Today, Change Healthcare (Nasdaq: CHNG) unveiled its API
& Services Connection™, a marketplace for open, standards-based
application programming interface (API) products. Now, any healthcare
organization––payers, providers, vendors, consultants, and independent
developers––can leverage the same capabilities that power the company’s
industry-leading healthcare financial, clinical, and engagement
solutions. Subscription to the catalogue of APIs is managed through the AWS
Marketplace––making it easy for healthcare organizations to rapidly
innovate digital health solutions at scale on Amazon Web Services (AWS).
To accelerate adoption and use, Change Healthcare will provide
comprehensive enablement tools, including implementation guides from the Argonaut
Project, an initiative to advance industry adoption of modern, open
interoperability standards.
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“Our productized APIs empower healthcare start-ups, hospitals and health
plans, and other healthcare-focused businesses to more rapidly develop
innovative products and services while meeting regulatory requirements,”
said Gautam M. Shah, vice president, Platform and Marketplace at Change
Healthcare. “Our APIs help reduce application development time, testing,
and cost––while promoting interoperability and fostering innovation.”
API products providing solutions to power Revenue Cycle Management,
Payment, and Medical Eligibility workflows are now available in the
Change Healthcare API
& Services Connection. The company is providing market-leading
innovation, including its Claims Lifecycle AI API that provides the
intelligence to accurately and proactively predict which claims are
likely to be denied and why. This product helps increase and accelerate
revenue and reduce costs for hospitals and health systems. Over time,
Change Healthcare expects to have hundreds of open, standards-based APIs
available that represent the company’s comprehensive portfolio of
healthcare IT solutions, as well as API-based solutions from its
partners.
“Companies in the digital health space are trending towards using more
and more purpose-built APIs to manage specific parts of the patient
access and billing workflows,” said Nathan Swartley, director of product
at Hinge Health. “Hinge Health is using the Change Healthcare
Eligibility API to verify new applicants across multiple payers and
deliver speedy implementations for our customers.”
Micky Tripathi, Argonaut Project manager and president and CEO of the
Massachusetts eHealth Collaborative, added, “APIs are the key to
advancing the healthcare industry’s adoption of modern, open
interoperability standards. Change Healthcare’s use of open standards
means that these APIs and services can be readily deployed across the
healthcare ecosystem––whether connecting to EHRs, adding functionality
to payers’ and providers’ internally-developed solutions, or enhancing
other third-party solutions. This is a resource with the potential to
help reduce the time and cost associated with many health information
technology deployments. It’s very exciting that anyone can take
advantage of, and benefit from, these open industry healthcare APIs to
foster a more open, interoperable, and capable healthcare IT universe.”
Payers, providers, vendors, consultants, and independent developers can
access the Change Healthcare API
& Services Connection now.
For more information on Change Healthcare, please visit our website,
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About Change Healthcare
Change Healthcare (Nasdaq: CHNG) is a leading independent healthcare
technology company that provides data and analytics-driven solutions to
improve clinical, financial, and patient engagement outcomes in the U.S.
healthcare system. We are a key catalyst of a value-based healthcare
system, accelerating the journey toward improved lives and healthier
communities. Learn more at changehealthcare.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200107005658/en/