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Myndshft Blog

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November 12, 2019

Virtue Technologies and Myndshft Announce Partnership to Accelerate Time to Therapy for Infusion & Specialty Pharmacies

by Patrick | News

MESA, Ariz.  and MURFREESBORO, Tenn., Nov. 12, 2019 – Myndshft Technologies, a leading provider of real-time benefit check and prior authorization technology for home infusion and specialty pharmacy today announced a partnership with post-acute healthcare technology solutions provider Virtue Technologies. The partnership will enable infusion and specialty pharmacies to improve patient and physician satisfaction, increase staff efficiency and reduce the risk of payment denials.  Specialty and home infusion pharmacies are under increasing pressure due to intensifying payer scrutiny of utilization management, and growing demands from providers and patients for detailed benefits coverage and out-of-pocket costs at the point of care.… Read entire article here

November 5, 2019

Using FHIR as a Competitive Advantage to Expand Referral Networks

by Beau Benson | Healthcare Technology

Healthcare has a physician burnout problem. Healthcare has a patient satisfaction problem. Healthcare has a cost problem.  These are common refrains in healthcare today, but what single factor is at the center of each of these problems? Access to data. Lack of access to data leads to delays in care, redundant data entry, repetitive procedures, and causes financial hardship for patients and providers alike. As a result, costs to healthcare organizations and their patients have skyrocketed.  Data sharing in healthcare has been limited by several factors: competition-fueled inertia, resilient paper-based workflows, systems cost, and (most acutely) a lack of standards… Read entire article here

October 4, 2019

How A Payer Rules Library Can Bring Order to Chaos

by Patrick | Healthcare Technology

Imagine that you’ve been recruited to be part of a dance routine. You arrive at the first rehearsal and meet the other dancers. The instructor strides in and introduces herself, then describes in intricate detail how the dance will be choreographed. After several hours of practice, you are starting to hit your marks. When you arrive for rehearsal the next day, however, there is a new instructor. He incorporates some of the previous instructor’s choreography but it is by no means the same dance. He adds new material and changes some important sequences. You stumble through the new routine but… Read entire article here

September 23, 2019

Claims Denial Prevention in an Age of Prior Authorization

by Patrick | Healthcare Administration, Revenue Cycle Management

  The prior authorization process is a textbook example of the law of unintended consequences. Created for sound reasons — as a utilization management tool for healthcare insurance companies to control costs and protect patients from surprise bills —  it has unintentionally paved the way for a corresponding surge in administrative burdens, claim denials and rework. All of which have taken a toll on the revenues of healthcare providers. Not to mention the psyche of revenue cycle teams and patients.    The obvious answer to reducing claim denials and ensuing denial write-offs is to prevent them from occurring in the first… Read entire article here