Texas-based IT company, Anthelio, has entered into a strategic partnership with MedQuist Holdings, an integrated clinical documentation solutions provider.
The partnership is aimed at reducing the costs of more than $300bn of annual administrative services by improving clinical documentation initiatives, revenue cycle management and IT efficiency.
Through the partnership, MedQuist will implement Anthelio’s revenue cycle management and IT solutions which include revenue cycle services as ICD-10 transition services, A/R management, business office management and patient access solutions into its service portfolio.
In addition, MedQuist will provide its voice-enabled electronic health record (EHR) solutions to Anthelio clients.
Anthelio chairman & CEO Richard Garnick said this partnership will provide a platform to leverage technology, innovation and improved processes to create new efficiencies in healthcare and help raise the standard of care.
”We believe our strategic partnership with MedQuist will help drive top and bottom line results, and expand our offering to help hospitals realise cost efficiencies and scale," Garnick added.