Ensemble Health Partners (“Ensemble”), the industry leader in revenue cycle management, announced today that the United States Patent and Trademark Office has granted Ensemble two patents for its innovative automation technology.
Editor's Note: This article originally appeared on Ensemble's website.
The technology will drive efficiency, productivity and results for health care providers, resulting in additional resources for patient care. Ensemble has nine additional U.S. patents pending.
“We’re thrilled to start 2021 by introducing industry leading technology that will drive patient experience and financial performance improvement for health systems across the country,” said Judson Ivy, Founder and CEO of Ensemble. “An innovative, technology-enabled approach to revenue cycle, paired with our people and industry leading operations, is a proven model that has consistently delivered significant financial improvement for the health systems that we serve. It’s one of the factors that will differentiate thriving health systems in the future.”
The patented new technology allows for even faster processing and intelligent exchange of records between healthcare providers health information systems and Ensemble proprietary workflows. The technology also automatically identifies and tags records during the processing of data, improving automation of items in the revenue cycle workflow.
The technology is the latest innovation from the Ensemble IQ (“EIQ®”) team. Ensemble IQ is cloud-based analytics-driven revenue cycle operating platform that enables a highly efficient and intelligent workflow automation to apply our extensive domain expertise, automation and advanced acritical intelligence to drive efficiency and yield. Client success is our top priority and we dig deep to help solve the issues our provider partners are facing. EIQ® is powered by an automation engine, which combines patent pending Note Wizard Automation with the latest intelligent data exchange technology, driving up to 60% productivity improvement and 3-6% yield improvement.
“This new technology is one component of a comprehensive healthcare automation platform, developed by Ensemble, that integrates with existing technology infrastructures and drives significant revenue, cash and cost improvements at health care facilities,” said Pieter Schouten, Ensemble’s Chief Product Officer. “The EIQ® platform has grown substantially in the past four years, with even more investment planned in 2021 and going forward.”
Ensemble partners with more than 380 hospitals and 7,000 health care providers across the United States to improve financial outcomes and patient experiences. Ensemble works with its partners to create a hands-on approach to help health systems forge a healthier path forward to improve financial performance, the billing process and customer service, allowing providers to focus on improving outcomes and reinvesting into patient care and the patient experience.
To learn more about Ensemble, visit www.EnsembleHP.com.
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