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What is Myndshft?

Streamlining workflow processes through real-time transactions that are integrated with modern technology platforms significantly enhances efficiency. This innovative method allows both providers and payers to reduce the time and effort associated with benefits and utilization management by up to 90%. By removing the confusion inherent in the current benefits and utilization management system, clarity is greatly improved for patients, providers, and payers. With the implementation of self-learning automation and a reduction in the number of clicks needed, healthcare professionals can allocate more time to patient care, thereby focusing on their primary responsibilities. Myndshft simplifies the intricacies of utilizing multiple point solutions by providing a comprehensive, end-to-end platform that fosters immediate communication among payers, providers, and patients. In addition, the platform continuously enhances its automated workflows and rules engines through real-time feedback from interactions between providers and payers. It also intelligently adjusts to the specific regulations employed by different payers. As the platform is utilized more frequently, its intelligence grows, utilizing an extensive repository of thousands of up-to-date rules specifically designed for national, state, and regional payers, which leads to greater efficiency and effectiveness in the healthcare sector. Ultimately, with the ongoing evolution of such technology, an optimized care delivery environment is created, yielding benefits for all parties involved, including improved patient outcomes and streamlined administrative processes.

What is ABN Assistant?

Denials of medical necessity pose a substantial financial strain on healthcare providers, leading to potential losses that can soar into the millions each year due to write-offs, coupled with the costly labor required to investigate and challenge these denials while also managing patient inquiries. On the other hand, payers encounter similar difficulties within the claims management framework, facing costs associated with unnecessary medical treatments and the resources allocated to address denial appeals, none of which enhance patient outcomes. Moreover, patients endure high copays and out-of-pocket costs, alongside a stressful healthcare journey filled with unjustified charges and services. In response to these challenges, the ABN Assistant™ from Vālenz® Assurance provides providers with vital tools for prior authorization that confirm medical necessity, create Medicare-compliant Advanced Beneficiary Notices (ABNs) with estimated costs, and effectively mitigate over 90 percent of medical necessity denials by validating necessity prior to patient care. By implementing this innovative system, healthcare providers not only bolster their financial stability but also elevate patient satisfaction and streamline the efficiency of care. Thus, the comprehensive approach offered by Vālenz® has the potential to reshape the landscape of healthcare delivery by minimizing unnecessary costs for all parties involved.

Media

Media

Integrations Supported

Payer

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$1039.00/one-time/user

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

Myndshft

Date Founded

2015

Company Location

United States

Company Website

www.myndshft.com

Company Facts

Organization Name

Vālenz

Date Founded

2004

Company Location

United States

Company Website

www.valenzhealth.com/valenz-assurance/abn-assistant/

Categories and Features

Patient Intake

Not specified

Prior Authorization

Not specified

Categories and Features

Medical Billing

Compliance Tracking
Customizable Dashboard
Dunning Management
Invoice History
Quotes/Estimates
Remittance Advice

Patient Experience

Not specified

Prior Authorization

Not specified

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