DeliverHealth Acquires PresidioHealth In An Attempt To Speed Up Reimbursement
DeliverHealth, a global provider of software and technology-enabled services for hospitals, health systems and group practices, today announced it has acquired San Francisco-based PresidioHealth, a healthcare technology and clinical intelligence company.
The acquisition adds capabilities to DeliverHealth’s platform-as-a-service, to improve coding quality, coding production and physician documentation, accelerating the reimbursement cycle for physician groups, free-standing ERs, and urgent care centers.
Through this acquisition, DeliverHealth continues to expand its portfolio of software solutions and services by integrating PresidioHealth’s scalable technologies into DeliverHealth’s coding and revenue integrity solution set, now available to its 800-plus healthcare clients across 2,200 facilities.
“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 the interactions between providers and patients. That includes timely, accurate, complete and efficient codification of the encounter with improved documentation, relieving physician workflow complexities. Our DeliverHealth Platform drives out costs, increases revenue and improves the quality of care while reducing physician burden.”
The DeliverHealth Platform is designed to continually reduce complexity for providers, clinicians and patients. Clinical documentation, coding improvement capabilities, and revenue integrity workflow solutions live within the platform, enabling providers to choose — by specialty or care setting — their best desired means to document via the EHR, whether speech-to-text, dictating or scribing.
The platform also has the ability to normalize and categorize documentation, whereby a centralized coding engine audits, analyzes and then provides appropriate workflows, escalating only key exceptions to the human in the loop. The result is reduced costs, increased productivity, and appropriate, compliant revenue capture, thus eliminating rework and inefficiencies, and unifying point solutions — truly simplifying everyday complexities.