BurstIQ Blockchain Healthcare Company Partners with VitalWare For Business Expansion
BurstIQ Inc has announced its partnership with VitalWareTM, LLC, 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.
BurstIQ, Inc.,is an industry-leading blockchain enablement company, offering enterprise-level blockchain solutions for the health and healthcare industry.
A Win-Win partnership
VitalWare, the Washington-based firm that provides revenue cycle management services to over 600 hospitals nationwide, says the partnership will help it scale.
On its part BurstIQ said VitalWare has been recognized multiple times as one of the fastest-growing and most disruptive companies in the healthcare industry. It added that the partnership will bring its 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.
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.
For VitalWare, BurstIQ is able to quickly and automatically identify new insights and streamline multiple levels of the former's workflow, which translates directly into value for its clients.