DeliverHealth acquires revenue cycle company PresidioHealth

DeliverHealth acquires revenue cycle company PresidioHealth

What you should know:

– DeliverHealth, a provider of technology solutions for hospitals, health systems and group practices, today announced the acquisition of PresidioHealth, a health technology and clinical intelligence company. Financial terms of the acquisition were not disclosed.

– The acquisition enables DeliverHealth to further extend its software platform, improving coding quality and accelerating the reimbursement cycle for healthcare organizations.

The combined organization will simplify the complexities of physician coding and documentation

Founded in 2003, PresidioHealth brings to DeliverHealth its innovative SaaS-based services that acquire, standardize and read medical records using next-generation technologies. The software improves coding quality and optimizes coding output, with capabilities that span multiple specialties, such as radiology, pathology, orthopedics, and hospital medicine. It also provides business intelligence dashboards for easy one-click access to real-time coding and trends, improved documentation, and billing data, giving customers visibility and transparency. tools to make actionable performance and financial decisions throughout the business cycle.

On the heels of its recently launched DeliverHealth platform, this acquisition strengthens the company’s Coding & Revenue Integrity solution. Powered by a centralized coding and auditing engine, the DeliverHealth platform is designed to continuously reduce complexity for providers, clinicians and patients. Clinical documentation, coding enhancement capabilities, and revenue integrity workflow solutions are built into the platform, allowing providers to choose – by specialty or care setting – their best ways to document via the EHR, whether it is text-to-speech, dictation or scribe.

The platform also has the ability to standardize and categorize documentation, whereby a centralized coding engine audits, analyzes, and then delivers proper workflows, reporting only key exceptions to the human in the loop. The result is reduced costs, increased productivity, and proper and compliant revenue capture, eliminating rework and inefficiencies, and unifying point solutions – truly simplifying day-to-day complexities.

As part of the acquisition, PresidioHealth Founder and President Douglas Evans, MD, MPH, will join DeliverHealth’s leadership team, alongside PresidioHealth Chief Technology Officer Tom Gregory and Vice President Carlie Richard. -President of Customer Success at PresidioHealth.

“The more we looked at PresidioHealth, the more we saw synergies and a shared commitment to putting simplicity to work,” said Michael Clark, CEO of DeliverHealth. “Everything our companies do is focused on improving the quality of interactions between providers and patients. This includes fast, accurate, complete and efficient encounter coding with improved documentation, relieving physician workflow complexities. Our DeliverHealth platform reduces costs, increases revenue, and improves quality of care while reducing physician burden. »

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