Cloudmed Enhances CloudmedAI with Acquisition of Eligibill, Expanding Insurance Discovery Services for Healthcare Providers
Summary
“As the complexity of government and commercial insurance reimbursement continues to increase, revenue cycle expertise powered by technology is becoming even more critical in healthcare,” said Steve Albert, Chief Product Officer of Cloudmed. “Integrating Eligibill’s technology and insurance discovery capabilities into the CloudmedAI platform will help our customers more easily automate, accelerate and optimize their most critical revenue management functions.” “Healthcare providers need comprehensive technology and revenue cycle expertise now more than ever,” said Robert Thickens, Chief Executive Officer of Eligibill. “Eligibill’s ability to quickly integrate with commercial and government payers, combined with end-to-end data integration, automation and analytics powered by CloudmedAI, ensures that health systems capture full reimbursement faster and more efficiently for the care they provide.” Cloudmed is a healthcare technology company focused on Revenue Intelligence and data-driven insights. Cloudmed partners with over 3,100 healthcare providers in the United States and recovers over $1.5 billion of underpaid or unidentified revenue for its clients annually. Based in Wisconsin, the company offers solutions in insurance discovery, revenue cycle recovery, and clearinghouse services.
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