Navigating Healthcare Disruptions: Insights from the Longest-Running CMS Claims Partner
Our Provider team at Inovalon has been laser-focused on supporting customers through recent disruptions. We quickly realized the importance of adaptability and resilience, leading us to create over 350 new payer connections to ensure seamless claims processing. This proactive approach also involved rerouting providers' claims and swiftly implementing new customers transitioning to our claim solution.
Nick Knowlton , Vice President of Strategic Initiatives at ResMed ; Karly Rowe , Senior Vice President of Product Management at Inovalon, and John Carter , Senior Vice President of Platform Operations at Inovalon, dive into the critical nature of diversifying claims processing for organizations of all sizes.
The panel shares insights on the recent disruptions that have significantly impacted providers and their revenue cycles. Inovalon and ResMed are uniquely positioned to provide comprehensive support during such incidents.
With over 25 years serving healthcare, Inovalon leverages clinical expertise, primary source data, and robust software solutions to guide providers through every step of the revenue cycle. Our innovative tools are trusted by over 53,000 provider sites, ensuring operational efficiency and a 93% first-pass yield in claims processing.
Inovalon's extensive network provides direct connections to Medicare, Medicaid, major commercial payers, and Blue Cross Blue Shield nationwide. Our Provider Cloud handles over 1 billion transactions annually, showcasing our commitment to streamlining revenue cycle operations.
Together with ResMed, our teams have tirelessly assisted customers and onboarded new clients during ongoing disruptions. We collectively processed over 5.9 million claims in the past few weeks alone. This collaborative effort underscores our dedication to ensuring healthcare providers' financial health and success across the industry.
Learn how to transition to one-stop claims processing in hours: https://ow.ly/xCpr50RgLRy