Omega Healthcare announced the launch of its Omega Digital Platform (ODP), designed to help healthcare organizations reduce administrative burdens while improving financial performance.
“With rising costs and ongoing staffing shortages, healthcare organizations need technology-enabled solutions that empower them to focus on delivering care and improving the patient experience,” said CEO and Co-Founder Anurag Mehta. “We are excited to bring cutting edge technology advancements through the Omega Digital Platform and will continue to innovate to help our customers solve their most pressing challenges.”
Utilizing deep domain and technology expertise in artificial intelligence (AI), robotic process automation (RPA) and bots, machine learning (ML), and natural language processing (NLP), Omega Healthcare’s technology-enabled solutions drive greater efficiency and accuracy. These capabilities help reduce human intervention across critical revenue cycle functions, allowing clients to redeploy staff, increase employee and patient satisfaction, and improve financial outcomes. Omega Healthcare partners with provider organizations across the United States, empowering them to achieve outcomes such as: reducing coding costs while maintaining greater than 95 percent accuracy; realizing a 30 percent average reduction in accounts receivable (A/R) days; improving collections by 10-20 percent; and driving a significant reduction in denial rates.
“Over the years, Omega Healthcare’s technology, designed to improve clinical documentation powered by an easy-to-use analytics platform, has consistently helped us increase our revenues while decreasing our costs,” said George Hertner, MD, FACEP, Chief of Emergency Medicine for the Memorial Health System Emergency Departments and the President of Emergency Medical Specialists, PC (EMSPC). “We are excited to hear about the expanded technology solutions from Omega Healthcare through the launch of their ODP and believe this will help further streamline our end-to-end revenue cycle operations while enabling us to focus on what matters most – caring for our patients.”
PREDICT Workflow Engine and a Digital Workforce
The PREDICT workflow engine, a vital component of the ODP, utilizes AI through advanced proprietary algorithms and robust datasets. With predictive capabilities, preventive measures, and intelligent prioritization, PREDICT empowers clients to prevent issues before they happen.
In addition, an automated digital workforce through RPA helps clients reduce repetitive tasks and improve accuracy, while freeing up staff and providers to focus on more strategic tasks and direct patient interaction.
SOURCE: PRNewswire