For the third consecutive year, the comprehensive set of solutions has been rated the overall #1 provider for small physician practice clearinghouse services

CHICAGO--(BUSINESS WIRE)--May 30, 2024-- Veradigm^® (OTCMKTS: MDRX), a leading provider of healthcare data and technology solutions, announced today that Black Book Research, a healthcare-centric market research and public opinion research and consulting company, rated Veradigm Payerpath the overall number one provider of claims and clearinghouse platform solutions for small medical practices.

Veradigm Payerpath achieved top scores in 11 of 18 clearinghouse-focused key performance indicators for solo and independent practices and small group practices with two to four practitioners. Additionally, Veradigm Payerpath rated #1 in seven KPIs in medical groups between five and 10 practitioners.

"In Q2 2024, Veradigm Payerpath emerges as the premier choice among clearinghouse vendors serving small medical practices, solidifying its position with top ratings and unmatched reliability, empowering healthcare providers with unified claims transaction management,” said Doug Brown, President of Black Book Research.

Payerpath interacts with over 60 different practice management systems, 3000 payers, and processes over 450 million claims related transactions annually. Payerpath processes 1.1 Billion Revenue Cycle Transactions with a clean claims rate of >98%. In addition to claims management, Payerpath offers a comprehensive set of solutions that allow healthcare practices to deliver a simpler, more positive patient experience reducing the administrative burden on office staff.

“For more than two decades, Payerpath has offered a comprehensive set of solutions allowing ambulatory healthcare practices to deliver a simpler, more positive patient experience, while reducing administrative burden,” said Tom Langan, President and Chief Commercial Officer of Veradigm. “We’re excited to have Payerpath named as the top ranked vendor four years running in the Physician Claims Management Solutions/Clearinghouse Revenue Cycle Management category by Black Book.”

About Veradigm®

Veradigm is a healthcare technology company that drives value through its unique combination of platforms, data, expertise, connectivity, and scale. The Veradigm Network features a dynamic community of solutions and partners providing advanced insights, technology, and data-driven solutions, all working together to transform healthcare insightfully. For more information on Veradigm, visit http://www.veradigm.com, or find Veradigm on LinkedIn, Facebook, Twitter, and YouTube

© 2024 Veradigm LLC and/or its affiliates. All rights reserved. Cited marks are the property of Veradigm LLC and/or its affiliates. All other product or company names are the property of their respective holders, all rights reserved.

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Investors:
Jenny Gelinas
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Media:
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Source: Veradigm