Press Releases

NeuroEM Therapeutics® Receives 2024 Tampa Bay Inno Award for Healthtech

Posted in Press Releases on Friday, November 15, 2024.

TAMPA, Fla. – November 15, 2024 – NeuroEM Therapeutics® was honored last night as one of 30 companies recognized by the Tampa Bay Inno Awards for sparking change in the Tampa Bay community. The clinical-stage biotechnology research company, which is focused on delivering radio wave-based technologies to treat Alzheimer’s and other neurodegenerative diseases without drugs, was honored in the Healthtech category.

Through its awards programTampa Bay Inno aims to showcase the startups and entrepreneurs elevating the Tampa Bay region as a leading innovation hub, celebrating those who are working above and beyond to set the ecosystem ablaze.

MDaudit’s 2024 Benchmark Report Reveals a Fivefold Increase in Dollars At-Risk from Payer Audits while Coding-Related Denials Surged by Over 125%

Posted in Press Releases on Friday, November 15, 2024.

Amid skyrocketing audit and denial rates, slower reimbursements, and lower dollars paid per claim, continuous risk monitoring will be crucial to financial stability in 2025.

Wellesley, MA — November 14, 2024 — External audit volume more than doubled in 2024 over 2023—including higher rates of pre-payment audits—and total at-risk dollars increased fivefold to $11.2 million per MDaudit customer, impacting healthcare provider organizations’ cash flow and exposing them to higher potential denial rates. Additionally, improvements in revenues and operating margins throughout 2024 were tempered by higher denial rates, including an increase in coding-related denials of more than 125% and in medical necessity-related denials of 75% for outpatient claims and 140% for inpatient claims. These trends highlight the pressing need to overhaul revenue cycle management (RCM) strategies in the coming year.

Harris Data Integrity Solutions Promotes Rachel Podczervinski to Senior Vice President

Posted in Press Releases on Friday, October 25, 2024.

Podczervinski now oversees daily operations and the strategic direction of Harris Data Integrity Solutions, which will be exhibiting in Booth #802 at the AHIMA 2024 Conference.

Niagara Falls, N.Y. – October 24, 2024 – Harris Data Integrity Solutions, the leading provider of best-in-class patient data integrity services and software, announced today the promotion of Rachel Podczervinski, MS, RHIA, to Senior Vice President. In her new role, Podczervinski oversees Harris Data Integrity Solutions’ mission to ensure accurate patient identity management through innovative services and software solutions.

MDaudit Honored as a Finalist in the Fierce Healthcare Innovation Awards

Posted in Press Releases on Thursday, October 24, 2024.

The company’s best-in-class continuous risk monitoring platform for revenue cycle management (RCM) is among the finalists in the Data Analytics/Business Intelligence category.

Wellesley, MA — October 22, 2024 — MDaudit, an award-winning cloud-based continuous risk monitoring platform for RCM that enables the nation’s premier healthcare organizations to minimize billing risks and maximize revenues, announced today that its MDaudit billing compliance and revenue integrity platform is a finalist in the 2024 Fierce Healthcare Innovation Awards.

AGS Health’s Fax Automation Solution Honored by UiPath with Prestigious AI25 Award

Posted in Press Releases on Thursday, October 24, 2024.

WASHINGTON, D.C. – October 23, 2024 – AGS Health, a leading provider of tech-enabled revenue cycle management (RCM) solutions and a strategic growth partner to healthcare providers across the U.S., has received a UiPath AI25 Award for the company’s innovative use of automation and AI to support greater accuracy and efficiency in the intake and management of faxed documents.

Despite efforts to eliminate faxing, use of this cumbersome, inefficient, and costly technology by healthcare organizations remains prolific. Over 9 billion fax pages are exchanged annually at a cost of $125 billion, significantly straining already limited resources.

AGS Health Achieves Fourth Consecutive Recognition as a Leader in RCM Operations by Everest Group

Posted in Press Releases on Wednesday, October 09, 2024.

AGS Health was recognized as a Leader in the Everest Group Revenue Cycle Management (RCM) Operations PEAK Matrix® Assessment for its vision, capability, and impact on the healthcare market.

