When we talk about healthcare, we’re talking about roles that are always in demand. In fact, healthcare occupations make up six of the ten fastest-growing careers in the United States. But healthcare doesn’t have to be confined to hospitals. There are plenty of other companies that are making things for people in the field. Take AdvancedMD, for example. Here’s a look at each company and how they help those in need.
AKASA is a health care technology startup. Founded by Andy Atwal, Benjamin Beadle-Ryby, Malinka Walaliyadde, and Varun Ganapathi, AKASA is led by seasoned Silicon Valley leaders, with deep experience in the healthcare sector. The company is backed by Andreessen Horowitz and Costanoa Ventures.
AKASA is a technology startup in the health care field that pioneered Unified Automation. The healthcare industry is highly operational and financially complex, and it costs the system $500 billion every year in medical billing alone. AKASA’s Unified Automation(tm) technology automates revenue cycle operations for health systems, allowing them to focus on improving patient care and their financial well-being.
In March 2018, Hillrom, a health care company, rebranded itself as Hillrom(tm). The new brand represents the connected world and is more forward-looking, reflecting the company’s capabilities in advanced analytics, connected devices, and the delivery of actionable insights at the point of care. The new Hillrom visual brand transitions the company’s history while continuing to advance connected care across the healthcare continuum.
While Hill-Rom is a health care company, employees stay at the organization for an average of 5.9 years. Their next job is at McKesson or the United States Army Corps of Engineers. One in four employees went to Purdue University and majored in Business. Employees were more likely to be Democrats than Republicans, although company founder August Hillenbrand gave $8500 to the Republican Party.
Vizzia Technologies is one of the largest providers of real-time location systems for healthcare organizations. Their software platform offers real-time data and process visibility, improving enterprise efficiencies and patient care. Vizzia has more than 15 years of experience working with hospitals and healthcare facilities to implement its platform. The company’s products are used throughout hospitals and health care facilities across the country. In fact, more than 80% of healthcare facilities plan to increase their investment in technology and digital solutions over the next few years.
Unite Us is another company focused on healthcare delivery and research. They provide software and services that connect providers across communities. They also integrate social determinants of health into patient care. Using their ecosystem, healthcare providers can track patient journeys, report on outcomes, and better understand what improves patient health. In addition to providing software, Unite Us also offers expert services that help healthcare organizations move beyond legacy resource directories.
AdvancedMD is a cloud-based patient management software that allows providers to process all patient data, billing, and schedule appointments, as well as chart patient records. AdvancedMD offers two pricing options: a flat rate for practice management and a per-encounter fee for medical billing. The practice management plan costs between $229 and $429 per month, depending on the number of practitioners and billing types. The scheduling and billing software costs $0.58 to $1.42 per encounter, depending on the plan selected.
AdvancedMD’s software is easy to use and integrates clinical activities and billing processes. It helps healthcare facilities focus on providing high-quality services to patients while tracking insurance ageing reports and claims. It also provides error-proof automation for clean scrubbing of claims. Its smart EHR software integrates patient charts and other medical information, and offers advanced features like electronic prescriptions and telemedicine. In addition to offering patient charts and billing, AdvancedMD offers managed practice management services and mobile applications.
As a leader in sleep and respiratory treatments, ResMed is well-known for its AirMini and S+ devices. The company was involved in a joint venture with Pegasus Capital Advisors and Dr. Oz Media to develop sleep testing technology. Last fall, it announced a new sleep improvement device. The company has also partnered with Alphabet’s Verily subsidiary to develop technology for treating sleep apnea.
The company’s recent quarterly results reflected a strong performance, with revenue up 9% year-over-year. Its operating profit and earnings per share both saw 12% increases. Despite its size, the company is expanding in other areas of the health care industry, including referral management, claims processing, and payroll. Its CEO Jim McLaughlin has built the company into a EUR2.6 billion business.