PNC is one of seven healthcare-related organizations committing $50 million of initial funding to Avaneer Health. PNC recognizes the opportunity Avaneer Health provides to reimagine the business of healthcare by solving data-flow inefficiencies, helping to save healthcare tens of billions of dollars annually.
Enabling every party associated with a patient’s care timely access to accurate data can significantly reduce care delays, medical errors, duplicate testing and so much more —including cost of care. For the revenue cycle, this can mean that payers, providers and collaborators, such as PNC, will have real-time data to significantly decrease fraudulent claims, claim rejections and delayed reimbursements.
Read how PNC is also actively collaborating in the design and development of business applications that will help Avaneer Health advance the seamless, secure exchange of information and payments between organizations participating in Avaneer Health’s blockchain network.