
Discovery Health Partners
Founded Year
2008Stage
Acquired | AcquiredTotal Raised
$29.7MValuation
$0000About Discovery Health Partners
Discovery Health Partners offers payment and revenue integrity solutions that help healthcare payers improve financial and member outcomes. On January 21st, 2021, Discovery Health Partners was acquired by MultiPlan million.
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Expert Collections containing Discovery Health Partners
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Discovery Health Partners is included in 3 Expert Collections, including Health IT .
Health IT
2,749 items
Companies partnering with healthcare stakeholders to improve operational efficiency across payment, supply chain, data mgmt, and more.
Fintech
7,942 items
US-based companies
Digital Health
12,651 items
Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)
Latest Discovery Health Partners News
Sep 9, 2021
February acquisition fuels expansion of payment and revenue integrity service line MultiPlan Corporation a leading provider of data analytics and technology-enabled cost management, and payment and revenue integrity solutions to the U.S. healthcare industry, announced it has completed the branding and service offering update of its Payment and Revenue Integrity services that resulted from the acquisition of Discovery Health Partners in February. The expanded service offering is focused on helping payors convert recoveries into future correction and prevention opportunities throughout the lifecycle of a healthcare claim. Paying claims quickly and accurately continues to be a critical priority for MultiPlan’s healthcare payor customers. Even with interventions, payors’ ability to navigate the complex healthcare system is challenged by multiple and legacy technologies, changing regulations, and member churn, resulting in missed opportunities to catch errors within the total lifecycle of a healthcare claim. These factors contribute to incorrectly paid claims, improper reimbursements, or claims that shouldn’t be paid at all. Related Posts MultiPlan’s Payment and Revenue Integrity services analyze eligibility and claims data to ensure claims are paid correctly the first time. MultiPlan combines its award-winning machine learning capabilities with the human intelligence of its seasoned teams to offer the best available solutions to help clients achieve payment integrity success. MultiPlan’s services include: Pre-Payment Clinical Review – Corrects billing errors before payment and eliminates wasteful claims spending Coordination of Benefits – Identifies instances of other health insurance and determines primacy to maximize recoveries and drive future cost avoidance. Data Mining – Analyzes claims data to identify and resolve incorrectly paid claims, as well as addressing root-cause issues for future error prevention. Post-Payment Clinical Audits – Corrects billing errors after payment and eliminates wasteful claims spending. Subrogation – Maximizes recoveries from third party liability with improved identification. Revenue Integrity – Finds and restores premium dollars owed for managing Medicare Advantage members
Discovery Health Partners Frequently Asked Questions (FAQ)
When was Discovery Health Partners founded?
Discovery Health Partners was founded in 2008.
Where is Discovery Health Partners's headquarters?
Discovery Health Partners's headquarters is located at 500 Park Boulevard, Itasca.
What is Discovery Health Partners's latest funding round?
Discovery Health Partners's latest funding round is Acquired.
How much did Discovery Health Partners raise?
Discovery Health Partners raised a total of $29.7M.
Who are the investors of Discovery Health Partners?
Investors of Discovery Health Partners include MultiPlan, Carrick Capital Partners, Seyen Capital, National Science Foundation and Quercus Trust.
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