The goal of the council is to create a forum for leaders to address revenue cycle and reimbursement challenges, developing best practices through networking and education, according to a Dec. 19 HFMA and Xsolis news release.
Twenty-five organizations have signed on to participate in the council, including Phoenix-based Banner Health, Cleveland Clinic, Humana, Rochester, Minn.-based Mayo Clinic and Renton, Wash.-based Providence.
Xsolis brings its knowledge in fostering collaborative provider and payer relations and will contribute funding to the initiative, according to the release.
The first council meeting will take place virtually in February, the release said.
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.