ZirMed, a provider of cloud-based revenue cycle software and predictive analytics, unveiled an updated version of its coverage detection solution.
Here are three things to know.
1. The solution aims to help providers decrease bad debt by identifying whether self-pay patients have hidden insurance coverage, according to a news release.
2. ZirMed said the solution uses the company's repository of data to identify patients with active coverage. The repository contains billions of healthcare transactions, including historical data on health insurance coverage for one in eight U.S. patients.
3. "ZirMed is committed to understanding not only our customers' challenges but also the larger industry trends that will impact their revenue in 2017 and beyond. As always, our goal is to help providers get reimbursed for the care that they're delivering," Ric Sinclair, ZirMed's vice president of product, said in the release.