🌟 Celebrating Clinical Expertise in Payment Integrity As health plans navigate the ever-changing landscape of value-based care, clinical teams play a critical role in ensuring accurate, compliant, and fair payment processes. Their expertise doesn’t just add value—it’s essential to the integrity of the entire system. From preventing fraud to driving more informed decisions, the work they do is indispensable. Clinical professionals ensure that advanced technology like AI is aligned with human oversight, making it smarter and more effective. Curious about how this impacts the future of healthcare? Check out our carousel to see the full picture of clinical expertise in action and visit our website for the full breakdown of all five pillars that are driving value across the industry. https://lnkd.in/gYMk4YSF Swipe to learn more, and dive into our white paper to discover the other key components of modern payment integrity. #HealthInnovation #PaymentIntegrity #ClinicalTeams #HealthcareCompliance #FutureOfHealthcare
Lyric - Clarity in motion.
IT Services and IT Consulting
King of Prussia, PA 3,972 followers
Simplifying the business of care.
About us
Welcome. Let us help bring your health plan's payment accuracy and savings into the next era of savings and cost reduction. Learn more by visiting Lyric.AI Welcome to Lyric. Building on the legacy of ClaimsXten, we bring over 30 years of expertise to deliver unmatched savings—more than $14 billion annually—to our valued clients, including 9 of the top 10 health payers nationwide. Our cutting-edge solutions streamline complex claims processes, ensuring precision and efficiency for over 185 million lives under our care. Recognized by KLAS for our partnership excellence and value, we lead with top customer satisfaction scores and an A+ recommendation rate. Apart from our market-leading pre-pay claim editing services, Lyric is at the forefront of integrating advanced technologies to drive greater savings and administrative cost savings through the payment integrity value chain. This includes strategic partnerships with leaders in the areas of genetic testing claims accuracy, coordination of benefits, and more. Whether you are a current valued customer or new to Lyric, we are investing in helping health plans simplify the business of care. Visit us at Lyric.AI
- Website
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https://lyric.ai/
External link for Lyric - Clarity in motion.
- Industry
- IT Services and IT Consulting
- Company size
- 201-500 employees
- Headquarters
- King of Prussia, PA
- Type
- Privately Held
- Founded
- 1989
- Specialties
- healthcare technology, claims editing, primary editing, secondary editing, solution hosting, consulting, data analytics, payment integrity, payment accuracy, health plans, health tech, coordination of benefits, healthcare, payment accuracy, and claim editing
Locations
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Primary
475 Allendale Road
King of Prussia, PA 19406, US
Employees at Lyric - Clarity in motion.
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David Sockel
Seasoned healthcare executive passionate about growing and delivering innovative solutions that achieve real results
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Chris John
Business Executive, Transformational Leader and Emotional Intelligence Coach
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Zareh "Hook" Hookassian - CCSP
Cyber Security Leader | Cloud Architect | Information Security Strategist
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Ronika Jandial-Gilbert
VP Human Resources | Global HR Leader | Public, Private, PE | Head HR
Updates
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🌐 "Bold leadership, innovative technology, and unwavering commitment to equity are key to meaningful change." – Rajeev Ronanki, CEO, Lyric In Fierce Healthcare's recent #HLTH2024 recap, discussions centering AI advancements, policy reform, women’s health, and the focus on collaboration and innovation were top of mind. Our CEO Raj Ronanki shares his takeaways on the most pressing topics from this year's conference. Discover Raj’s full perspective alongside other key takeaways that reveal what’s shaping the future of healthcare. Read the article: https://bit.ly/40hHitB #HLTH2024 #HealthcareInnovation #Leadership #Equity #DigitalHealth #LyricTech #FierceHealthcare
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📢 HLTH USA 2024 Just Wrapped, and the Takeaways are Game-Changing Our CEO, Rajeev Ronanki, returned from the HLTH 2024 conference with some powerful insights on what’s next in healthcare innovation. His latest article dives into the highlights, from cutting-edge tech advancements to real-world impacts that are already reshaping the industry. Here's a sneak peek at three major takeaways: - $5B Commitment to Community Health: Kaiser Permanente’s strategic commitment to Risant Health promises to lift local health organizations and create sustainable healthcare improvements, with early results showing notable margin improvements. - AI’s Role in Future-Ready Healthcare: NVIDIA’s Kimberly Powell shared groundbreaking AI developments that promise to bridge the gap between clinical data and real-time decision-making, aiming for faster, more effective healthcare solutions. - Investing in Women’s Health Innovation: First Lady Jill Biden announced $110M in ARPA-H funding for women’s health R&D, fueling transformative projects like noninvasive diagnostics for endometriosis and neurological assessment tech. Each session at HLTH made it clear: the future of healthcare is bold, collaborative, and tech-driven—exactly where Lyric thrives. Don’t miss the full article for more on how these innovations are changing healthcare. https://bit.ly/4eUmgpl #HLTH2024 #HealthInnovation #FutureOfHealth #HealthcareTransformation
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🎉 Our Coordination of Benefits (COB) Webinar was a hit! If you missed it, don’t worry—you can now watch it on demand! In this insightful session, our expert panel explored: - How market dynamics are reshaping the COB landscape - Strategies for unlocking more savings while keeping your current vendors - The future of prepay COB and post-pay layering strategies …and much more! Catch one of many highlights in this short clip, and then head to our website to watch the full webinar! Don’t miss out on the latest thinking in payment accuracy and COB innovation. Visit our website: https://lnkd.in/eE7jxPMX #HealthcareInnovation #COB #PaymentIntegrity #Webinar #HealthTech
Our Coordination of Benefits Webinar now available on-demand!
