Vispa promotes company growth through acquisition of database development firm and centralized office
Winston-Salem, N.C. – July 27, 2020 – Leading healthcare revenue cycle workflow development firm Vispa announces two major company growth initiatives: acquisition of WebReliance, a database development firm, and opening of a centralized office in Winston-Salem, North Carolina, in September. Vispa’s web-based revenue cycle management software solution was developed by a collaborative team of veteran process management experts, developers and business leaders to achieve an integrated, automated approach to revenue cycle operations.
“We’ve made tremendous progress in the past year, prompting substantial investment in resources to accommodate rapid growth,” said Geneva Schlabach, CEO at Vispa. “The acquisition of this development firm and urban office space will promote collaborative efforts to continue providing the top automated workflow solution in healthcare revenue cycle. We believe in the power of people working together to achieve that goal.”
More than ever before, healthcare organizations are seeking solutions to improve revenue cycle operations. The COVID-19 crisis has led to unprecedented financial pressures and losses that threaten the survival of the nation’s hospitals and health systems. Vispa’s development team offers advanced technology and proven expertise to enhance productivity, operational efficiencies and overall financial performance.
“From my perspective, everything we’ve accomplished in the 14-year WebReliance history has been building to this opportunity with Vispa,” said Rick Stevens, CTO at Vispa and former president of WebReliance. “Our team brings the very best knowledge, experience and skills cultivated through hundreds of successful technology projects. Vispa is an excellent example of best practices in revenue cycle system development.”
As healthcare providers prepare for the post-pandemic new normal, Vispa is focused on automating the patient access side of the revenue cycle—pre-registration, eligibility and insurance authorization. “Our goal is to automate at least 80% of the pre-registration patient access process. When paired with the Vispa workflow solution, there will be a significant reduction in claim cycle time,” said Schlabach. “Vispa’s mission is to increase efficiency, effectiveness and cash flow for our partners. When hospitals are financially healthy, everyone benefits.”
About Vispa
Vispa is the leading-edge healthcare workflow development firm located in Winston-Salem, North Carolina. Instead of building off what has been done in the past, their collaborative team of veteran process management experts, developers and business leaders developed a web-based revenue cycle management software solution from scratch. They call it Vispa. They’ve scrapped the clunky interfaces, costly updates and painful learning curves you’re accustomed to. Instead, you get an intuitive operational workflow that takes the guesswork out of what comes next and predictive reporting that gives you insights you can actually act on. Plus, they’ve whittled down the implementation time so you can start boosting your bottom line in weeks, instead of years. Learn more at vispaflow.com.
Media Contact
Beth Friedman
Agency Ten22 for Vispa
678.956.9680
Beth@ten22pr.com