MethodCare is Acquired by ZirMed® to Broaden the Company’s Next Generation …

CHICAGO–(BUSINESS WIRE)–MethodCare,
Inc
., a leading provider of predictive analytics solutions to help
healthcare organizations achieve financial and clinical excellence,
announced today that it was acquired by ZirMed®,
the premier SaaS enterprise business and clinical performance solution
for healthcare. MethodCare’s predictive
analytics
and robust workflow will help expand ZirMed’s next
generation revenue cycle and population health solutions.

ZirMed
plans to immediately expand its presence in Chicago with a Healthcare
Analytics Center of Excellence led by MethodCare’s
team of data scientists and business intelligence engineers. Its
implementation and support teams will also remain in Chicago with plans
for imminent growth. MethodCare
will operate under the name ZirMed.

MethodCare
has achieved exceptional growth among the nation’s top hospitals and
health systems by developing robust workflow, automation and real-time
analytics that are critical to delivering greater value care,” said Tom
Butts, chief executive officer, ZirMed.
“By merging MethodCare’s proven predictive
analytics
offering with ZirMed’s population health and revenue cycle solutions,
health care providers can now take advantage of the first true
centralized end-to-end performance management platform to streamline
operations and support greater strategic, data-driven business
decisions.”

MethodCare’s flagship SaaS solutions
utilize predictive analytics in the areas of patient
access
, charge
integrity
, and reimbursement
all centered on a patient’s total episode of care. The customized solutions
pinpoint revenue leakage to identify recoverable missed charges, predict
denials and appeal success rates, score patients propensity to pay, flag
underpayments, and better manage risk-based contracts—resulting in
significant financial performance improvements.

MethodCare
is excited to become a part of ZirMed,”
said Jeff Kaplan, co-founder and chief executive officer, MethodCare.
“Together, we can accelerate the delivery and breadth of revenue cycle
and population health solutions that allow healthcare organizations to
achieve improved financial performance and deliver the highest quality
patient care. ZirMed
is a natural fit for us as we share the same commitment to technology
innovation and superior client service.”

The addition of MethodCare
and recent acquisition of Intelligent Healthcare, LLC., broaden ZirMed’s
suite of solutions
and enable healthcare organizations of all sizes and complexity to
manage both fee-for-service and value-based care simultaneously, while
maximizing revenue, streamlining workflows, and optimizing outcomes.

About MethodCare

MethodCare is the leading provider of Big Data analytics to help
healthcare organizations achieve financial and clinical excellence. Our
cloud solutions provide the platform for data integration of all patient
accounting and clinical systems, and the advanced analytics to extract
actionable insights that improve the revenue cycle and support
population health management. MethodCare’s robust workflow and real-time
predictive modeling improves patient access, charge integrity,
reimbursement, and accurately estimates the health and financial risk of
patient populations. Our data-driven method delivers greater revenue,
reduces costs and arms healthcare providers with the intelligence to
make strategic, proactive decisions that lead to greater value care. For
more information, please visit www.methodcare.com.

About ZirMed®

Founded in 1999, ZirMed is the nation’s only company delivering proven
cloud-based business and clinical performance management solutions to
meet the challenges of managing population health and optimizing
fee-for-service and fee-for-value reimbursements. ZirMed combines
innovative software development with the industry’s most advanced
transactional network and analytics platform to improve the business and
process of healthcare, give organizations a clearer view of their
financial and operational performance, and streamline critical
connections between providers, patients, and payers. ZirMed’s
industry-leading technology and client support have been recognized with
awards from KLAS®, Healthcare Informatics, Best of SaaS Showplace
(BoSS), and Black Book Rankings. Our nationwide network facilitates,
manages, and analyzes billions of healthcare transactions, driving
bottom-line performance with population health management, clinical
communications, comprehensive analytics, eligibility, claims management,
coding compliance, reimbursement management, and patient payment
services—including credit card processing, online payments, statements,
estimation, and payment plan management. To learn more, visit www.ZirMed.com.

Article source: http://www.businesswire.com/news/home/20140925005491/en/MethodCare-Acquired-ZirMed%C2%AE-Broaden-Company%E2%80%99s-Generation-Revenue



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