Candid Health and Flatiron Health Partner to Bring Revenue Cycle Management to Oncology Practices
Partnership connects Flatiron's oncology-specific EHR network with Candid's autonomous RCM engine, helping practices increase reimbursement and reduce administrative costs
Candid Health, the autonomous revenue cycle management platform, today announced a partnership with Flatiron Health to bring revenue cycle automation to oncology practices across Flatiron's network.
Oncology billing is among the most complex in healthcare. Multi-drug regimens, multi-modality treatment, prior authorizations, and other treatment needs create administrative burdens that can overwhelm traditional RCM systems and divert resources from patient care.
Flatiron's OncoEMR® is an industry-leading, oncology-specific EHR built to support efficient, personalized and evidence-based care across the patient journey. Used by more than 5,100 providers and 220+ community oncology practices across the U.S., OncoEMR combines intuitive workflows, customizable templates, integrated clinical content and powerful reporting to help community oncology practices strengthen both patient care and practice operations. Through the partnership with Candid Health, participating oncology practices in Flatiron's network will now have access to a financial operations platform designed for the complexity of their specialty.
Together the platforms will help practices increase net collections, lower cost to collect and accelerate reimbursement.
"Oncology represents some of the most complex billing in all of healthcare, and most RCM systems can't handle that complexity. We rebuilt the RCM data model from the ground up so that automation can submit claims correctly the first time, without manual intervention – as measured by our touchless claim rate. We're already doing that for some of the largest oncology organizations in the country. As part of Flatiron's network, we can extend that same capability to community oncology practices and help them thrive financially, not just clinically."
Nick Perry, Co-founder & CEO, Candid Health
"Flatiron is building connected, clinically-informed technology that helps oncology practices deliver better care. Revenue cycle is a critical piece of that picture, and the complexity of oncology billing demands purpose-built infrastructure, not generic tools. Our partnership with Candid Health brings RCM to practices across our network, helping them collect faster, reduce denials, and keep their focus on patient care."
Quincy Weatherspoon, Chief Network Officer, Flatiron Flatiron Health
About Candid Health
Candid Health is on a mission to rebuild the financial infrastructure of American healthcare, allowing providers to focus on delivering quality care. Trusted by more than 200 leading healthcare organizations, Candid’s RCM automation and AI platform leverages advanced automation to decrease the cost to collect and increase net collection rates. The company has offices in San Francisco, New York, and Denver. Learn more at www.candidhealth.com and follow Candid Health on LinkedIn .
About Flatiron Health
Flatiron Health transforms cancer care and research through a unified, global oncology engine powered by expert-validated AI and deep clinical and scientific expertise. Built from the experiences of millions of patients across the US, UK, Germany, and Japan, our real-world evidence informs the research, regulatory, commercial, and treatment decisions shaping oncology today. In the US, our point-of-care technology empowers clinicians to deliver smarter, more connected care while generating deeper insights that help advance cancer research. Flatiron Health is an independent affiliate of the Roche Group. Flatiron.com @FlatironHealth
Media Contacts
Candid Health:
media@joincandidhealth.com
Flatiron Health: Nina Toor
communications@flatiron.com