Avaneer Health doesn’t just talk about how to reduce the friction between payers and providers; we’re making it happen. We’re creating practical solutions that foster better relationships and collaboration which, ultimately, improve quality of care, patient experiences, and financial viability. The first of our solutions are in use today, and we have more coming in the months ahead.
Here’s just a sample of the benefits that Avaneer Coverage Direct™ provides:
- Enhanced security and transparency. The Avaneer Network enables payers and providers to share data directly without having to integrate with numerous APIs or to send data to clearinghouses or other third parties. Fewer gateways mean fewer opportunities for data to be compromised. Direct connections also provide better visibility into how, when, and with whom data has been shared, as well as better insight into claim and payment status.
- Faster turnaround times. Direct connectivity eliminates a significant number of steps in the claims adjudication processes. This means claims and payments can be processed more quickly, reducing delays and leading to faster reimbursement and better cash flow. Providers and payers alike benefit from significantly reduced administrative burdens.
- Improved payer-provider relationships. Greater data fluidity and transparency help improve trust between payers and providers. This, in turn, enables better communication and cooperation. It also allows payers and providers to innovate together on behalf of patients/members.
What started as a collaboration between some of our nation’s largest healthcare payers and providers has become a catalyst for a new way of doing business.
Stay tuned for more Avaneer updates!
In This Issue
- Health system’s tech vulnerabilities exposed again
- Generative AI in healthcare: Adoption trends and what’s next
- Evolving Healthcare Experiences: Andy Chu’s Perspective on Disrupting the Industry
- The Vital Role of Connectivity and Data Access for Fueling Innovation, Collaboration, and Outcomes
- eSolutions Xchange 2024 Conference
Industry Highlights
Health system’s tech vulnerabilities exposed again
AXIOS
“Concentration risk” has become a growing concern as healthcare organizations depend on a single vendor. We’ve seen proof of this with the recent Change Healthcare and CrowdStrike cyber attacks, which interrupted care, delayed payments, and cost organizations billions. This eye-opening article provides a call to action for our industry before we see more mass disruptions.
Generative AI in healthcare: Adoption trends and what’s next
McKinsey & Company
McKinsey & Company shares the results of its latest survey of health leaders about their strategies (or lack thereof) for implementing AI solutions. While the majority of respondents believe AI will bring substantial benefits to the industry, they recognize and are still assessing the risks. This article provides insight into where leaders are focusing their efforts and which areas of application hold the most benefit.
From the Avaneer Podcast
Evolving Healthcare Experiences: Andy Chu’s Perspective on Disrupting the Industry
The Spark
A leader’s vision hinges on a solution-driven mindset, emphasizing scalability, platform-building, and aligning innovations with patient and provider needs.
In this episode, Andy Chu discusses his inspiring journey, insights on disruptive innovation, collaboration between payers and providers, and the vision of creating scalable platforms for transformative healthcare experiences. He also uncovers the critical vision driving the transformative work at Providence, focusing on scalability and positive impact across patients, providers, and financials.
From the Avaneer Blog
The Vital Role of Connectivity and Data Access for Fueling Innovation, Collaboration, and Outcomes
Patient-centered care is more than a marketing catchphrase; it’s a call to action. To create positive patient experiences, we must first address the barriers that hold us back. At the top of the list is data access and connectivity. This blog explores how innovation and thinking differently about the patient experience is changing the game for some of the largest payers and providers in the nation.
Events
eSolutions Xchange 2024 Conference
August 25-28, 2024
If you are attending and would like to set up time to speak with Mary Butler-Everson, Avaneer’s Senior Vice President, you can book a meeting here.
