Madison, Wis.-based My Coverage Plan has secured a research grant from the National Institutes of Health to continue its work studying healthcare disparities in the U.S.
My Coverage Plan develops technology solutions to reduce healthcare disparities and disrupt conventional financial models. NIH's Institute on Minority Health and Health Disparities awarded the company a small business innovation research grant worth up to $1.6 million administered during a five-year period. The grant will fund healthcare education strategies.
"Our healthcare revenue cycle technology and solutions provide a win for patients and providers and promotes Madison as a leading developer of precision patient advocacy technology," said My Coverage Plan President and founder Bobby Peterson.
More articles on revenue cycle management issues:
Succeeding with bundle payments: A three step strategy to start the transition from volume to value
IASIS Healthcare records $15.3M operating loss: 5 things to know
Reimbursements and the payer–provider relationship