Today, a leading provider of healthcare data and technology solutions, announced that Black Book Research, a healthcare-centric market research and consulting company, has recognized Veradigm Payerpath as the top provider of claims and clearinghouse platform solutions for small medical practices.
Veradigm Payerpath achieved outstanding scores in 11 out of 18 key performance indicators (KPIs) focused on clearinghouses for solo and independent practices, as well as small group practices with two to four practitioners. Additionally, Veradigm Payerpath was rated number one in seven KPIs for medical groups with five to ten practitioners.
“In Q2 2024, Veradigm Payerpath has emerged 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 interfaces with over 60 different practice management systems, 3000 payers, and processes over 450 million claims-related transactions annually. With a clean claims rate of over 98%, Payerpath manages 1.1 Billion Revenue Cycle Transactions. Beyond claims management, Payerpath offers a comprehensive suite of solutions designed to simplify the patient experience and alleviate the administrative burden on office staff.
“For more than two decades, Payerpath has provided a comprehensive range of solutions enabling ambulatory healthcare practices to offer a simpler, more positive patient experience while reducing administrative workload,” said Tom Langan, President and Chief Commercial Officer of Veradigm. “We’re thrilled to see Payerpath recognized as the top-ranked vendor for four consecutive years in the Physician Claims Management Solutions/Clearinghouse Revenue Cycle Management category by Black Book.
