3 things to know about ZirMed’s updated coverage detection solution

ZirMed, a provider of cloud-based revenue cycle software and predictive analytics, unveiled an updated version of its coverage detection solution.

Advertisement

Here are three things to know.

1. The solution aims to help providers decrease bad debt by identifying whether self-pay patients have hidden insurance coverage, according to a news release.

2. ZirMed said the solution uses the company’s repository of data to identify patients with active coverage. The repository contains billions of healthcare transactions, including historical data on health insurance coverage for one in eight U.S. patients.

3. “ZirMed is committed to understanding not only our customers’ challenges but also the larger industry trends that will impact their revenue in 2017 and beyond. As always, our goal is to help providers get reimbursed for the care that they’re delivering,” Ric Sinclair, ZirMed’s vice president of product, said in the release.

 

More articles on healthcare finance:
5 latest hospital, clinic closures
Hedge fund looks to take control of Adeptus Health as bankruptcy looms
$1M infusion allows California hospital to avoid closure — for now

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.