Here are eight recent updates on revenue cycle management companies.
1. Vericred, a healthcare data services company based in New York City, unveiled a provider network notification service.
2. Darien, Conn.-based Remedy Partners, a provider of value-based care services, witnessed a 6.1 percent reduction in hospital readmissions in the past 12 months as part of its bundled payment platform.
3. Washington, D.C.-based Health Care Cost Institute selected Niall Brennan as its president and executive director.
4. Vizient, a healthcare performance improvement company in Irving, Texas, tapped Atlanta-based iMedX, a health information and medical documentation solutions company, for medical transcription services under an agreement between the two entities.
5. Minneapolis-based Ability Network's revenue cycle management app, ABILITY | EASE All-Payer, will integrate with Bloomington, Minn.-based PointClickCare's EHR platform.
6. Windsor, Conn.-based Meridian Medical Management, a provider of revenue cycle management and healthcare analytics, rolled out its robotic process automation suite to improve labor productivity and increase collections.
7. Westborough, Mass.-based Virtusa Corp., a global provider of business consulting and IT outsourcing, launched its provider lifecycle management solution to address challenges associated with provider management.
8. Data-Core Systems of Philadelphia, a technology, consulting and business process services provider, and GE Healthcare partnered to allow Data-Core to build its revenue cycle services around GE Healthcare's Centricity Business, a healthcare revenue cycle management platform supporting traditional fee-for-service and accountable care reimbursement models.