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MediStreams Strengthens Leadership Team with Strategic New Hires

January 6, 2022, MediStreams LLC, a leading provider of outsourced healthcare remittance automation services, today announced the addition of Jeff Hlozek as Senior Vice President of Commercial Operations and Christopher S. Watson as Chief Technology Officer. Their professional experience, healthcare knowledge, and leadership skills will enhance the company’s ability to accelerate growth and bring additional technology-enabled services to the healthcare revenue cycle market.

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MediStreams Partners with TT Capital Partners to Accelerate Growth

October 21, 2021, MediStreams, a leading provider of remittance, reconciliation, and payment automation revenue cycle management solutions for healthcare providers, is pleased to announce that TT Capital Partners (“TTCP”), a leading healthcare private equity investor, has provided a growth equity investment to fuel ongoing business momentum. Founded in 2009, MediStreams has grown quickly with investments by the founders and angel investors and is well-positioned for continued success.

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Healthcare Outsourcing on the Rise

MediStreams sees increased interest in their remittance automation services as hospitals and health systems re-evaluate and adapt to new environments. The current virus pandemic may, or may not, be a once-in-a lifetime event. But it is forcing entities to re-evaluate and adapt in ways that allow for a safe work environment now and during future business disruptions. To operate with less on-site staff and to drive down costs, CFOs and accounting departments are looking at outsourcing with a proven partner like MediStreams.

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MediStreams Strengthens Solutions for Channel Partners

MediStreams, a growing leader in the HRCM market offers an end-to-end payment processing solution. The MediStreams’ proprietary and innovative platform integrates into the provider’s A/R work flow. It ingests all payments; both commercial and patient payments plus correspondence to produce customized outputs for downstream processes. The MediStreams' client mix includes national health systems, hospitals, clinics, labs, and physician’s groups for various Orthopedic, Radiology, DME, Pathology, Dermatology, and other entities.

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MediStreams to Grow Service Offerings Through Acquisition

MediStreams, a Revenue Cycle Management company, announces the acquisition of PaperHost, a cloud hosted Document Management company. MediStreams is an established leader in remittance processing for healthcare providers. Using proprietary technology, MediStreams improves the speed and accuracy with which payments (both paper and electronic) are posted to the accounting systems at provider sites.

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MediStreams Reaches 10 Year Mark - Delivering The Very Best Solutions

MediStreams, a Medical Banking and Remittance Automation company, incorporated in July 2009. The company started with an idea and a team who could build, sell, and run a superior remittance processing platform. Ten years later, MediStreams has grown to create an entire healthcare remittance ecosystem, linking multiple platforms including financial institutions, clearinghouses, payers, practice management systems, document management systems and provider analytics engines. This remittance platform is fully automated and customizable for each client. MediStreams continues to innovate and deliver best-in-class solutions for the Healthcare Revenue Cycle market.

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MediStreams Exhibits at Leading Healthcare Tradeshows

MediStreams - One healthcare platform handles all payments - paper and electronic. Over the past ten years MediStreams has grown to be a leader in the industry. They integrate with most of the industry leading patient accounting and practice management systems to deliver payment-posting files that meet the distinct requirements of physician groups, hospitals, labs, billing companies and clinics.

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MediStreams Combines Technology and Automation for Healthcare Payment Reconciliation

So, what’s the solution? The MediStreams platform serves as a gateway to ingest the ERAs and EFT payments for reconciliation. The technology connects the payment information in the ERA to the payment information received from the provider’s bank. Then, continuously throughout the day truly funded posting 835 files arrive securely at the provider’s location for auto-posting. Remaining, unmatched payments and remittances appear as pending on the portal for client review to leave in the pending status, mark as an exception or force reconcile and release. The service offers the greatest opportunities for improved efficiencies.

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MediStreams Enhances Indexed Correspondence for Healthcare Providers

All correspondence is stored in the on-line, secure portal where a status for each document can be assigned such as complete, follow-up, or in progress. A robust on-line indexing tool provides the answer for the billing staff to process new correspondence quickly and easily. And, if you need the images and data for import to another internal system, an automated extractor can prepare a customized file for import.

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MediStreams chooses IBM Cloud for healthcare provider billing solutions

MediStreams, a healthcare revenue cycle management (HRCM) solution fills the niche of remittance processing in the revenue cycle of healthcare providers. The company's HIPAA-compliant solutions dramatically lower the cost of processing payments in the billing office.

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Medical Lockbox Expands Traditional Lockbox Services

MediStreams, an RCM company, officially announces release of their Medical Lockbox Version 2.1, owned and developed by MediStreams. Physician and hospital billing entities require innovative solutions to keep the financial processes running smoothly to optimize cash flow and effectively manage the revenue cycle. MediStreams Medical Lockbox is healthcare specific and geared to address the nuances of healthcare documents and the remittance payment process.

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MediStreams Releases New Online Configuration Engine

MediStreams, a Healthcare Revenue Cycle Management (HRCM) company, expands their proprietary Configuration Engine; a tool for rapid configuration of custom outputs, commercial 835 / ERA payments and patient payment posting files. Designed and developed by MediStreams, the Configuration Engine allows for rapid deployment of ERA Normalization rules for posting files.

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MediStreams Simplifies ERA Normalization and Correspondence

MediStreams understands the complexity of healthcare billing and the many facets of the revenue cycle. Billing companies, physician groups, labs and health systems gain benefits of enhanced compliance and regulatory rules with a seamless delivery of posting files, customized for their billing software or other internal systems.

 

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Budding Growth In The Healthcare Revenue Cycle Arena

MediStreams, a developer of revenue cycle management solutions for healthcare providers, reported a surge in business growth with the recent roll-out of their newest line of billing solutions that streamlines and increases revenue flow in the healthcare arena.

 

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MediStreams To Exhibit at AAHAM

AAHAM is the perfect venue for MediStreams to showcase their suite of products and services designed to automate the entire remittance and payment process. The MediStreams team looks forward to networking and sharing how our solutions can resolve challenges for healthcare billing offices to successfully apply payments, reduce costs and alleviate manual inefficiencies.

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Availity Offers Auto-Posting Service

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Availity announces a new service offering from MediStreams which will automate one more process in the medical billing work flow, saving health care businesses time and giving them improved ability to search through information. The MediStreams service complements Availity’s core product lines, all of which automate administrative processes and help medical professionals run healthier businesses.

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SunTrust eClaim Solution Helps Healthcare Providers Significantly Improve Efficiencies in Payments and Claims Processing 

ATLANTA, Nov. 13, 2013 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) today announced the introduction of eClaim Revenue Gateway (eClaim), a healthcare receivables solution for medical providers, clinics and hospitals of all sizes. eClaim is a secure on-line service for reconciling healthcare claims data with payment information, helping to streamline the receivables process and shorten the revenue cycle.