RelayHealth financial reports 1.6% ICD-10 denial rate, MedAssets-Precyse launches new platform & more — 11 RCM key notes

Here are 11 news updates on key healthcare revenue cycle management companies.

1. Anthelio Healthcare Solutions is showcasing its new RCM Analytics Genie solution at HIMSS.

2. Computer-assisted coding provider Artificial Medical Intelligence launched new coding and reimbursement software.

3. Touch screen terminal provider Posiflex and Clearwave partnered on a self-service check-in system to streamline the front end of the revenue cycle process and make check-in simpler for patients.

4. CPSI introduced a new program to help providers improve revenue cycle functions and use the financial savings toward an EHR migration.

5. eSolutions acquired ClaimRemedi, a billing system and clearinghouse services provider, in a move to augment both companies' service offerings. 

6. Experian Health will unify its brand name across its entire healthcare business portfolio in an effort to improve and expand its product offerings.

7. PatientPay launched a new revenue cycle management solution to help RCM vendors transition to a paperless patient billing model.

8. MedAssets-Precyse, a supplier of end-to-end revenue cycle services, technology and education, released its SaaS-based technology platform for health information management.

9. RelayHealth Financial, the revenue cycle management arm of McKesson, reported a denial rate of 1.6 percent for claims processed between Oct. 1, 2015, and Feb. 15. 

10. In an effort to prepare providers for EHR transitions, RelayHealth Financial developed an EMR-revenue cycle education portal to help providers successfully manage revenue cycle during EMR moves.

11. VitalWare, a provider of revenue cycle SaaS solutions to healthcare organizations, received investment funding from F-Prime Capital Partners, formerly Fidelity Biosciences, a global venture capital firm investing in healthcare and technology.

If you have a question, issue or note to suggest on a revenue cycle management company, please contact Carrie Pallardy at cpallardy@beckershealthcare.com.

More articles on finance issues:
CPSI launches EHR financing model for hospitals, SNFs
California hospital to close after restructuring plan fails
University, RCM vendor partner to enhance student education 

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months