WASHINGTON, D.C. – October 8, 2024 – AGS Health, a leading provider of tech-enabled revenue cycle management (RCM) solutions and a strategic growth partner to healthcare providers across the U.S., has been named a Leader in Revenue Cycle Management (RCM) Operations by Everest Group for the fourth consecutive year.

 

The RCM Operations PEAK Matrix® Assessment evaluated 29 healthcare RCM providers’ market impact and ability to successfully deliver services based on subdimensions that include market adoption, portfolio mix, value delivered, and strategic vision and capability. Results were then used to classify them into one of three categories: Leaders, Major Contenders, and Aspirants. More information on the Everest Group RCM Operations PEAK Matrix® Assessment can be found here.

AGS Health Earns Great Place To Work Certification™

Posted in Press Releases on Thursday, September 12, 2024.

WASHINGTON, D.C. – September xx, 2024 – AGS Health, a leading provider of tech-enabled revenue cycle management (RCM) solutions and a strategic growth partner to healthcare providers across the U.S., announced today it has been Certified™ by Great Place To Work® in the U.S. Rankings in the annual program are determined based on surveys of current employees, 85% of whom ranked AGS Health, which was also Certified in India and the Philippines, as a “great place to work.”

Great Place To Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation. When surveyed as part of the certification process, AGS Health’s U.S.-based employees ranked it 28 percentage points higher than the average U.S. company (57%).

MDaudit’s SmartScan.ai and Insights.ai Revenue Integrity Tools Earn Top Honors in Golden Bridge Awards for Healthcare AI and Technology Innovation

Posted in Press Releases on Wednesday, June 26, 2024.

The company’s best-in-class continuous risk monitoring platform for revenue cycle management (RCM) also earned a spot on The SaaS Awards “Best SaaS Product for Healthcare” shortlist.

Wellesley, MA — June 26, 2024 — MDaudit, an award-winning cloud-based continuous risk monitoring platform for RCM that enables the nation’s premier healthcare organizations to minimize billing risks and maximize revenues, announced today that its Insights.ai and SmartScan.ai solutions received two 2024 Golden Bridge Awards for artificial intelligence (AI) and health IT innovation. The MDaudit billing compliance and revenue integrity platform was also shortlisted in the 2024 SaaS Awards program.

The generative AI-powered revenue integrity tools received a Gold Globee® in the AI in Healthcare Innovation category and a Silver Globee in the Healthcare Technology Solution category of the 2024 Golden Bridge Awards.

Oral Cancer Cause Joins with the V Foundation for Cancer Research

Posted in Press Releases on Thursday, April 04, 2024.

LARGO, Fla. – (April 4, 2024) – Oral Cancer Cause (OCC), a non-profit organization focused on improving the lives of oral cancer patients and their families, announced today that it will be joining forces with top-rated cancer charity, the V Foundation for Cancer Research, to support lifesaving research. By directing funds through the V Foundation, OCC will shift its focus to supporting carefully vetted, cutting-edge oral cancer research at prominent cancer centers nationwide.

MDaudit Billing Compliance and Revenue Integrity Platform Enhancements Deliver More Powerful Reporting, Enhanced Automated Workflows

Posted in Press Releases on Friday, March 22, 2024.

Wellesley, MA — March 22, 2024 — MDaudit, an award-winning provider of technologies and analytic tools that enable the nation’s premier healthcare organizations to minimize billing risks and maximize revenues, has released a series of automation and reporting enhancements to its billing compliance and revenue integrity platform workflows. Made based on insights and feedback from MDaudit customers – including more than 70 of the nation’s top 100 health systems with $1 billion in net patient revenue – the enhancements are designed to eliminate noise and streamline results around system reports and workflows.

Harris Data Integrity Solutions Launches Rapid MPI Cleanup Tool for Fast, Accurate Eradication of Duplicate Patient Records

Posted in Press Releases on Tuesday, March 05, 2024.

