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Discovery Health Partners

discoveryhealthpartners.com

Founded Year

2008

Stage

Acquired | Acquired

Total Raised

$29.7M

Valuation

$0000 

About 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.

Headquarters Location

500 Park Boulevard Suite 1350

Itasca, Illinois, 60143,

United States

224-265-0400

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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 .

H

Health IT

2,749 items

Companies partnering with healthcare stakeholders to improve operational efficiency across payment, supply chain, data mgmt, and more.

F

Fintech

7,942 items

US-based companies

D

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

MultiPlan Rolls Out Updated Payment And Revenue Integrity Services; Helping Payors Prevent, Correct, And Recover Throughout Claims Lifecycle

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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