Report: $262B In Healthcare Claims Initially Denied Last Year

Report: $262B in healthcare claims initially denied last year

  • June 26, 2017

A new study found an estimated 9% of claims submitted to payers last year were initially denied, Healthcare DIVE says. Writer Les Masterson, reporting on the newly issued Change Healthcare Healthy Hospital Revenue Cycle Index, says that figure represents $262 billion of the $3 trillion in charges submitted, adding that as much as 3.3% of net patient revenue, an average of $4.9 million per hospital, was “put at risk due to denials.” Read the article

Read More
Reinventing Claims Payment For A Value-Based World

Reinventing Claims Payment for a Value-Based World

  • June 8, 2017

The health care industry’s claims payment system is frustrating, inefficient, and prone to errors, according to a new Op-Ed in Morning Consult. But Amy Larsson says one way to overcome these challenges is to start automating disparate payment systems to reduce manual interventions and thus the errors they might introduce. Read the article

Read More
Change Healthcare Joins Blockchain Initiative

Change Healthcare Joins Blockchain Initiative

  • June 6, 2017

Collaborative cross-industry effort Hyperledger, created to advance blockchain technology, recently announced eight new members have joined the project to help create an open standard for distributed ledgers, for a new generation of transactional applications. Nashville Medical News reports that Change Healthcare has come aboard as a Premier Member of the project. Read the article

Read More
Lab Network Picks Change Healthcare As Revenue Cycle Partner

Lab network picks Change Healthcare as revenue cycle partner

  • June 2, 2017

Atlanta-based LabPharm Hospital Management Services has chosen Change Healthcare as its vendor for revenue cycle management services, Health Data Management reports. LabPharm’s chief legal officer says Change Healthcare was picked in part because of its national presence and strong experience in lab billing. Read the article

Read More
Change Healthcare Joins Hyperledger Project

Change Healthcare joins Hyperledger project

  • May 25, 2017

The effort championing the use of blockchain technology in healthcare IT has gained another member with the addition of Change Healthcare, according to Health Data Management. Reporter Fred Bazzoli says the healthcare IT company joined the Linux Foundation’s Hyperledger project, a consortium in which members are working toward developing open, distributed ledger technology. Read the article

Read More
CTO Joins Hyperledger Governing Board

CTO joins Hyperledger governing board

  • May 23, 2017

Change Healthcare CTO Aaron Symanski will sit on the Hyperledger governing board now that his company has joined the blockchain consortium as a Premier Member, McKnight’s reports. Hyperledger, hosted by the Linux Foundation, is a global, open-source effort to help advance blockchain distributed-database technologies across multiple industries. Read the article

Read More
Deloitte, Ernst & Young And Change Healthcare Join Blockchain Project Hyperledger

Deloitte, Ernst & Young and Change Healthcare Join Blockchain Project Hyperledger

  • May 23, 2017

The Hyperledger Project, a collaborative effort created to advance blockchain technology, announced it has added eight new members, according to Coinspeaker. Reporter Tatsiana Yablonskaya notes that among the new names is Change Healthcare, one of the largest healthcare IT companies in the USA, which came aboard as a Premier Member. Change Healthcare is the first HIT company to join Hyperledger’s ranks at that level. Read the article

Read More
McKesson Spinoff Change Healthcare Bets Big On Blockchain

McKesson spinoff Change Healthcare bets big on blockchain

  • May 22, 2017

One the largest healthcare IT companies, Change Healthcare, has joined other heavy hitters -- such as IBM and Kaiser Permanente -- in the Linux Foundation's Hyperledger blockchain initiative, reports Mike Miliard in Healthcare IT News. Miliard says Change Healthcare's membership on the Hyperledger board will help the consortium explore new avenues for digital ledger platforms in the health industry. Read the article

Read More
Blockchain Effort Hyperledger Adds Change Healthcare

Blockchain effort Hyperledger adds Change Healthcare

  • May 22, 2017

Becker’s Health IT and CIO Review reports that Hyperledger, the cross-industry consortium advancing blockchain technology, has added Change Healthcare as first healthcare IT organization to become a Premier Member. Change Healthcare's CTO will join the Hyperledger board as a result to help drive blockchain development for healthcare. Read the article

Read More