Ready to transform your approach to payment integrity? Dive into our curated collection of top articles and videos, crafted by Lyric’s very own AI experts. Discover how you can leverage cutting-edge AI and AI-driven technology to excel in the payment integrity space. 📚 Top 5 Must-Reads & Must-Watches: 1.📝 Article: Top 5 Takeaways from Ted AI | written by Rajeev Ronanki, Chief Executive Officer: https://bit.ly/3xYklzZ 2. 📝 Article: A New Era of Digital Transformation for Health Plans | written by Tawfiq Bajjali, Chief Platform Officer: https://bit.ly/3VRFDH8 3. 📝 Article: Copilots Arriving: Improving Claims-Related Communications and Satisfaction in Health Plan Call Centers | written by Akshay Sharma, Chief AI Officer: https://bit.ly/4cHMOsk 4. 🎥 Video: Thoughts and Insights on AI’s Transformative Role in Healthcare | A Lyric Fireside Chat between Raj Ronanki, Chief Executive Officer, and industry luminary, Walter De Brouwer: https://bit.ly/3zT0yCr 5.📝 Article: Navigating Category III CPT Codes for AI-Enhanced Service | written by Bernard Steinbacher CPC, M.S., M.D., Senior Medical Director: https://bit.ly/3YcEVqM #AI #PaymentIntegrity #Healthcare #HealthcareInnovation
Lyric - Clarity in motion.
IT Services and IT Consulting
King of Prussia, PA 3,669 followers
Simplifying the business of care.
About us
Welcome. Let us help bring your health plan's payment accuracy and savings into the next era of savings and cost reduction. Learn more by visiting Lyric.AI Welcome to Lyric. Building on the legacy of ClaimsXten, we bring over 30 years of expertise to deliver unmatched savings—more than $14 billion annually—to our valued clients, including 9 of the top 10 health payers nationwide. Our cutting-edge solutions streamline complex claims processes, ensuring precision and efficiency for over 185 million lives under our care. Recognized by KLAS for our partnership excellence and value, we lead with top customer satisfaction scores and an A+ recommendation rate. Apart from our market-leading pre-pay claim editing services, Lyric is at the forefront of integrating AI technology to drive greater savings and administrative cost savings through the payment integrity value chain. This includes strategic partnerships with leaders in the areas of genetic testing claims accuracy, coordination of benefits, AI-driven co-pilots, and more. Whether you are a current valued customer or new to Lyric, we are investing in helping health plans simplify the business of care. Visit us at Lyric.AI
- Website
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https://lyric.ai/
External link for Lyric - Clarity in motion.
- Industry
- IT Services and IT Consulting
- Company size
- 201-500 employees
- Headquarters
- King of Prussia, PA
- Type
- Privately Held
- Founded
- 1989
- Specialties
- healthcare technology, claims editing, primary editing, secondary editing, solution hosting, consulting, data analytics, payment integrity, payment accuracy, health plans, health tech, coordination of benefits, healthcare, payment accuracy, and claim editing
Locations
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Primary
475 Allendale Road
King of Prussia, PA 19406, US
Employees at Lyric - Clarity in motion.
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David Sockel
Seasoned healthcare executive passionate about growing and delivering innovative solutions that achieve real results
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Chris John
Business Executive, Transformational Leader and Emotional Intelligence Coach
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Zareh "Hook" Hookassian - CCSP
Cyber Security Leader | Cloud Architect | Information Security Strategist
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Ronika Jandial-Gilbert
VP Human Resources | Global HR Leader | Public, Private, PE | Interim HR Executive
Updates
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🚀 We're Hiring! Join the Lyric Team 🚀 Lyric is a haven for the curious and tenacious, driven by core values rooted in integrity and trust. We celebrate collaboration, innovation, and the chance to make a true difference in health care. At Lyric, we believe in the power of talent, innovation, and collaboration to drive success. As a dynamic and growing organization, we are always on the lookout for passionate individuals eager to make a difference in their careers and help us simplify the business of care. ✨ Why Join Lyric? ✅ Collaborative Environment: Work with a team that values integrity and trust. ✅ Innovative Projects: Be at the forefront of health care technology and innovation. ✅ Career Growth: Opportunities to grow and develop in a supportive setting. 👉 Explore our open positions and apply today: https://lnkd.in/dNvZYTMZ #Hiring #Careers #HealthcareInnovation #JoinOurTeam #LyricAI #JobOpportunity
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#ICYMI: Lyric's 42 platform is quickly transforming the healthcare industry by simplifying technology deployment and unlocking more value than ever before for your organization. Check out the link below to learn more about what this best-in-class solution has to offer! #AI HealthcareInnovation #SimplifyingtheBusinessofCare
Discover the power of Lyric's 42 platform 🌟. With best-in-class solutions for #PaymentIntegrity and cost-of-care, 42 simplifies technology deployment and unlocks greater value for your organization. Find out more: https://lnkd.in/enfk9aG6 #AI #HealthcareInnovation #Efficiency #PaymentIntegrity #SimplifyingtheBusinessofCare
