Newsroom

Stay up to date with all that is going on at Solvent Networks. From Partner announcements to the latest Pain Points edition, you’ll find it all right here in the newsroom.

Decoding Denials: Chart A Course Towards Financial Prosperity

Decoding Denials: Chart A Course Towards Financial Prosperity Denials often emerge as missteps that disrupt the rhythm of cash flow. But what if these denials were more than just setbacks? What if they were signals pointing to deeper systemic issues? And what if you could decode these signals with the precision of analytics? In this workshop, we go beyond the surface-level challenges to explore the layers beneath the 835, using data analytics to guide us.

Read More »

H is for Hiring campaign racks up awards

H is for Hiring campaign racks up awards Solvent Brandworks, SCHA’s in-house brand communications agency, was recognized by the Carolinas Healthcare Public Relations and Marketing Society (CHPRMS) at their recent annual conference. In collaboration with SCHA’s communications team, Brandworks won three awards for the H is for Hiring hospital workforce recruitment campaign, including: Outdoor Advertising by a Non-Hospital and Nonprofit Organizations: “H is for Hiring Billboard Campaign” Radio Advertising by Non-Hospital and Nonprofit Organizations: “H is for

Read More »

Vizient Achieve Committed Program

Vizient Achieve Committed Program Expanding the range of committed offerings for Vizient members. For more than 20 years, Vizient members have enjoyed significant value from sourcing programs that offer additional value to members in exchange for their spend commitment. To date, the Impact Standardization program has returned more than $1.8 billion to participants, and in 2017, the Vizient Pharmacy Program grew to $53 billion in spend – more than double that of our nearest competitor. Now, Vizient is

Read More »

Enhance Your Referral Claims Capture

Enhance Your Referral Claims Capture Advanced Claims Capture can increase your 340B savings significantly by uncovering and appropriately resolving fallout claims. Teaming up with AuthorityRx, our Advanced Claims Capture service can significantly increase 340B savings through enhanced referral claims capture and by uncovering and resolving those fallout claims that can be subsequently confirmed as 340B eligible. Focused on Compliance Advanced Claims Capture is designed with compliance in the forefront. As part of an annual independent

Read More »

The high cost of a bad physician hire

The high cost of a bad physician hire Hospital leaders know all too well that physician turnover rates are increasing, as are the costs of hiring replacements. Fewer have calculated the high cost of a bad hire, which – according to an article by Jackson Physician Search President Tony Stajduhar – can exceed seven figures. There is significant pressure on hospitals to fill physician vacancies as quickly as possible given the impact on hospital revenues.

Read More »

CorroHealth ensures NO surprises for patients OR hospitals

CorroHealth ensures NO surprises for patients OR hospitals Since the federal No Surprises Act (NSA) was signed into law in 2021, nearly a dozen hospitals have been fined for violating national price transparency rules. CorroHealth, a Solvent Networks endorsed partner formerly known as PARA Analytics, can help SC hospitals avoid their own nasty surprises, namely a five-, six-figure or seven-figure fine. The Centers for Medicare and Medicaid Services (CMS) fined four hospitals in August for

Read More »

Healthcare Accounts Payable Solutions

Healthcare Accounts Payable Solutions A better approach to patient refunds. Healthcare providers are leveraging automated, electronic payments to change the way they manage supplier payments. This new approach can transform your AP department by reducing costs, delivering operating efficiencies and creating a new profit stream. Additionally, these solutions can complement existing ERP and payment programs, adding additional revenue opportunities and ensuring your organization isn’t leaving money on the table. Patient refunds create a unique challenge for

Read More »

Vizient RxCommit

Vizient RxCommit Committed purchasing for enhanced contract pricing. Vizient RxCommit is our contracting solution for member health systems and hospitals who are ready to commit and standardize their formulary preferences for enhanced value. Overview: RxCommit is best suited for members who: Have a centralized formulary management process and cultural support for formulary management and conversion efforts Are ready for a longitudinal commitment of their pharmaceutical spend for enhanced value Are willing to uphold RxCommit contract commitments

Read More »

SUNRx 340B Webinar

SUNRx 340B Webinar What’s so special about Specialty Pharmacy? Featuring Specialty Pharmacy Guest: Optum Join SUNRx on Tuesday, November 7 @ 2:00pm for an informative webinar event, sharing insights on how your organization can better position itself with 340B Specialty Pharmacy. As the specialty pharmaceutical industry continues to see growth, there may be opportunities for significant savings to your FQHC and Hospital’s 340B program. The need to optimize 340B savings is greater now than ever, especially

Read More »

Vizient Vulnerability Index

Vizient Vulnerability Index Vizient is now granting public access to the Vizient Vulnerability Index™ for healthcare providers to assess health equity in their communities. The access comes at no cost and provides a unique level of visibility for healthcare organizations to assess social determinants of health that impact health equity in the communities they serve. Read more here. For more information, contact Jeneen Ablan Jeneen.Ablan@vizientinc.com or 507.313.1185.   Our partners have demonstrated that they can deliver

Read More »