Panacea Healthcare Solutions offers software and tech-enabled services that enhance revenue cycle management, coding accuracy, and compliance for healthcare organizations. By providing strategic pricing tools, price transparency systems, and comprehensive coding audits, Panacea helps clients optimize their financial performance and meet regulatory requirements.
Funding
Funding not disclosed
Founders
Product
Problem
Healthcare providers face increasing pressure to optimize revenue cycle management, ensure coding accuracy, and maintain compliance with evolving regulations. Inefficient pricing strategies, lack of price transparency, and inaccurate coding can lead to revenue loss and compliance violations.
Solution
Panacea Healthcare Solutions offers a suite of software and tech-enabled services designed to help healthcare organizations improve financial performance and maintain regulatory compliance. Their solutions include strategic pricing tools for hospitals, physicians, and pharmacies, as well as systems and services to meet CMS price transparency requirements and generate Good Faith Estimates as required by the No Surprises Act. Panacea also provides comprehensive coding audits and education to ensure accuracy and compliance across various healthcare settings. Furthermore, they offer compliance management software and training to help organizations navigate the complex regulatory landscape.
Target Audience
Panacea Healthcare Solutions serves hospitals and health systems, physician practices and ambulatory surgery centers, and ancillary care providers such as laboratories, diagnostic centers, and imaging facilities.
Features
- Strategic pricing tools for hospitals, physicians, and pharmacies
- CMS Price Transparency systems and services
- Good Faith Estimates generation for No Surprises Act compliance
- ChargeAssist® software for charge capture and revenue integrity
- Comprehensive CDM Reviews to identify and correct coding errors
- Managed Care Report Card for contract performance analysis
- Revenue Defender to prevent revenue leakage
- Physician coding audits and analysis
- Inpatient and outpatient coding audits and education
- Interventional Radiology, radiology and cardiology coding audits and education
- Comprehensive and customizable compliance management software
- Online healthcare compliance training with CEUs