Wixom, Mich. (December 19, 2013) – RevSpring Inc., a leading patient engagement and payment solutions provider, and DaVincian Technologies, Inc. (Austin, TX), a leading healthcare analytics and information technology provider have announced a strategic partnership that will provide market leading analytics to enhance patient engagement strategies while increasing point of service collections for healthcare organizations.
RevSpring will offer its clients DaVincian’s automated real-time eligibility management and patient payment estimation solutions which will be integrated into RevSpring’s comprehensive patient engagement and payment platform.
DaVincian will utilize RevSpring’s real-time, point of service payment portal and payment processing technology to complement its real-time patient access analytical solutions and overall Revenue Orchestrator™ solutions.
As patient copays and deductibles continue to rise, healthcare organizations need the ability to educate patients about their financial responsibilities and offer optimized payment options at the point-of-service. Engaging patients on the front-end about their out-of-pocket obligations and giving them the ability to make payment at the point-of-service has been linked to both improvements in cash flow and patient satisfaction.
In its commitment to enhancing the patient experience, RevSpring understands how poorly integrated solutions can cause financial anxiety for patients and significant revenue losses for health systems. A partnership between DaVincian and RevSpring was a natural solution that creates a win-win for all parties.
“We want to help customers transform the way they do business,” said Marty Callahan, RevSpring’s Vice President and General Manager of Healthcare Markets. “RevSpring’s analytic solutions already use client data and analytic scoring to determine a patient’s eligibility for financial assistance and ability to pay. Integrating DaVincian’s automated eligibility management and patient payment estimation was the natural next step to enhancing patient engagement and helping our clients to automate their workflows.”
“We are excited about our new relationship with RevSpring and the opportunity to broaden the solution set for both companies,” said Albert Scarasso, President and CEO at DaVincian. “Healthcare organizations are looking for ways to incorporate real-time analytics and decision making to streamline processes and minimize the number of disparate systems and vendors. The seamless integration of our solutions will help organizations achieve this goal, while providing a better overall experience for their patients and improving financial performance of the healthcare organizations we serve.”
About DaVincian Technologies: DaVincian Technologies, Inc. offers next generation cloud-based, real-time analytical Revenue Cycle Management solutions for the healthcare sector designed to empower healthcare organizations to analyze, automate and manage all critical data and activities of the revenue cycle. Based in Austin, Texas, DaVincian’s Revenue Orchestrator™ analytical management solution suite empowers healthcare organizations to maximize their financial outcome and provide unsurpassed return on investment (ROI). For more information visit their web site at www.davinciantech.com.
About RevSpring: RevSpring facilitates over one billion customer interactions annually. It serves a large and diverse customer base across the healthcare, receivables management, financial services, home services and other end-markets. Its core service offerings include data hygiene and analytics, secure document creation and delivery, multi-channel communications, electronic billing and archival services and online payment tools, all while ensuring compliance with regulatory guidelines. RevSpring was formed by the merger of DANTOM Systems, PSC Info Group, Data Image and BestBill. For more information visit their web site atwww.revspringinc.com.
Derek Stein, Healthcare Marketing
Mike Bickers, V.P. of Business Development
DaVincian Technologies, Inc.