Lyric - Clarity in motion.

Attention payment accuracy and claim professionals! Are you ready to reimagine your approach to your Coordination of Benefits (COB) strategy? Join us for an essential #webinar with insights from experts at Lyric and Strout that unlocks greater savings and optimize your COB process. 🗓 Wednesday, October 23 at 12 Noon ET #Healthcare #PaymentAccuracy #ClaimsManagement #CoordinationOfBenefits #COB #HealthcareInnovation

🚨 Unlocking Value in Payment Integrity: A New Paradigm 🚨 Our very own Mike Spellman, Senior Director of Consulting Solutions at Lyric, recently published an insightful article on First Report Managed Care, exploring the evolution of payment integrity beyond cost-cutting and towards value creation. 💡 Key takeaways: ➡️ The shift from focusing solely on savings to driving value for payers, providers, and members ➡️How pre-claim strategies can lead to better cost control and improved patient outcomes ➡️The importance of leveraging data and analytics to enhance provider and member engagement Don't miss out on this fresh perspective for health plan leaders! 📊 👉 Read the full article to discover how this new approach can reshape the future of healthcare. https://bit.ly/3BJ2Uow #PaymentIntegrity #HealthcareInnovation #HealthPlans #ValueCreation

🔄 In case you missed it! 🔄 Our CEO, Rajeev Ronanki, and other industry experts took the virtual stage at NEJM Group "AI in Health Care – Putting Patients First" webinar, where they explored how AI is transforming healthcare with patients at the center of it all. 💡 Now, you can access several on-demand clips from the event, featuring: ✔️ Real-world insights on AI tools patients are using on their own ✔️ Guidance on how clinicians can enhance patient outcomes with AI ✔️ Strategies to leverage patient feedback and drive future innovations This is a great opportunity to catch up on key takeaways and learn how AI can shape the future of healthcare with patients in mind. Don't miss out on these valuable insights! 🎥💻 🔗 Watch the on demand clips now: https://bit.ly/4eRZIW0 #AIinHealthcare #PatientEngagement #DigitalHealth #OnDemandWebinar #LyricTech #HealthcareInnovation

In the evolving healthcare landscape, claims editing is more than just a verification step—it's a cornerstone of payment integrity. Our insights reveal how advanced claims editing systems are crucial for ensuring accurate and efficient billing processes. From sophisticated editing platforms that go beyond basic checks to the transformative role of advancing healthcare technology, claims editing is increasingly pivotal in enhancing accuracy and preventing fraud. The shift towards standardized, transparent practices are setting new benchmarks in operational efficiency and payment integrity. Explore how tailored solutions are reshaping claims editing, fostering trust, and driving strategic improvements in healthcare payments below: #ClaimsEditing #PaymentIntegrity #FutureOfHealthcare

Health plan payment integrity professionals are signing up for our webinar… Why? Because at Lyric, we’re changing how health plans approach Coordination of Benefits (COB) by tackling payment errors before they happen. Through our partnership with Strout, we’re bringing real-time insights to a process that’s often bogged down by inefficiencies. Get the scoop on how we're reimagining COB solutions. In fact, we're sharing a snippet of our upcoming webinar featuring Stacey Stabenow, the President at Strout, as well our very own Dan Gallagher, Vice President of Partnerships, and Skip Lindsey, Director of Partner Strategy and Growth. And this is just the beginning. We can't wait to bring you along on this exciting journey as we continue to innovate and simplify the business of care. 🗓️ Date: Wednesday, October 23 🕒 Time: 12 Noon EST ✅ Learn more and register—Right Here: https://bit.ly/3U2ASdX #HealthcareTech #CoordinationOfBenefits #PaymentIntegrity #HealthPlans

The COVID-19 pandemic pushed health payers to embrace technology in ways previously thought unimaginable. While historically conservative, payers turned to innovations like virtual care to meet member needs and are now increasingly investing in advanced technologies to optimize operations and improve outcomes. A recent survey from Bain & Company shows that around 75% of payers increased IT investments over the past year, with a focus on tools for care coordination, utilization management, and payment processing. These technologies are helping payers better manage costs, identify high-risk members, and streamline claims processing. However, legacy technology remains a significant barrier, with over 65% of payers citing it as a key challenge in scalability and flexibility. As the healthcare landscape continues to evolve, health payers are increasingly focused on leveraging these technologies to stay competitive and deliver more efficient, effective care to their members. #HealthPayer #DigitalTransformation #Innovation

