Financial/Revenue Cycle Management
With the cost data technology integrated with its Epic EHR, Houston Methodist Sugar Land has reported approximately $717,000 in attributable cost savings with an average incremental cost reduction of $105 per admission.
Virtustream Healthcare Cloud helped the North Carolina-based health system "future-proof" its IT system by moving mission-critical data to its hosting service.
Digitize.AI's Lia technology uses real-time analytics and machine learning to automatically check for new cases and securely submit them directly to payers.
The health system went from five EHRs to one, and integrated that Epic system with its revenue cycle platform and legacy data. Now, end users have an all-important single view.
The health system also has seen a massive increase in the amount it is collecting, for a total annual collections improvement of more than $20 million.
Workforce Development
As hospitals and ambulatory sites grapple with the challenges of quality improvement, value-based care, cybersecurity and more, the size and shape of the workforce is changing as technology and imperatives evolve.
The CEO says cash raised by the stock offering will help broaden the analytics and data capabilities it can offer its payer and provider customers – and drive innovations in AI, blockchain, robotics and more.
It also eliminated 10 hours of reminder phone calls and increased payment of old accounts by 15 percent, Salt Lake Retina reports.
Payment Models
The tool can help health systems optimize submissions and better predict potential issues with claims, the company says, giving recommendations to help mitigate denials before they're submitted.
Payment Models
A new study from the company explores the ways its algorithms can be put to work improving risk scoring and stratification and enhance value-based care initiatives.