What you need to know:

– TREND Well being Companions, a fast-growing supplier of AI-driven options, has acquired Introduction Well being Companions, an AI-driven platform that identifies and standardizes medical traits from itemized payments and medical data, accelerating the presentation of important info and offering well timed and acceptable reimbursement is assured.

– This strategic mixture brings collectively two business powerhouses, making a complete platform for payers and suppliers seeking to optimize income and streamline operations.

Synergy by way of experience and know-how

Based in 2010, Introduction options CAVO®, a proprietary AI-powered platform that makes a speciality of reviewing medical data for income cycle and cost integrity processes. This experience suits completely with TREND's present TRENDConnect platform, enabling seamless integration of medical and non-clinical knowledge and analyses. This holistic method guarantees even better worth for purchasers, addressing a broader vary of challenges in areas akin to denial administration, utilization administration and DRG assessments.

Improved worth for payers and suppliers

The mixed entity will serve greater than 50 well being plans and practically 1,000 hospitals, offering important advantages on either side of the healthcare business:

– Payers: Improved reimbursement accuracy, lowered administrative prices, and improved transparency in provider billing practices.

– Suppliers: Streamlined declare submission and processing, sooner turnaround occasions, and a clearer understanding of payer expectations.

AI-powered cost accuracy

The merger between TREND and Introduction represents a major step ahead within the evolution of healthcare cost accuracy. By leveraging AI and collaborative approaches, this mixed entity is poised to remodel the business and ship fairer reimbursement, smoother operations and finally higher take care of sufferers.

“Hardly ever do you come throughout two corporations with such complementary capabilities and aligned visions as what we discovered at TREND and Introduction. CAVO® will assist us develop our present platform, TRENDConnect, to unravel a fair broader set of challenges for our payer and repair supplier clients. We’re very excited to welcome the Introduction staff to our group,” stated Sarah Armstrong, CEO of TREND.