Cerner Corporation, a leading provider of healthcare technology services, has announced the introduction of Cerner RevElate, a new patient accounting platform that will provide the Cerner revenue cycle management portfolio with enhanced functionality. The product will be replacing Cerner’s existing patient accounting platform going forward. The company has invested heavily in developing expanded patient accounting capabilities and enterprise-wide information technology optimization in an effort to align its research and development resources with the solutions caregivers worldwide need the most.
The new platform is intended to manage data and workflows in a scalable manner for large health enterprises, in addition to streamlining clinical, billing, and payer workflows in an effort to reduce complexity. Cerner RevElate seeks to retain and advance the clinically driven capabilities of Cerner Millennium while adding the scalable enterprise power of Soarian patient accounting software. It will additionally provide the ability to integrate data from newly acquired and integrated facilities that may be on different health IT systems.
Brenna Quinn, senior VP of enterprise market solutions at Cerner, said, “Cerner has been working closely with clients to gather feedback and insights on how our software can drive better results and improve financial strength, especially as they are under tremendous pressure to be, and remain, profitable… A focus of Cerner’s development journey is to simplify and automate revenue cycle through interoperability and improved usability both inside and outside of the suite of Cerner products we offer.”
Cerner’s annual investment in revenue-cycle intellectual property is one of the company’s largest, driven by a review of its technology architecture and product portfolio at the direction of Chief Technology Officer Jerome Labat as part of his efforts to evolve Cerner’s offerings to best support healthcare organizations’ needs. The company is planning to migrate its current patient accounting clients to Cerner RevElate in a phased approach, working directly with clients to create customized resource and implementation timelines that will smooth the transition to the new patient accounting system. Given Cerner’s level of investment in new IP development, clients can expect to see future developments bring further improvements to the way the company does business.
