DENVER, Jan. 20, 2016 /PRNewswire/ -- Recondo Technology (Recondo), a leading provider of cloud-based revenue cycle connectivity and applications, announced today that Matthew Wiandt, Senior Vice President of Product, has been invited to participate in a discussion panel about the healthcare and life sciences payments industry at AGC Partners' 2016 NYC Digital, Mobile, FinTech & HCIT Tech Growth Conference, tomorrow, January 21st.
AGC's conferences attract hundreds of leading private equity, venture capital investors and strategic acquirers seeking to connect with CEOs from companies in rapid growth markets. Recondo's solutions serve one such space—the healthcare payments market. The shift to high deductible health plans has turned the traditional healthcare reimbursement system on end, leaving in its wake a gaping need to provide healthcare consumers with easier ways to pay their bills and healthcare organizations to collect them.
Along with his fellow participants on the HCIT Payments Panel, Wiandt will share with investors a number of insights, including:
- How the healthcare industry is making structural changes to accept patients' payments at the point of service
- The technology solutions available now designed to help providers collect payments faster
- As Consumer-Directed Health Plans become the new normal, how solution providers are responding to the pressing need for real-time claim, pricing and payment information
"The rapid expansion of consumerism is impacting healthcare so dramatically, hospitals are urgently seeking solutions to adopt to this new paradigm and facilitate faster payments from patients, as well as a smoother process leading to patient loyalty," said Recondo CEO Jay Deady.
More than 900 US hospitals rely on Recondo's revenue cycle solutions to capture real-time claim status, patient benefits, payer authorization verification and other payment intelligence that dramatically speeds up the revenue cycle and increases point-of-service collections by 30 percent in some hospitals.
AGC Partners' 2016 NYC Digital, Mobile, FinTech & HCIT Tech Growth Conference
When: Thursday, January 21, 2016
Panel time: 4:00pm-4:40pm
Where: Westin Grand Central (212 E 42nd Street), New York City
About Recondo Technology
Recondo's cloud-based solutions deliver financial clarity to all participants within the healthcare revenue cycle. Named the No. 1 hottest company in healthcare by Modern Healthcare in 2013 and a Cool Vendor for Healthcare Providers 2015 by Gartner, Recondo empowers more than 900 hospitals and health systems with solutions that connect providers with over 90% of the nation's payers and their patients to ensure proper and accelerated payments across the care continuum. The company's software and expertise streamline operations and achieve efficiencies and cost savings from patient access through claim status to payment processing—a continuum today where inaccuracy and inefficiencies currently cost U.S. healthcare a staggering $480 billion per year. Visit us at www.recondotech.com.
For more information, contact:
Amendola Communications for Recondo
SOURCE Recondo Technology