In our rapidly advancing digital world, cybersecurity remains the crucial guardian of our most valuable assets. With the recent update to the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF 2.0), we're seeing significant strides in securing our digital environments. Released on February 26, 2024, NIST CSF 2.0 builds on its predecessor with key improvements. The introduction of "Communities" offers tailored recommendations for different sectors, while the new "Governance" function emphasizes the need for a unified organizational strategy in cybersecurity risk management. For organizations using remote desktop applications, implementing best practices is vital: ➡️ Continuous Review and Policy Compliance: Regularly identify and review remote desktop tools to ensure they comply with your cybersecurity policies. ➡️ Patching: Apply updates promptly and seek alternative remediation if patches are unavailable. ➡️ Multi-Factor Authentication (MFA): Enhance security by prioritizing MFA to mitigate unauthorized access. ➡️ Anomalous Activity Monitoring: Monitor for unusual activity to detect and respond to threats early. Adhering to these practices and embracing the advancements in NIST CSF 2.0 will help organizations build a more resilient security posture. In a landscape defined by both challenges and opportunities, staying informed and proactive is key to cybersecurity excellence. #Cybersecurity #Healthcare #SimplifyingCare #SimplifyingtheBusinessofCare

🌟 Be part of the conversation! 🌟 As AI reshapes healthcare, how can we ensure patients come first? Find out by joining our CEO, Rajeev Ronanki, and other industry experts at NEJM Group's free virtual event on October 9: "AI in Health Care – Putting Patients First." Here’s why you should attend: ➡️ Learn about the AI tools patients are already using on their own ➡️ Discover how clinicians can guide optimal AI use for better patient outcomes ➡️ Explore strategies to strengthen patient engagement and shape the future of healthcare This webinar is packed with valuable insights! Tune in and stay ahead in this evolving landscape. 🌐🩺 #AIinHealthcare #PatientEngagement #DigitalHealth #FutureOfHealth #LyricTech 🔗 https://bit.ly/3BBp38b

Top Articles of the Week: Advancements in Healthcare Payment Integrity 🚀 Stay informed with the latest developments in the healthcare industry! We've handpicked these essential articles that delve into cutting-edge innovations in payment integrity. 1️⃣ MedCity News recently shared an article that discusses how payers can lead the way in tackling rising healthcare costs. By embracing available data, cutting-edge technology, and an intelligent marketplace, payers can design solutions that optimize costs across the entire healthcare ecosystem. Read it here 🔗 https://bit.ly/4efLhuu 2️⃣ Healthcare IT News highlighted insights taken from a panel at this year's HIMSS24 APAC Conference. That panel, titled "AI Horizons: Exploring the Future of Innovations," provided an opportunity for panelists to share their views on the role of AI in healthcare systems. Their conversation touched on the following: ➡️ The realities of AI implementation ➡️ Overcoming barriers to adoption ➡️ Realizing future AI potential Expanded insights here 🔗 https://bit.ly/4eFfgvR hashtag#HealthcareTech hashtag#PaymentIntegrity hashtag#AIinHealthcare hashtag#IndustryInsights

We’re excited to announce that our very own Chief Strategy Officer, Brian Berkowitz, will be speaking on a keynote panel at the upcoming Becker's Healthcare Payer Issues Roundtable! Join Brian on Tuesday, November 5, as he and other industry leaders share their insights on the most pressing trends and growth opportunities in healthcare. Don’t miss this opportunity to hear from some of the brightest minds in the field! Looking forward to a great discussion. Keynote Panel Name ➡️ “Health Plan Growth: Emerging Trends and Expansion Opportunities” Agenda here ➡️ https://bit.ly/3Bpbpov #PayerIssuesRoundtable #BeckersHealthcare #HealthPlanGrowth