ZirMed today announced the acquisition of MethodCare, Inc. Chicago-based MethodCare is a provider of predictive analytics solutions that increase revenue, maximize operational efficiencies, and provide the advanced analytics to help healthcare organizations achieve financial and clinical excellence.
MethodCare’s flagship SaaS solutions utilize predictive analytics in the areas of patient access, charge integrity, and reimbursement all centered on a patient’s total episode of care. The solutions pinpoint revenue leakage to identify recoverable missed charges, predict denials and appeal success rates, score patients propensity to pay, flag underpayments, and better manage risk-based contracts—resulting in significant financial performance improvements.
ZirMed will expand its presence in Chicago with a new Healthcare Analytics Center of Excellence led by MethodCare’s team of data scientists and business intelligence engineers. MethodCare’s implementation and support teams will continue to operate in Chicago with plans for imminent growth.
The addition of MethodCare and recent acquisition of Intelligent Healthcare, LLC., broaden ZirMed’s suite of solutions and enable healthcare organizations of all sizes and complexity to manage both fee-for-service and value-based care simultaneously, while maximizing revenue, streamlining workflows, and optimizing outcomes.