We are excited to announce that McKesson has acquired the assets and business of Glide Health. Together, we look forward to helping providers comply with complex billing requirements through predictive insights that identify potential claim errors and improve claims acceptance rates.
Current Challenges in Revenue Cycle Management
Greater Patient Responsibility Increases Bad Debt
Dynamic Payer Policies Result in Increased Denials
Complex Coding Policies Result in Inaccurate Charge Capture
Prior Authorization Complexity Delays Treatment
Historically, payers maintained leverage over healthcare providers, leading to sub-optimal financial performance
8-10% gross denial rate of all claims in the U.S.
30% of claims have to be re-submitted, at a rework cost of over $10B annually
Denied and underpaid claims is over $200B/year in the U.S.
Providers have limited visibility into the causes of denials, resulting in delayed payments, increased costs and impact to revenue.
System of Revenue Intelligence
WHY GLIDE HEALTH?
Our Solutions Help
Machine learning models based on hundred of millions of claims across provider and payer types
60% reduction in net denials in specialty practices such as oncology and ophthalmology
90% reduction in claims submission re-work
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