St. Louis–based IPA 100 firm Brown Smith Wallace LLP (FY19 net revenue of $54.8 million) is partnering with AI-based health care platform KenSci with a focus on improving revenue cycle management for hospitals, health care systems, provider groups and others.
The new strategic partnership looks to integrate KenSci’s AI platform for digital health, Brown Smith Wallace’s process strategy expertise and both organizations’ health care industry experience to create efficiencies that increase revenue and improve profitability. The combined solution is designed to enable health systems to manage risk across their operations with predictive solutions in areas including first payment and days in A/R; fraud, waste and abuse; suspect diagnosis and medical coding; and estimating patient liability.
“The pandemic has accelerated the need to transform and exacerbated the challenges associated with legacy processes,” says David Contrera, principal of advisory services at Brown Smith Wallace. “Our partnership brings together cutting-edge technology and proven process strategy to help health systems maximize revenue opportunities today and prepare for more efficient and profitable growth in the future.”