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When it comes to technology innovation, the cloud is where it’s at, and companies are on the lookout to expand their cloud offerings by acquiring technology and engineering resources. These acquisitions can make a significant impact on healthcare organizations, improving back-office processes such as the coordination of benefits at the start of a patient’s journey. Additionally, a new company-agnostic benchmarking assessment tool can enable revenue cycle leaders to prioritize and plan for technology modernization.
In exciting news, Experian Health has announced its acquisition of Wave HDC, a healthcare data automation company that uses artificial intelligence to determine insurance benefits coverage and critical patient demographics data for various healthcare organizations.
The addition of Wave HDC is set to enhance Experian Health by providing more comprehensive and faster healthcare coverage identification and automation capabilities during patient registration. By merging Experian’s clearinghouse data and Wave HDC’s insurance data capture technology, users can search for essential insurance and patient demographics with a single inquiry to minimize delays and increase efficiency.
On the other hand, Accenture has bolstered its Amazon Web Services engineering skills with the acquisition of Ocelot Consulting, a cloud consultancy specializing in full-stack development, data engineering, data science, and strategy and execution for cloud modernization.
This move is expected to help clients in North America accelerate cloud transformation and development of artificial intelligence systems. It will also contribute to building a strong digital core powered by cloud, data, and AI.