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Ensemble Health Partners Extends Its Revenue Cycle Technology Lead

Tim Hartwell by Tim Hartwell
April 6, 2021
in Financial management
Reading Time: 4min read
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Ensemble Health Partners Extends Its Revenue Cycle Technology Lead
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Cincinnati, Ohio, April 06, 2021 (GLOBE NEWSWIRE) — Ensemble Well being Companions (“Ensemble”), the business chief in income cycle administration, introduced immediately that the US Patent and Trademark Workplace has granted Ensemble three further patents for its revolutionary automation know-how, bringing the full of Ensemble-approved patents to 5. The brand new know-how will drive effectivity, productiveness and outcomes for well being care suppliers, leading to further sources for affected person care. Ensemble was awarded its first two U.S. patents in February 2021 and presently has six patents pending.

“Our crew is constant to construct essentially the most superior income cycle know-how available in the market. This business main know-how will drive affected person expertise and monetary efficiency enchancment for well being methods throughout the nation,” stated Judson Ivy, Founder and CEO of Ensemble. “This new, revolutionary know-how supplies digital, built-in and seamless experiences for sufferers whereas decreasing administrative prices for well being care suppliers.”

The patented know-how permits for quicker processing and determination of payor denials utilizing automated ingestion and processing of motive codes inside workflow. The know-how additionally allows workflow optimization given the anticipated end result and useful resource constraints with a purpose to maximize efficiencies.

The know-how is the newest innovation from the Ensemble IQ (“EIQ®”) crew. Ensemble IQ is cloud-based analytics-driven income cycle working platform that permits a extremely environment friendly and clever workflow automation to use our intensive area experience, automation and superior acritical intelligence to drive effectivity and yield. Shopper success is our high precedence and we dig deep to assist remedy the problems our supplier companions are going through. EIQ® is powered by an automation engine, which mixes patent pending Notice Wizard Automation with the newest clever information trade know-how, driving as much as 60% productiveness and 3-6% yield enchancment.

“This new know-how is one more element of a complete healthcare automation platform, developed by Ensemble, that integrates with current know-how infrastructures and drives vital income, money and value enhancements at well being care services,” stated Pieter Schouten, Ensemble’s Chief Product Officer. “The EIQ® platform is constant to develop considerably, with much more funding deliberate going ahead.”

Ensemble companions with greater than 380 hospitals and seven,000 well being care suppliers throughout the US to enhance monetary outcomes and affected person experiences. Ensemble works with its companions to create a hands-on method to assist well being methods forge a more healthy path ahead to enhance monetary efficiency, the billing course of and customer support, permitting suppliers to give attention to bettering outcomes and reinvesting into affected person care and the affected person expertise.

To be taught extra about Ensemble, go to www.EnsembleHP.com.

 
About Ensemble Well being Companions
Ensemble Well being Companions is a number one innovator in income cycle administration, serving to well being care suppliers enhance monetary outcomes and affected person experiences with an unmatched depth of experience and best-in-class applied sciences. Ensemble gives full income cycle outsourcing in addition to a complete suite of well being care monetary administration level options. With shoppers spanning the U.S. and Europe, now we have been serving to to enhance well being care outcomes for thousands and thousands of sufferers whereas saving a whole bunch of thousands and thousands of {dollars} for well being care suppliers. We’re dedicated to bringing each supplier that we assist to the height of income cycle excellence. Our method forges true partnerships that dive deep into the main points to seek out options and ship outcomes that final. Acknowledged with a number of business awards and as a Becker’s Healthcare Prime Office, Ensemble is setting a brand new normal for supplier assist providers – redefining the potential in well being care by empowering individuals to be the distinction. For extra data, go to www.EnsembleHP.com.  

— to www.globenewswire.com

Tags: correct successcredit scoreCycleEnsembleEnsemble Health PartnersextendsFinanceFinancial managementHealthHealthcare TechnologyleadPartnerspatentsrevenuerevenue cycletechnology
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