Change Healthcare, in Collaboration with Luma Health, Launches Patient Engagement, a Suite of Technology Solutions to Unify the Patient Healthcare Journey
June 22 2022 - 7:00AM
Business Wire
Suite combines Luma Health’s Patient Success Platform™ solution
with Change Healthcare’s revenue cycle management solutions to give
patients and providers a cohesive experience that spans the entire
healthcare journey
Today Change Healthcare (NASDAQ: CHNG) launched Patient
Engagement, a suite of solutions that seamlessly connects
touchpoints across the patient journey, increasing access and
improving communication between patients and providers. Change
Healthcare’s proven revenue cycle management capabilities and Luma
Health’s industry-leading solutions enable providers to unify
operational, clinical, and financial journeys, creating a more
streamlined experience for patients.
Patients expect convenience and ease of communication when they
seek care. In a recent survey on patient loyalty, 80% of patients
said they would be willing to change providers for more
convenience—even if they’re receiving quality care from their
current provider. When a patient calls to schedule an appointment
over the phone, one call can take an average of eight minutes to
complete. The Patient Engagement solution gives patients autonomy
to book an appointment and complete intake forms at their
convenience, while also reducing administrative burden on
providers. According to Luma’s internal data, providers who used
the Patient Engagement solution experienced a 47% increase in
appointment-based revenue and resulted in higher patient
satisfaction.
Healthcare providers make investments to improve the digital
experience for patients. However, they still struggle to solve all
patient pain points due to fragmented deployment. Many solutions do
not offer the integration points needed to successfully manage
patient engagement from the moment patients need care to receiving
care. Disparate management systems can lead to an average of 24
days of wait time for new patients and more than $150,385 in lost
revenue per provider annually.
The Patient Engagement suite centers on the patient’s success,
and the tools work to increase patient volumes and loyalty while
reducing denials and other administrative burdens for providers.
Change Healthcare’s revenue cycle management capabilities and reach
in healthcare combined with Luma’s KLAS-recognized Patient Success
Platform delivers a comprehensive set of patient engagement
solutions that drive real outcomes.
“We’ve long envisioned a more proactive and flexible approach,
where patients and providers are being set up for success—not just
at times during the journey, but throughout. This suite represents
a complete evolution of the patient and provider experience. One
that places patients exactly where they should be—at the center of
their healthcare journey,” said Mike Peresie, senior vice president
and general manager of revenue cycle management and decision
support at Change Healthcare.
Change Healthcare’s revenue cycle management solutions and
patient engagement capabilities enable providers to engage patients
across their entire care continuum. One of the key components of a
patient’s journey is their financial clearance. By accelerating
eligibility verification and streamlining authorization, the
solution reduces administrative burden on providers and ensures
improved patient satisfaction. Both companies’ integrated vision
sets the patients up for success by merging their financial as well
as operational, and clinical journeys.
“This one-of-a-kind solution exists because of our commitment to
making healthcare better for both patients and providers. From
initial outreach all the way to claim adjudication, the entire
patient journey is now on one platform. Providers using the patient
engagement suite of solutions will have unprecedented ability to
deliver a seamless journey across the spectrum of care,” said
Aditya Bansod, Luma’s co-founder and chief technology officer.
"We’re excited for this collaboration to work toward a solution
that will make the patient journey more seamless in order to
improve quality of care for patients and providers,” said Amy Beal,
manager of patient services at Woman’s Hospital in Baton Rouge.
Change Healthcare’s implementation team will lead customers
through the implementation process, including integration with the
customer’s existing EHR. For more information about Change
Healthcare’s Patient Engagement solutions, visit our webpage and
learn more about our upcoming webinar series.
For more information on Change Healthcare, please visit our
website; hear from our experts at Insights; connect with us on
LinkedIn; follow us on Twitter; like us on Facebook; and subscribe
to our podcast on Spotify, Apple Podcasts, or Google Podcasts.
About Change Healthcare
Change Healthcare (NASDAQ: CHNG) is a leading healthcare
technology company focused on insights, innovation, and
accelerating the transformation of the U.S. healthcare system
through the power of the Change Healthcare Platform. We provide
data and analytics-driven solutions to improve clinical, financial,
administrative, and patient-engagement outcomes in the U.S.
healthcare system.
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Change Healthcare Katherine Wojtecki External Communications
630-624-9142 katherine.wojtecki@changehealthcare.com
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