Brown Gibbons Lang & Company Securities LLC

07/03/2024 | News release | Distributed by Public on 07/03/2024 18:26

Profiling Behavioral Health Revenue Cycle Management Leaders: Insights from the Becker’s Health IT Digital Health RCM Meeting

July 3, 2024

Profiling Behavioral Health Revenue Cycle Management Leaders: Insights from the Becker's Health IT + Digital Health + RCM Meeting

The Becker's Health IT + Digital Health + RCM Meeting brought together industry experts to discuss the latest trends and innovations in healthcare revenue cycle management. BGL Managing Director Jonathan Bluth, and a leader within the firm's Healthcare Provider Services and Healthcare Outsourcing & Information Technology industry teams, moderated a panel titled "Mastering Behavioral Health RCM: Tips from Two Innovators." Joined by Erin Burke, CEO of HanSei Solutions, and Thomas John, CEO of Plutus Health, the panel explored the cutting-edge advancements in behavioral health revenue cycle services and software.

How Two CEOs are Transforming Behavioral Health

Thomas John and Plutus have leveraged technology and automation to address complex issues in behavioral health revenue cycle management, significantly impacting the autism and mental health therapy sectors. Erin Burke of HanSei Solutions, emphasizes the importance of automation and clinical documentation education, helping providers navigate diverse payer guidelines and improve service substantiation and treatment outcomes.

Watch the clip below to hear the discussion on these advancements:

Innovative Insights and Solutions in Behavioral Health Revenue Cycle Management

John notes that the behavioral health industry's lag in adopting best practices and technology, highlights opportunities for disruption through advanced software and automation. Burke sees potential in using artificial intelligence for patient engagement and outcome measurement, which can transform reimbursement models and drive value-based care in behavioral health. BGL's Jonathan Bluth moderates this discussion and shares several of his insights about the key drivers of M&A interest and valuations in this exciting and fast-growing sector.

Hear them discuss the topics in this clip below:

If you would like to view the full discussion from the conference, you can watch it here.

Contact Our Healthcare Outsourcing & Information Technology Team

BGL's Healthcare Outsourcing & Information Technology investment banking team advises clients across a broad spectrum of mergers and acquisitions, capital markets activities, and strategic assignments. At BGL, we are energized when presented with unique challenges and we excel in developing and executing creative solutions that deliver outstanding results to our valued clients. To learn more about how we can help you strategically utilize the healthcare outsourcing market, please reach out via the contact form below.

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