID-19 public health emergency has warranted the growing use of telehealth and non-invasive remote monitoring devices to facilitate patient monitoring while reducing patient and healthcare provider contact and possible exposure to the virus. It also provides medication adherence tools. iRhythm Technologies.
New Hampshire-based Dartmouth Health is continuing its partnership with Conifer Health Solutions for RCM services. Upstate New York’s University of Rochester Medical Center chose Higi and DexCare as the technology partners for its initiative to install telehealth stations in local bank branches.
Other recent deal announcements include Stryker's plans to buy Vocera Communications for $3 billion and R1 RCM's move to snap up Cloudmed. The acquisition marks yet another notable healthcare deal this season, following the announcements of Oracle's plans to buy Cerner for a whopping $28.3 ON THE RECORD.
Demand for care at home is rising, but traditional telehealth and remote monitoring doesn’t support examination and diagnosis in the patient’s home. Two-thirds of health systems use AI for at least some RCM tasks. We hope this gives you a chance to catch up on anything you may have missed during the week.
Stephanie Maharjan at WellReceived outlined the industry’s lessons in engagement from the pandemic: Telehealth and IoT are here to stay, customer experience matters, and more technology means heightened security risks. Read more… The Evolution of Patient Communication.
Responses from the Healthcare IT Today community included telehealth, messaging (for patients and physicians), and access to care in non-traditional settings. John and Colin Hung discussed the most anticipated topics for the upcoming event – namely, where AI and automation are actually impacting RCM.
The integration of remote care management (RCM) into healthcare delivery is becoming increasingly vital, particularly for patients with chronic conditions or ongoing health issues. RCM utilizes technology to provide healthcare services remotely, outside of traditional in-person visits.
Telehealth and other asynchronous technologies have made it much easier for patients to access care and get support when they need it. This transformation was accelerated by the sudden adoption of telehealth technologies during the COVID-19 pandemic. Take what is happening in the behavioral health space, for example.
Not surprising RCM is also a popular use case for AI, with 78% of health systems currently using it or evaluating its use. Remote monitoring firm Health Recovery Solutions and CommonWealth Purchasing Group are collaborating to bring telehealth to nearly 1,000 community health centers and FQHCs.
Earlier this month, the RCM vendor reported a data breach that may have impacted patients at five Texas-based providers. Read more… OIG Highlights the VA’s Challenges in Boosting Telehealth Use. We hope this gives you a chance to catch up on anything you may have missed during the week.
Mobile care management company MedArrive is partnering with Ouma Health , a maternity telehealth service, to expand access to care to expectant mothers covered by Medicaid. In addition, New Mexico-based primary clinic Satori Healing is implemting eCW EHR and RCM products.
Read more… Telehealth Visits Can Improve Clinical Revenue – to a Point. Andy Oram talked to several experts about the future of telehealth. They discussed why M&A interest is picking up now – and why a lot of potential buyers have been sitting on the sidelines for a while.
Funding and M&A Activity: RCM vendor Janus received a strategic growth investment from Enhanced Healthcare Partners. White-label telehealth service OpenLoop raised $15 million in Series A funding. Read more… Featured Health IT Job: PACS Administrator at Salinas, California-based Natividad posted to Healthcare IT Central.
Formed in 2001 as the eHealth Initiative, EHI has advocated for federal reimbursement for e-prescribing, EHR use, and telehealth, all while convening competitors to foster industry-wide collaboration. ERH, RCM, and practice management vendor ModMed appointed Venkatesh Jayaraman as Chief Technology Officer. as Chief Medical Officer.
Arizona-based veterans’ living facility Waymark Gardens chose Iveda telehealth and fall detection technology. Azalea Health completed SOC 2 Type 2 Certification for its cloud-based EHR and RCM platform. Certifications Data management firm Harmony Healthcare IT received HITRUST Risk-based, 2-year (r2) Certification.
Read more… Using Telehealth to Serve Disparate Populations. Using telehealth for specialty care, remote monitoring, and interpreter services is helping close care gaps and treat patients who are often overlooked. Funding and M&A Activity: RCM company CodaMetrix closed $55 million in Series A funding.
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