Intelligent MPI Triage Solution is a fast, affordable, and secure way to alleviate duplicate record backlogs, easing the burden on HIM resources and protecting patient data integrity

Niagara Falls, N.Y. – March 5, 2024 – Harris Data Integrity Solutions, the leading provider of best-in-class patient data integrity services and software, has responded to growing demand for faster and more affordable duplicate record cleanup with the launch of its latest innovation, Intelligent MPI Triage Solution. Leveraging the efficiency of AI-driven logic paired with 20 years of data integrity expertise, Intelligent MPI Triage delivers precise and swift duplicate resolution to lower duplicate rates by easing backlogs created by higher patient volumes and fewer health information management (HIM) resources.

“A perfect storm of razor-thin operating margins, double-digit labor cost increases, and widening staffing gaps have HIM leaders scrambling to find ways to maintain the integrity of their patient data. Our clients reached out for help, and we responded with Intelligent MPI Triage Solution,” says Lora Hefton, Executive Vice President of Harris Data Integrity Solutions. “With it, Harris Data Integrity Solutions can partner with HIM teams and leverage our unique AI-powered ‘assess, treat, and refer’ process to quickly reduce potential duplicate queues, protecting patient records for a fraction of the cost.”

AGS Health Taps Conrad Coopersmith to Lead Coding Automation

Posted in Press Releases on Wednesday, February 21, 2024.

WASHINGTON, D.C. – February 21, 2024 – AGS Health, a leading provider of tech-enabled revenue cycle management (RCM) solutions and a strategic growth partner to healthcare providers across the U.S., announced today the appointment of Conrad Coopersmith to General Manager-Coding Automation. In this role, Coopersmith will focus on the creation and delivery of highly strategic automation solutions and services to meet AGS Health customers’ evolving coding needs.

“Conrad’s proven ability to optimize team performance and achieve organizational goals and objectives make him a valuable addition to the AGS Health leadership team,” said Patrice Wolfe, CEO of AGS Health. “Coding automation is a priority for healthcare organizations that are fighting to regain their post-COVID financial footing amid chronic staffing shortages, heighted scrutiny, and evolving coding and billing regulations. We look forward to the impact Conrad will have on AGS Health’s ability to meet our customers’ technology needs while exceeding their service expectations.”

MDaudit Releases Service Provider Workflow to Support Line Service Provider Audits, Enhanced Provider Education

Posted in Press Releases on Friday, November 17, 2023.

Wellesley, MA — November 17, 2023 MDaudit, an award-winning provider of technologies and analytic tools that enable the nation’s premier healthcare organizations to minimize billing risks and maximize revenues, announced today the release of Service Provider Workflow. This latest enhancement to its industry-leading billing compliance and revenue integrity platform supports billing when rendering providers differ from service providers, reducing audit risks related to the billing of split/shared services.

With PlexxusAI, FutureRx® Debuts a Groundbreaking Generative AI-Enabled Approach to Help Health Plans Improve Star Ratings, MTM Program Outcomes and Medication Adherence

Posted in Press Releases on Monday, October 23, 2023.

TAMPA, Fla. – October 23, 2023 – FutureRx® (FRx) today announced the launch of PlexxusAI, a ground-breaking Generative AI-enabled system that helps elevate medication adherence and ensure comprehensive pharmacy care management – addressing critical compliance pain points that are driving down Star ratings among Medicare Advantage Part D (MAPD) and Medicare Prescription Drug Plans. (PDP) PlexxusAI does this by leveraging the power of Generative AI, speech recognition, and mobile technology along with the scalability of the gig economy and on-demand access to thousands of credentialed providers to close gaps and lower costs without additional resource demands and often without the need for human intervention.

FutureRx® Part D Stars Selected by Imperial Health Plans

Posted in Press Releases on Monday, October 16, 2023.

TAMPA, Fla. – October 17, 2023 – FutureRx® (FRx) announced today that its innovative FRx cloud-based healthcare platform for health plans and pharmacy benefits managers (PBMs) will be implemented by Imperial Health Plan of California, Inc. to enhance medication adherence among its Medicare Advantage population. The health plan will leverage the platform’s Part D Stars module to automate business processes, enhance medication adherence, and improve Part D Star ratings.