Konica Minolta and ImagineSoftware partner to expand revenue cycle management offerings

Konica Minolta Healthcare Americas Inc. and ImagineSoftware have announced an integration agreement to integrate the ImagineOne artificial intelligence (AI)-driven platform for automated radiology billing with Konica Minolta’s Exa PACS-RIS solution.

In the lead-up to this announcement, the two organizations built a years-long partnership around delivering a seamless clinical and operational workflows. While Konica Minolta focuses on its Exa PACS-RIS platform, it leverages best-in-class partner solutions to deliver integrated solutions for customers. The vendor said the ImagineOne revenue cycle management (RCM) solution will amplify the Exa PACS-RIS user experience.

“To meet the needs of our customers as radiology billing and reimbursements evolve into greater challenges and complexity, Konica Minolta looked to partner with RCM market leader, ImagineSoftware,” Kevin Chlopecki, chief operating officer, Konica Minolta Healthcare HCIT, said in a statement. “The addition of ImagineOne to our portfolio was a natural expansion of our existing partnership. Now, with ImagineOne, Exa PACS and Exa RIS customers can benefit from streamlined and automated revenue cycle operations that can increase revenues and collections while decreasing costs.”

"This strategic move is a great synergy of our respective strengths," Sam Khashman, president and CEO of ImagineSoftware, said in a statement. "We are honored and thrilled to work together with Konica Minolta in offering best-in-class solutions that are not only powerful, but also easy to use and implement, with the ultimate goal of enhancing our customers’ ability to leverage next-generation technologies seamlessly. This alliance is all about transforming radiology business operations to drive greater value while keeping the focus where it matters most, on providing exceptional patient care."

Konica Minolta Healthcare launched an enterprise version of Exa at the Radiological Society of North America (RSNA) 2024 meeting in December, aimed at smaller and mid-sized hospitals and health systems. It features strong integrations with numerous third-party partners that already have a proven track record for various areas, including cloud computing, workflow orchestration, analytics, and image/record sharing. This new integration expands the platform's capabilities in RCM.

Find out more about the Exa enterprise imaging system in the video Enterprise imaging expands in smaller and midsized hospitals.

Dave Fornell is a digital editor with Cardiovascular Business and Radiology Business magazines. He has been covering healthcare for more than 16 years.

Dave Fornell has covered healthcare for more than 17 years, with a focus in cardiology and radiology. Fornell is a 5-time winner of a Jesse H. Neal Award, the most prestigious editorial honors in the field of specialized journalism. The wins included best technical content, best use of social media and best COVID-19 coverage. Fornell was also a three-time Neal finalist for best range of work by a single author. He produces more than 100 editorial videos each year, most of them interviews with key opinion leaders in medicine. He also writes technical articles, covers key trends, conducts video hospital site visits, and is very involved with social media. E-mail: dfornell@innovatehealthcare.com

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