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Press Releases

Press releases and exciting announcements, including upcoming industry and community events.

Recondo Technology Issues Statement on Trump Administration’s Executive Order to Promote Price Transparency

Press ReleaseRecondo Technology, Generating 16M Annual Patient Estimates, Issues Statement on Trump Administration's Executive Order to Promote Price Transparency in Healthcare Industry leader with 12 years of experience in automated patient price estimates provides guidance on how hospitals ... Read more

Recondo Technology to Demonstrate How Machine Learning and Web Bots Are Automating Complex and Costly Areas of Revenue Cycle at HFMA Annual Conference

At this year’s HFMA Annual Conference, healthcare financial leaders seeking to replace costly and inefficient solutions are encouraged to meet with Recondo Technology, the pioneer of healthcare revenue cycle automation. The company will unveil its most impressive advance in automation yet — ... Read more

Recondo Technology and VisiQuate Partnership Slashing Healthcare Cost Through Innovation and AI Technologies

NewsRecondo Technology and VisiQuate Partnership Slashing Healthcare Cost Through Innovation and AI Technologies Companies integrate best-in-industry intelligent automation and analytics to deliver predictive prioritization on claims most likely to be recouped; live clients realizing ... Read more

Recondo Technology Accelerating Momentum in Healthcare Revenue Cycle

Recondo Technology announced today it has achieved record bookings and growth in the first quarter of 2019. Breaking previous records for contracted monthly recurring revenue (CMRR), the company achieved a 120 percent increase in first quarter bookings in 2019 as compared the same quarter of ... Read more

Recondo Technology and MedeAnalytics Partner to Create a Single, Powerful Revenue Cycle Management Platform

Joint offering will equip hospital revenue cycle departments with fast and actionable intelligence from payers and insights into payment trends across all areas of the revenue cycle. Read more

Recondo to Showcase AI and Natural Language Processing for Automating Authorizations in Hospital Revenue Cycle Management at HIMSS19

The nation’s premier integrated care delivery networks are replacing expensive and time-consuming manual financial clearance solutions with AI-driven automation by Recondo Technology, the company announced. Read more

Health Systems Realize Significant Financial Benefits from AI-driven Revenue Cycle Solutions from Recondo Technology

Coupled with best in class workflow and Ensemble-led optimization of the HIS system, Mercy has since seen a 50 percent gain in pre-registration and authorization days out, and point-of-service collections are up 95 percent in the first six months of implementation. Read more

Recondo Technology takes automated revenue cycle management on the road

Nearing the end of one if its most successful years to date, Recondo Technology executives will be speaking at several industry events about why 2019 will see more hospital revenue cycle management departments replace wasteful manual effort with solutions providing automation. Read more

Recondo Technology’s Chief Product Officer to speak at Becker’s 4th Annual Health IT + Revenue Cycle Conference

Heather Kawamoto, one of nation’s foremost experts on an issue that continues to plague the healthcare industry: providing true price transparency when individual health needs and coverage are highly variable, will be a panelist on September 20. Read more

Heather Kawamoto promoted to Chief Product Officer at Recondo Technology

Topping off a year of accolades for Recondo Technology’s automated solutions, the company has promoted longtime product executive Heather Kawamoto to the Executive Team as Chief Product Officer. Read more

Recondo Technology’s automated revenue cycle management suite garners coveted HFMA Peer Reviewed status for patient access and business office

This includes Recondo’s automated solutions for obtaining prior authorizations from healthcare insurers and early retrieval of actionable claim status; the first ever such solutions to be peer reviewed by HFMA. Read more

$5 million in new SaaS bookings for Recondo Technology in first half of 2018 demonstrates more health care providers replacing manual revenue cycle management with AI-driven automation.

Climbing rates of claims and prior authorization complexity and requests, paired with patients struggling to understand and pay for medical services, are accelerating the industry shift from manual to automated revenue cycle. Read more

Recondo Technology hosts a free webinar for hospitals on automating claim status follow-up

Learn how to regain millions of dollars in revenue in Recondo Technology’s webinar featuring real customer case studies, including how Avera Health and The Queen’s Medical Center have collectively reaped over $7 million in cash improvements. Read more

Recondo Technology named 2018 Best in KLAS for patient access software and services

Recondo’s automated revenue cycle management solutions help hospitals and healthcare systems process large volumes of queries to payers at unprecedented scale and speed by leveraging touchless processing, helping these providers brings millions of dollars in revenue back to the bottom line. Read more

Recondo Technology to host webinar on automating prior authorization requests

Members of the media, hospital revenue cycle professionals and others interested in learning how automation can obtain information from payers at an unprecedented speed and scale are invited to attend. Read more

Recondo reports significant 2017 growth in healthcare revenue cycle market

Despite persistent uncertainty about the fate of the Patient Protection and Affordable Care Act dogging the healthcare sector, Recondo Technology announced today that bookings are up 70 percent for its cloud-based, single-platform revenue cycle management applications and content. Read more

The Queen’s Health Systems taps Recondo Technology to automate claim status and drive follow-up workflow

