Texas hospitals and health systems seek innovative solutions to address challenges; endorses Connance, Inc. for cutting-edge predictive analytics
(Austin – April 18, 2018) Connance, a leading provider of health care predictive analytic solutions, has been endorsed by the Texas Hospital Association as a partner to help Texas hospitals more efficiently and effectively manage revenue cycle initiatives for denials management, patient payment and agency vendor management. Connance supports health care providers by leveraging data and predictive technology to drive process improvement and streamline workflows. The results include improved patient engagement, simplified third party vendor relationships and superior financial results.
"Now more than ever, reimbursement and declining margins are constant and costly challenges for Texas hospitals," said Ted Shaw, THA president and CEO. “We are confident that partnering with Connance will help our hospitals improve collections, decrease payment cycles, and engage patients more compassionately and effectively."
Connance technology solutions are unique in their blending of advanced predictive analytics, workflow technology and integration with existing provider systems. Designed to improve with time, Connance solutions enable providers to realize sustained performance improvement even as their market situations change. Many existing revenue cycle solutions are static solutions amidst a dynamic environment or fail to leverage existing technology foundations.
"We are passionate about finding ways to enable hospitals and all clinicians, in Texas and nationally, to not only survive but thrive as the industry moves to patient-centric and value-driven care, " said Steve Levin, Connance co-founder and CEO. "With significant investment in new technologies and rapidly changing reimbursement, the entire health community needs to use data and innovation for lasting success. Connance is pleased to partner with the Texas Hospital Association and continue the steady improvement in communities across the great state."