Write to Timothy Hay at ©2022 Dow Jones & Company, Inc. raised a $10 million Series B round from Social+Capital Partnership and other investors, VentureWire records show. The company's software connects consumers with medical bills to billing experts, who comb through the bills in search of mistakes, including improper pricing for services or flawed claim adjudication, the company said.Ībout a year ago, billing-transparency technology provider Simplee Inc. 406 Ventures, Cambia Health Solutions and other investors, VenureWire records show. Other startups with technology to improve medical billing have raised funding in recent times. Many care providers today use the billing functionality that is built into electronic health records, but iVinci believes that billing is so complex that a dedicated system-one that integrates with all of the EHRs in use-is warranted, the CEO said. The company's founders, veterans of consumer-finance companies, have also built a "scoring" system that profiles patients and then predicts for hospitals how and when patients will pay their bills, he said. IVinci's patient portal and payment platform seeks to break down and itemize medical bills to the penny, and enables care providers to offer financing plans to pay bills, Mr. USPTO Trademark & Patent Filings HEALTHCARE TRANSACTION RULE PROCESSING, DYNAMIC CONSTRAINT MANAGEMENT, AND USER INTERFACE INTERACTIONS 20160103965 - 14/971618. Examples of this plan type are Employee Stock Ownership Plan (ESOP), Profit-Sharing Plans, 401. Regular contributions are then made by the Employer, the Participant, or both. Typically, a Company Sponsor (Employer) of this type of plan creates an account for every individual Participant. said that patients-many of whom are frustrated by unexplained costs and a general lack of transparency in billing- frequently move their medical bills to the bottom of the pile. 59 37 51 27 41 42 30 35 18 30 16 30 16 17 23 to IHN - II 6029 I VINCI Everes 13 40 21, 1100 1 4 R. IVINCI HEALTH 401(K) PLAN is a DEFINED CONTRIBUTION PLAN. A report several years ago by consultants McKinsey and Co. Over the years, as health insurers have moved to high-deductible plans and moved more people onto their membership rolls, more health-care costs have fallen on consumers.īut according to iVinci, payments technology has not changed with the times. This type of Plan generally establishes an account for each individual Participant where a defined. "It's the highest compliment a customer can pay you," he said, "and it's potentially friendlier capital." IVINCI HEALTH 401(K) PLAN is a DEFINED CONTRIBUTION PLAN.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |