The Revenue Cycle Management Technology Adoption Model (RCMTAM)

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      Your Guide to an Autonomous Revenue Cycle
      Plot a course toward forward-thinking innovation that improves efficiency, the patient experience and your bottom line.
       

      FinThrive Joins MEDITECH Alliance to Spearhead Financial Performance in Healthcare

      Partnership expands access to leading Revenue Cycle Management technology to MEDITECH Expanse EHR users nationwide

       

      FinThrive, Inc., a healthcare revenue cycle management software-as-a-service (SaaS) provider advancing the healthcare economy, announced its partnership with MEDITECH, a global frontrunner in electronic health record (EHR) solutions.

      The collaboration, through the MEDITECH Alliance Program, opens the door for healthcare organizations using MEDITECH Expanse EHR to integrate FinThrive’s Claims Manager and Access Coordinator Insurance Verifier, connecting MEDITECH end users to more than 880 payers directly within their native workflows, and strengthening the effectiveness of their financial and administrative operations.

      The MEDITECH Alliance is an initiative that allows partners to transparently interact with MEDITECH and its customers, simplifying discovery, and support standards. It validates and recognizes solutions augmenting MEDITECH's Expanse EHR platform, ensuring high support levels and peace of mind for customers.

      "Through this partnership, FinThrive is facilitating the transformation of financial operations,” said Hemant Goel, president and CEO of FinThrive. “By integrating our top-rated solutions with MEDITECH's Expanse EHR, we provide clinicians and administrators with inbuilt tools to maximize accuracy in billing and revenue cycle management.”

      "We are excited to welcome FinThrive to the MEDITECH Alliance Program,” said MEDITECH AVP of Business Development, Jeff Kimball. “Integrating FinThrive's technologies complements MEDITECH's Expanse EHR, delivering enhanced financial performance.”

      According to the 2023 CAQH Index, an annual report on health plan and provider technology adoption, $89 billion is spent by payers and providers conducting administrative transactions between their organizations. Automated processes could reduce this cost by $18.3 billion.

      FinThrive enables providers to access these untapped savings within healthcare financial operations with:

      • FinThrive Claims Manager:

        • Optimizes Billing
          Improves claim accuracy and increases first pass claims acceptance rates
        • Reduces Follow-Up
          Cuts claims status follow-up by up to 90 percent
      • FinThrive Access Coordinator Insurance Verifier:

        • Reduces Errors
          Minimizes insurance eligibility errors through automation
        • Streamlines Access
          Simplifies and accelerates insurance verification work for front office staff, and facilitates transparent coverage discussions with patients 

      For more information about FinThrive and the collaboration with MEDITECH, click here

      About FinThrive

      FinThrive helps healthcare organizations increase revenue, reduce costs, expand cash collections, and ensure regulatory compliance across the entire revenue cycle continuum. Providing one of healthcare's most comprehensive revenue cycle management SaaS platforms, FinThrive’s holistic approach to revenue management offers patient access, charge integrity, claims management, contract management, machine learning & robotic process automation, data & analytics, and education solutions. Three out of five healthcare providers are using FinThrive today. For more information, visit finthrive.com.

      About MEDITECH

      MEDITECH empowers healthcare organizations everywhere to expand their vision of what's possible with Expanse, the world's most intuitive and interoperable EHR. Expanse lays the foundation for the next digital era, enabling care across delivery settings with cloud-based systems that drive better outcomes and provide mobile, personalized solutions to improve efficiency for an overburdened workforce. See why thousands of healthcare organizations in 27 countries and territories choose Expanse to meet the challenges of a new era in healthcare. Visit ehr.meditech.com, find MEDITECH Podcasts on your favorite platform, videos on YouTube, and follow us on X/TwitterFacebookLinkedIn, and Threads.

      Media Contact:
      Audra Murphy
      VP, Strategic Communications, FinThrive
      (717) 476-4864
      amurphy@finthrive.com