Key Highlights
- Strategic partnership between Valer and Encoda, aimed at optimizing prior authorization and revenue integrity.
- The collaboration reduces prior authorization workflow costs and minimizes claim denials.
- Encoda’s BackOffice™ Suite to complement Valer by identifying denial error patterns.
- The partnership aims to improve patient access and healthcare delivery efficiency.
- Valer and Encoda together promise transparency, automation, and analytics to ensure reliable payment postings.
Source: Business Wire
Notable Quotes
- “We’re thrilled to announce this partnership with Encoda. It builds on our company’s momentum and enables partners to share in the value of improving patient access with prior authorization automation,” – Dr. Steve Kim, Co-Founder and CEO at Valer
- “Prior authorizations are a leading cause of denials, payment delays, and confusion in the physician revenue cycle,” – Lisa Taylor, CEO at Encoda
SoHC's Take
This partnership between Valer and Encoda is a significant step forward for healthcare revenue management. By addressing the inefficiencies in prior authorization and claims denials, they are poised to create a more efficient, patient-centered healthcare delivery system. With the integration of Encoda’s BackOffice™ Suite and Valer’s automation technology, the healthcare industry can expect a notable reduction in administrative costs and an increase in revenue. This collaboration highlights the importance of strategic industry partnerships in driving innovation and improving healthcare outcomes. The commitment of both companies to enhance healthcare delivery through technology is commendable and is expected to set new standards in the industry.
