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Streamline Health and Patientco Sign Strategic Partnership [Professional Services Close - Up]
[June 07, 2013]

Streamline Health and Patientco Sign Strategic Partnership [Professional Services Close - Up]


(Professional Services Close - Up Via Acquire Media NewsEdge) Streamline Health Solutions, Inc., a provider of SaaS-based enterprise content management, business analytics, computer assisted coding and clinical documentation improvement solutions for healthcare providers, announced that it has entered into a joint marketing agreement with Patientco, a provider of patient financial engagement solutions, with the intention to increase net revenue for healthcare providers by accelerating patient payments.



According to a release, through the agreement, Streamline Health's business analytics solution, OpportunityAnyWare, will integrate with Patientco's cloud-based platform. OpportunityAnyWare aggregates data from disparate systems giving healthcare providers a real-time snapshot of their financial and operational performance. The integration with Patientco will allow for additional robust data mining and further root cause analyses around patient payment behavior. Users of the integrated solutions will be able to increase operational efficiency, reduce bad debt through a more effective patient liability collection process, and ultimately reduce overall costs to each client organization.

"Patientco empowers healthcare providers to engage patients in the financial aspects of their healthcare experience. By providing patients with their choice of convenient ways to pay from one consolidated, secure location, we give them control over the management of their own healthcare expenses and simplify something that's usually too complex," explains Bird Blitch, Chief Executive Officer of Patientco. "This agreement will help users of Streamline Health improve the emerging retail aspects of patient interaction related to patient liability collections." "Our joint marketing agreement with Patientco will enable us to give our provider clients more transparency into their patient population and payment patterns," added Robert E. Watson, President and Chief Executive Officer of Streamline Health. "It will also provide them with a more effective means of patient engagement to maximize cash collections in a consumer-driven healthcare environment." More Information: www.streamlinehealth.net www.patientco.com/providers ((Comments on this story may be sent to [email protected])) (c) 2013 ProQuest Information and Learning Company; All Rights Reserved.

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