BurstIQ Announces Partnership with VitalWare(TM), Bringing Blockchain to Healthcare Revenue Cycle Management

Wednesday, June 27, 2018 General News
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Partnership will bring BurstIQ's technology to over 600 hospitals and expand VitalWare's capabilities to include advanced analytics and machine learning

DENVER, June 26, 2018 /PRNewswire-PRWeb/ -- BurstIQ, Inc., a leading healthcare blockchain data company, announced today

a major OEM integration with VitalWareTM, LLC, one of the fastest growing companies in the healthcare industry. The Washington-based firm provides revenue cycle management services to over 600 hospitals nationwide. BurstIQ's proprietary blockchain-based big data platform will enable VitalWare to securely manage clients' data at scale, automate key processes and gain new insights through the platform's machine learning capabilities.

VitalWare's suite of revenue cycle solutions and services addresses all aspects of mid-revenue cycle management, including documentation, coding, charge capture, auditing and lost revenue recovery. Incorporating BurstIQ's proprietary blockchain-based health data platform will allow VitalWare to apply advanced analytics and machine learning to their services - gaining new insights that provide significant value for their health system clients. In addition, the platform hosted on VitalWare's private cloud will significantly improve data security and automate key knowledge processes.

"BurstIQ allows us to achieve the scalability we need to grow our business," says Kerry Martin, CEO of VitalWare. "The platform is able to quickly and automatically identify new insights and streamline multiple levels of our workflow, which translates directly into value for our clients."

Frank Ricotta, CEO of BurstIQ, shares Martin's enthusiasm about the partnership. "VitalWare has been recognized multiple times as one of the fastest-growing and most disruptive companies in the healthcare industry. This partnership will bring our blockchain-based data platform to VitalWare's client base of over 600 hospitals and demonstrate the value that the platform can provide to health systems. It's truly a win-win."

About BurstIQ

BurstIQ™ is an industry-leading blockchain enablement company, offering enterprise-level blockchain solutions for the health and healthcare industry. The company offers a HIPAA- and GDPR- compliant platform that seamlessly leverages blockchain, advanced security, Big Data capabilities and machine intelligence to enable healthcare businesses and individuals to access, control, monetize and gain insights from their health data. The BurstIQ Ecosystem allows people and businesses to create relationships and transact through a global network of marketplaces for personalized products and services, value-added B2B services, research opportunities, and peer-to-peer networks. The BurstIQ platform and Ecosystem work together to improve the security of health data, reduce healthcare costs, enable new insights and care models, and democratize health through increased global health access, equity and personal empowerment.

Visit BurstIQ to learn more: https://BurstIQ.com

About VitalWare

VitalWare is a leading revenue cycle SaaS solutions provider specializing in Health-IT technologies and the delivery of the most comprehensive regulatory code library and auditing tools in the healthcare industry. VitalWare makes the business of healthcare easier through intuitive cloud-based technologies and regulatory expertise. Combining over 175 public and proprietary datasets, our web-based applications contain the advanced business logic, crosswalks and proprietary libraries that validate documentation, coding, billing and reimbursement accuracy - making VitalWare clients' jobs easier. Visit our website, https://vitalware.com

CONTACTS PR & Media: Matthew Bird CEO @1800pr 1-800-PublicRelations O: 646.248.7676 E: matt.bird(at)1800pr.com

BurstIQ: Amber Hartley Chief Corporate Development Officer E: amber.hartley(at)burstiq.com

VitalWare: Julie Graham juliegraham(at)vitalware.com 972.762.3417

 

SOURCE Vitalware, LLC



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