VisiQuate and Springstone Announce Agreement for Full Complement of Advanced Analytics and Consulting
Leading health enterprise will also co-develop new solutions that are specific to behavioral health
VisiQuate and Springstone have entered a partnership that will be mutually beneficial to both parties. This 18-hospital, behavioral health organization provides a combination of inpatient, outpatient, and telehealth mental health services, which makes their revenue cycle operations especially complex. To benefit from the full power of advanced analytics, Springstone decided to implement the full VisiQuate Revenue Cycle Suite: Revenue Management Analytics, Denials Management Analytics, PayFlo, Denials Management Flo, Workforce Performance Analytics, Ana, VisiQuate’s AI/ML powered data expert, and Velocity Consulting.
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“Typically, most of our clients implement one or two solutions, then add more as the first solutions prove themselves,” Rich Waller, VisiQuate Co-Founder & Chief Experience Officer, said. “We greatly appreciate that Springstone has such confidence in us, that they decided to go all-in.”
“We spent a lot of time evaluating analytics companies,” Greg Miller, Executive Vice President and Chief Financial Officer, Springstone, said. “We have seen the behavioral health landscape change, especially in 2020. This comes with new challenges of clinical care and business strategy. We appreciate VisiQuate’s ability to deliver deep insightful reporting across our health system. They are a trusted partner that furthers our ability to manage our business proactively. In addition to the full revenue cycle suite, VisiQuate will be working side by side with Springstone to develop new solutions specifically for behavioral health providers that will benefit us, and the behavioral health industry as a whole.”
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“We have a lot to thank Springstone for,” said VisiQuate Founder & CEO Brian Robertson. “We’re especially excited that this is a true shared risk relationship. This takes us far beyond a traditional vendor-client relationship, and is a true partnership. We’re excited to see it develop and grow in the future.”
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