CAMBRIDGE, Mass.--(BUSINESS WIRE)--Madaket Health, a leader in provider-payer collaboration and data exchange, announced today that NextGen Healthcare, a leading provider of innovative healthcare technology solutions, has chosen Madaket Health as its trusted partner and expert to streamline payer enrollment for its provider network.
This partnership and integration will ensure the seamless flow of information to expedite the enrollment process for physicians, helping them focus on providing the best patient care, while enabling provider systems to capture potential lost revenue.
Payer enrollment is essential for payment authorization, expanding participation in insurance networks, meeting regulatory requirements, and more. However, it is one of many administrative tasks that burden providers significantly – it’s time-consuming to keep up with, but failing to do so limits revenue potential. This partnership will expedite the process, reducing time spent on the task by 70% while easing relationships between providers and payers.
Physicians already rely on NextGen Healthcare’s world-class platform to manage all aspects of its EHR, practice management and payer enrollment. Now, leveraging Madaket’s platform, physician office staff can more easily keep enrollment details up-to-date, streamline communication with payers to ensure a timely enrollment process, and reduce administrative burdens to expand their patient base and avoid potential revenue loss.
“NextGen Healthcare’s commitment to providing interoperable solutions that increase clinical quality and productivity is clearly demonstrated, and integrating Madaket Health’s payer enrollment software will bring an additional layer of support to providers,” said Eric Demers, CEO of Madaket Health. “We’re honored to partner with NextGen Healthcare to help existing and future provider groups leverage its award-winning platform to streamline operations and continue to elevate the patient experience.”
In addition to its provider enrollment platform and services, Madaket’s Provider Data Management (PDM) platform and Provider Directory holistically provide a single source of truth for the most accurate and up-to-date information on the market through its Provider Data Exchange (PDX) system. The real-time provider directory updates also effortlessly help payers comply with the No Surprises Act’s 48-hour requirement. Learn more about the partnership at madakethealth.com.
About Madaket Health
Madaket Health targets billions of dollars in healthcare administrative waste by simplifying provider data management, revenue cycle, and exchange processes. Eighty percent of provider groups have exchanged data through the company’s platform, which validates, automates, and synchronizes provider data between payers and healthcare organizations to improve patient and member experience, enhance revenue, and ensure regulatory compliance. Learn how Madaket Health mitigates claims processing delays and stems lost revenue by addressing data problems at the source with a fully connected provider data analytics and insights platform at madakethealth.com.