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🌟 Thank You for Being Here! 🌟 We’re incredibly grateful for our amazing LinkedIn community! Your support and engagement mean the world to us, and we want to ensure we’re providing the content that matters most to you. 👉 We Want to Hear From You! 👈 Your feedback is essential in helping us create the best experience for you. Cast your vote and let us know in the comments why you made your choice! Thank you for being a part of our journey. Together, we can create a more engaging and valuable LinkedIn experience. #Lyric #LinkedInPoll #YourVoiceMatters #ThankYou
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Payers are facing significant economic challenges right now, including increased medical service utilization, higher provider costs, and declining Medicare Advantage reimbursement rates. In this environment, AI and automation offer a substantial opportunity to enhance affordability, quality, and patient experience. McKinsey's analysis shows that payers adopting AI and generative AI technologies can achieve significant savings in both administrative and medical costs, as well as increased revenue. However, incremental approaches won't suffice; payers must reimagine end-to-end processes. The time to start addressing these challenges is now, as the combination of opportunity size and industry pressure demands decisive action. Our team at Lyric is here to help. #SimplifyingCare #SimplifyingtheBusinessofCare #Healthcare #HealthPayer #AI #Innovation
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Healthcare providers have long-needed payers to streamline authorizations, claims, and payments. However, outdated processes and complex IT infrastructures hinder modernization efforts. As the piece below explains, AI can simplify these challenges. Healthcare IT leaders can start leveraging this technology by creating a value-risk matrix to prioritize AI transformation tasks, such as AI-powered eligibility checks or GenAI claims agents. Additionally, partnering with experts can accelerate these advancements and overcome common challenges. AI tools can revolutionize the payer ecosystem and backend data, creating a seamless, humanized experience. Modernizing through AI and cloud services paves the way for a more efficient and effective healthcare system. Reach out to our team today to learn how we can help you on your AI journey! #AI #GenerativeAI #SimplifyingCare #SimplifyingtheBusinessofCare #HealthPayer
Humanizing payor-provider interactions one task at a time
cio.com
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🔒 Guarding Our Digital World: Unveiling the Future of Cybersecurity 🔒 In the ever-evolving realm of digital innovation, cybersecurity stands as the unsung hero protecting our most prized assets. 🛡️ In our latest blog post, Kevin Heineman, Chief Information Security Officer at Lyric, delves into the intricate dance of cybersecurity, spotlighting the recent advancements from the National Institute of Standards and Technology (NIST). 🔗 Read the full blog to stay ahead in the cybersecurity game: https://bit.ly/460bIkS Let's engage! Share your thoughts on the updated NIST framework and the best practices for securing remote desktop applications. How are you adapting to these changes? Comment below! 👇 #CyberSecurity #NIST #DigitalInnovation #RemoteAccess #TechTrends #LyricAI
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Lyric is thrilled to support the Washington Freedom cricket team as one of their season sponsors! 🎉 We're honored to back such a dynamic team. Sending our best wishes for the match against MI New York today. Go, Washington Freedom! 🌟🏏 #Lyric #WashingtonFreedom #MLC #Cricket
Washington Freedom is thrilled to announce Lyric as a Team Sponsor for the upcoming Season 2 of Major League Cricket (MLC). Lyric is a leading AI-based platform company harnessing the power of technology to unlock pathways to value for our health plan customers. Their vision is to simplify the business of care to positively impact outcomes across the healthcare ecosystem. The relentless pursuit of success defines both Lyric and the Washington Freedom, and this pursuit will be on full display this season. #MLC2024 #WashingtonFreedom #Lyric Lyric - Clarity in motion.
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Join us in celebrating the remarkable journey of Julie Hill, a trailblazer in healthcare and a staunch advocate for women's rights. Julie shares insights from her diverse career, offering a vision for a more inclusive and empathetic healthcare industry. Her story of innovation, leadership, and impactful role on Lyric's board is truly inspiring. Don't miss this opportunity to engage with a leader who is driving meaningful change and paving the way for a better future in healthcare: https://lnkd.in/eXrAvms7 #Healthcare #HealthcareLeadership #Inclusion #SimplifyingtheBusinessofCare
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Recently, CAQH's Innovation Council brought together major health plans to address issues like credentialing and provider data management. This collaboration aimed to streamline processes and improve data quality, benefiting both providers and patients. Below is a great summarization of the event, including key takeaways for #HealthPayers. Check it out below and let us know your thoughts on these critical topics: #Healthcare #SimplifyingtheBusinessofCare
Payer innovation council weighs improvements to provider data management experience
fiercehealthcare.com