Three top players have made recent announcements about their expanded work.
Revenue cycle tech companies are adding to their rosters, expanding partnerships, and increasing their reach at a fast clip.
Three top players made recent announcements about their expanded work. Here's a rundown:
Healthcare technology company OODA Health has added a provider advisory board to help guide its expansion, it reports. The company, which enables real-time claims payments, hopes that its new board can help with "go-to-market plans" for OODA's expansion.
Advisory board members include:
- Dr. Stephen K. Klasko, (advisory board chairperson) president of Thomas Jefferson University and CEO of Jefferson Health
- Howard Gold, executive vice president and chief managed care officer, Northwell Health
- Steven P. Johnson, President and CEO, Health First
- Mike West, CEO, Rothman Orthopaedics
- Michael McMillan, head of managed care, Ascension Health
- Dr. Timothy Groover, President of Physician Alignment, Baptist Health of Northeast Florida
- Todd Hofheins, CFO, Adventist Health
Last month, the company announced that an additional 20 Dignity Health hospitals throughout California will be part of a real-time claims payment program between Blue Shield of California, OODA Health, and CommonSpirit Health, which operates Dignity Health hospitals.
OODA Health reports that early program results indicate 96% patient satisfaction with the OODAPay billing experience, and more than 20% increase in historical collections.
The partnership centralizes all incoming provider requests for e-notifications and managing Cone's admission, discharge, and transfer (ADT) data feed to better streamline care coordination. It does so in compliance with CMS rules.
Cone Health originally partnered with PatientPing in 2017 to enable providers to receive up-to-date data for appropriate care interventions and monitor patient ADT events taking place across hospitals, skilled nursing facilities, and home health agencies.
Through the expanded partnership, Cone Health will make these e-notifications available to all community providers responsible for a patient’s care, including primary care physicians and post-acute providers.
Patient financial engagement company VisitPay has renewed partnerships with Inova Health System, Intermountain Healthcare, and St. Luke’s Health System. According to the company, VisitPay added 3% of U.S. not-for-profit hospitals to its user base in the last year.
In addition, VisitPay launched its Financial Relief Accelerator platform in response to the financial and medical stressors of the COVID-19 pandemic. It also launched the mobile payment feature Text to Pay.
Alexandra Wilson Pecci is an editor for HealthLeaders.