SparkChange Recognized as One of the 2024 KLAS Emerging Solutions
We are thrilled to announce that SparkChange has been named one of the Top 20 emerging technologies in the 2024 KLAS Emerging Solutions report. This recognition recognizes our contribution to reducing healthcare costs through revenue cycle automation.
The report highlights a crucial reality for healthcare organizations today: "Revenue cycle automation is a key opportunity for all healthcare organizations and is necessary to reduce healthcare costs. SparkChange appears to focus on this area, and the solution offers deep integration with Oracle Health." This endorsement from industry leaders reflects our dedication to tackling one of healthcare's most pressing challenges—the inefficiency of the U.S. healthcare revenue cycle.
The revenue cycle is often a complex and burdensome area for healthcare providers. The KLAS report acknowledges this, emphasizing that innovation could make the U.S. healthcare revenue cycle more efficient. SparkChange directly addresses these issues by deploying cutting-edge database-level automations that streamline revenue cycle processes and simplify complexities. By automating repetitive tasks and minimizing manual interventions, our solution enables timely payments, which in turn allows healthcare organizations to focus more on their primary mission—providing exceptional patient care.
KLAS' Emerging Solutions Top 20 report, based on the insights of some of the top industry thought leaders, is designed to help healthcare providers identify new technologies with the greatest potential to impact the Quadruple Aim of Healthcare:
Improving patient experience
Reducing the cost of care
Enhancing population health
Improving the work life of healthcare providers
SparkChange's inclusion in this prestigious list is a testament to the positive feedback from our clients, who have seen firsthand the lasting benefits of automating their revenue cycle.
In addition to our focus on automation, deep integration with critical EHRs like Oracle Health ensures our solution is adaptable and scalable across diverse healthcare environments. Whether an organization is aiming for better operational efficiency or sustainable financial performance, SparkChange is poised to be a vital partner in their journey.
As the healthcare industry continues to evolve with new technologies and innovations, SparkChange is committed to delivering sustainable performance improvements and lasting solutions. Our recognition in the 2024 KLAS Emerging Solutions Top 20 underscores our leadership in addressing key market needs through strategic automation, enabling healthcare providers to thrive in a complex landscape.
We are honored to be recognized and look forward to continuing our mission to simplify healthcare operations and deliver impactful results for organizations across the industry.
If you want to learn more about our revenue cycle automation and how SparkChange can help your organization reduce costs while improving efficiency, please reach out!