The Queen’s Health Systems will integrate ClaimStatusPlus with Epic to utilize rich payer intelligence driving workflows used every day by business office staff. The health system joins hundreds of providers around the country who use ClaimStatusPlus to accelerate the claim cycle and prevent ... Read more

NAHAM Attendees: Learn revenue cycle best practices with Recondo Technology

The company will demonstrate for attendees how to seamlessly integrate payer intelligence for prior authorizations, patient eligibility, claim status and patient estimates directly into Epic Systems and other HIS revenue cycle and patient access workflow solutions. Read more

Healthcare revenue cycle workflow transformed with Recondo Technology’s suite of APIs amplifying payer data

Adding to its award-winning RCM technology platform, Recondo's API drives enriched, accurate and actionable payer information directly into a healthcare organization’s existing workflow solutions for prior authorizations, patient eligibility, medical necessity, pre-service patient collection ... Read more

Recondo Technology closes $16 million funding round to support exponential growth to power healthcare revenue cycle

Recondo Technology, the market leader in cloud-based single-platform revenue cycle management solutions, announced today that it closed an additional $16 million in debt and capital funding to support and accelerate the company’s future growth curve. Read more

Recondo-ProMedica partnership at HFMA ANI conference to highlight hunger as a health issue

Recondo Technology, a leading provider of cloud-based revenue cycle connectivity and applications, announced today that the company has selected ProMedica, a large Midwestern health system, as its social responsibility partner, to raise awareness that hunger is a real and growing health issue, ... Read more

Recondo awarded U.S. Patent No. 8,943,565 for ReconBot® Technology

This patented technology is at the core of Recondo’s patient resolution cloud platform that enables Recondo clients to receive enriched actionable data from over 850 healthcare payers, resulting in higher rates of “touchless” claims, reduced manual follow-up time and accelerated cash flow. Read more

Recondo clients to present industry-leading solutions and achieved outcomes at HFMA ANI Conference

Using Recondo’s Authorization, Claim Status, Eligibility and pre-service collection tools with integration to every major health information system driving both front-end and business office workflow, customers have experienced an average of 47% decrease in denials; a 28% increase in upfront ... Read more

Recondo to demonstrate authorization automation and price transparency solutions at NAHAM 2016

With the prevalence of high-deductible insurance plans skyrocketing, and almost a quarter of commercially insured Americans burdened with high hospital co-pays, MySurePayHealth helps to meet public and legislative demands for a clear understanding of healthcare costs before services are rendered. Read more

Recondo to demo provider-centric healthcare price transparency tool for hospitals at HIMSS16

MySurePayHealth is the first self-service, accurate pricing calculator that healthcare consumers can use to generate a true estimate of their out-of-pocket costs, based on their current status of commercial, self-pay, or Medicare and Medicaid coverage. Read more

Survey: Hospitals spend 33 percent more than estimated following-up on insurance claims yet automation investment continues to lag

A new survey of healthcare financial professionals reveals that the cost of following-up on late payments from insurance companies is significantly higher than most industry estimates. Read more

Recondo recaps 2015, predicts “touchless” revenue cycle trend will accelerate in 2016

With Recondo’s automated data intelligence solutions, the company expects more manual Patient Access and Business Office processes will be permanently replaced with Recondo’s patented, highly accurate and fast automation solutions in the coming year. Read more

Recondo ranked Number One by Black Book for insurance and payer eligibility verification solution

Recondo Technology, a leading provider of cloud-based revenue cycle connectivity and applications, announced today that the company’s EligibilityPlus™ data service that integrates with hospital information systems scored the top Black Book ranking in the Insurance and Payer Eligibility category. Read more

Recondo earns most improved score in KLAS 2015 Mid-Term Performance Review

Recondo’s patient access solution’s score of 80.7 improved by 15 percent since the “2014 Best in KLAS: Software and Services Report” published earlier this year by KLAS. Recondo’s patient access solutions were also given high marks in Konfidence Level, which denotes the number of unique ... Read more

SSI and Recondo Technology collaborate to automate claim status follow-up and accelerate payments for hospitals

The availability of Recondo’s ClaimStatusPlus® solution will provide SSI’s existing customers with additional claim status information that resolves common delays in payment while streamlining workflow. As a result, SSI customers can achieve meaningful reductions in write offs, denied claims, ... Read more

Gartner names Recondo Technology a “Cool Vendor” in healthcare

Recondo is one of five companies profiled in the report, which recognizes technologies that offer CIOs, CMIOs and other healthcare IT leaders an innovative way to respond to the rapidly evolving healthcare environment. Read more

Recondo Technology appoints new Executive Team members

Recondo Technology, the leading provider of cloud-based revenue cycle connectivity and applications, today announced two new executive appointments. Read more

Recondo appoints Jay Deady as Chief Executive Officer

Recondo Technology, named healthcare’s hottest company by Modern Healthcare, today announced it has named Jay Deady as the company’s CEO and to its Board of Directors. Deady will apply his 25 years of management experience in the healthcare IT industry to guide the fast-growing revenue cycle ... Read more