Inovalon and Homecare Homebase Announce Multi-Year Exclusive Agreement
Maintaining the highest of standards required to effectively manage data submissions and processes pertaining to delivery of clinical care, associated claims, payments and receivables from commercial payers and Medicare is extremely complex for providers. Using multiple platforms to manage the multifaceted workflow – the industry norm – is both time- and labor-intensive and can result in unnecessary staff work, patient data errors and lost revenue.
Available as a Module within the Inovalon ONE® Platform and leveraging data-driven routing and a sophisticated analytics engine, EASE® All-Payer is the industry’s first fully-integrated, cloud-based workflow engine that combines broad connectivity and advanced data intelligence to empower providers to efficiently manage the entire data and revenue cycle process of clinical encounter data, claims, and receivables accuracy from all commercial payers and Medicare on one integrated platform.
“Our mission is to help guide the most important care moments by delivering vital information into the hands of everyone who touches a person’s health journey. The integrated EASE® All-Payer platform is a natural fit,” said
Statistics show that providers using Inovalon’s EASE® All-Payer achieve a 99% or higher clean claims rate thanks to client-specific, configurable payer rules and real-time eligibility integration. The application also helps users gain operational insights and identify denial trends with advanced analytics and reporting. Within the application’s existing workflows, providers can receive and correct claims from Medicare and commercial payers, as well as receive and submit clinical documentation requests electronically directly from Medicare.
“As the clear market leader in the home health and hospice software market, we are proud to enter into an exclusive partnership with Homecare Homebase,” said
About Homecare Homebase, LLC
The mission of
About the Inovalon ONE® Platform
The Inovalon ONE® Platform is an integrated cloud-based platform of nearly 100 individual proprietary technology toolsets and deep data assets able to be rapidly configured to empower the operationalization of large-scale, data-driven healthcare initiatives. Each proprietary technology toolset, referred to as a Module, is informed by the data of billions of medical events within Inovalon’s proprietary datasets. Combinations of Modules are configured to empower highly differentiated solutions for client needs quickly and in a highly scalable fashion. The flexibility of the Platform’s modular design enables customers to integrate the Platform capabilities with their own internal capabilities or other third-party solutions. The Platform brings to the marketplace a highly extensible, national-scale capability to interconnect with the healthcare ecosystem on a massive scale, aggregate and analyze data in petabyte volumes, arrive at sophisticated insights in real time, and drive meaningful impact wherever it is analytically identified best to intervene and intuitively visualize data and information to inform business strategy and execution.
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Source: Inovalon Holdings, Inc.