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🎉 Live webinar less than 24 hours away! Tune in and learn from our panel of Coordination of Benefits (COB) experts as they discuss our latest COB solution in "COB Reimagined: Faster identification, greater savings, and the emerging shift to prepay." Participants will walk away with valuable insights into: 💡How market dynamics are reshaping the COB landscape 💡What's the hidden cost of an aging workforce for commercial plans? 💡Lyric’s new COB offering: More savings opportunities while plans KEEP their current vendors 💡A refreshing look into the future impact of prepay COB 💡Fresh thinking on post-pay pass layering strategies 💡The "secret sauce" helping to improve COB with less abrasion to members 🚀And much more! In this brief snippet, Stacey Stabenow, President of Strout, shares her thoughts on who is the true winner when a well-running COB solution is in action. [Only 24 hours away] 🗓️ Date: Wednesday, October 23 🕒 Time: 12 Noon EST ✅ Learn more and register—Right Here: https://bit.ly/3U2ASdX Don't miss this opportunity to enhance your payment integrity strategies and drive significant savings for your health plan. #HealthPlan #CoorindationOfBennefits #PaymentIntegrity #HealthTech
Live webinar less than 24 hours away!
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As healthcare costs rise, projected to hit $7.7 trillion by 2032, health plans face increasing pressure to innovate. A next-generation, AI-driven platform offers more than cost savings—it’s the key to transforming payment integrity, optimizing operations, and improving patient outcomes. Read the full article on our website here: https://bit.ly/4eSXZ2M AI-based platforms create bi-directional integration between claims systems, care teams, and providers. This allows for better clinical insights, seamless care management, and enhanced operational efficiency. By streamlining processes like prior authorization, claims processing, and risk adjustment, these platforms help health plans reduce costs and improve member experiences. Beyond efficiency, AI platforms enable a proactive care model, identifying health risks before they escalate and fostering stronger payer-provider relationships. This shift not only improves care quality but also reduces administrative burdens and drives affordability for patients. Adopting AI-driven platforms is more than a technological upgrade—it's a necessary transformation for the future of healthcare. #Healthcare #AI #AIHealthcare #Innovation
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🚨 Exciting news from Lyric! 🚨 Our very own Senior Medical Director, Bernard Steinbacher CPC, M.S., M.D., was recently quoted in a U.S. News & World Report article discussing Medicare's coverage of durable medical equipment. 💡 Here are a few key insights: ➡️ Understanding the equipment Medicare covers, from wheelchairs to nebulizers ➡️ What you need to know about prior authorizations and copayments ➡️ Tips for finding Medicare-approved suppliers Dr. Steinbacher sheds light on important considerations for navigating this often complex process. Curious to learn more? Check out the full article here! https://bit.ly/3NtBCVJ #MedicareCoverage #HealthcareInnovation #LyricTech #PatientCare
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At Lyric, we pride ourselves on being a payment integrity solution you can trust. Our ambition is to provide best-in-class technologies sitting at the intersection of healthcare and fintech, providing simplified consumer and patient solutions to health plans and providers in the wake of value-based care. How? ▶️ Our team has more than 30 years of expertise as a leader in payment accuracy solutions. ▶️ We aim to ensure our customers’ ongoing success by enhancing our ClaimsXten (CXT) product offerings and providing exceptional value. ▶️ We use our expertise to build technology-based solutions while strategically offering partner editing capabilities through our pre-built integrations for faster speed to value. ▶️ And most of all, we exist to serve our customers; and we work hard to earn their trust and keep it. Ready to see how our innovative solutions can transform your payment accuracy process? Explore our full suite of offerings and discover how we can help your organization thrive in a value-based care environment. https://bit.ly/3zYJwDe
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Lyric - Clarity in motion. reposted this
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
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🚀 Dive into Forbes Articles on AI & Healthcare Innovation 🚀 Rajeev Ronanki, CEO of Lyric, has been leading the charge in transforming healthcare through the power of AI. From simplifying complex systems to championing responsible AI practices, his insights offer a fresh perspective on the future of health. Curious about the latest trends in AI, healthcare, and tech leadership? Explore Raj’s collection of thought-provoking Forbes articles. Whether you're an industry leader or just passionate about innovation, there's something valuable here for everyone. 🔗 Check out his full list of articles: https://lnkd.in/erJribVP 🙌 Don’t forget to share with your network to spread the knowledge! #AI #HealthTech #Innovation #Healthcare #Leadership #ArtificialIntelligence
Rajeev Ronanki - Forbes Books