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Retrieve Medical Holdings, Inc. (OTC Pink: RMHI) is a leading provider of innovative healthcare solutions dedicated to enhancing clinical documentation efficiency and accuracy. Through its subsidiary, Retrieve Medical, Inc., the company offers cutting-edge software solutions tailored to the evolving needs of healthcare providers, optimizing patient care delivery and operational outcomes.
The company recently expanded its portfolio by partnering with a community health system, implementing its proprietary software solution, Retrieve DxTM, within a 2-hospital campus, aiming to optimize Case Mix Index (CMI) and documentation efficiency. Retrieve's software, Retrieve Dx, streamlines comorbidity identification, leading to more accurate diagnoses in less time.
Dr. Mark Rosenberg, Chairman of Retrieve, expressed delight with the partnership, highlighting the software's ability to enhance documentation and ultimately increase revenue for hospitals. Retrieve Medical is recognized for its commitment to quality healthcare provision and operational excellence in the industry.
Retrieve Medical Holdings (OTC Pink: RMHI) has emphasized its commitment to compliance amid increased scrutiny of Medicare Advantage billing practices. The company's patent-pending Retrieve Dx technology acts as a virtual research assistant, presenting potential diagnoses from patient records before physician finalization.
The announcement comes as Medicare Advantage programs, representing $462 billion (54%) of federal Medicare spending and serving 32.8 million beneficiaries across 3,500 plans, face intense scrutiny. Retrieve's preprocessing technology ensures accurate diagnosis submissions by integrating research assistant functions without disrupting clinical workflow.
Unlike systems that use AI to retroactively add diagnoses, Retrieve Dx operates prospectively, supporting accurate coding from the outset while maintaining physician control over the CDI process. The company emphasizes that its approach prevents False Claims Act violations by avoiding unsupported diagnosis additions through template addenda forms.
Retrieve Medical Holdings has signed a Letter of Intent to acquire Cúratus , a Nevada-based technology company specializing in AI-driven provider data solutions. The acquisition will integrate Cúratus' SaaS platform, ProviderLenz, into Retrieve's healthcare solutions network.
The deal is subject to definitive agreement, closing conditions, public filings, and shareholder approval. Mark Fabiano, Cúratus' CEO and former Chief Sales Officer at Altegra Health, will continue leading the company as a subsidiary of Retrieve Medical Holdings.
ProviderLenz uses AI to aggregate and verify provider credentialing and directory data in real-time, addressing a critical issue in healthcare where credentialing errors and fraud contribute to over $100 billion in annual healthcare fraud costs. The merger aims to enhance operational efficiency, improve decision-making, and optimize patient care through advanced AI capabilities.
Retrieve Medical has announced its expansion into ambulatory care through a new partnership with Saint Joseph's Medical Center in Yonkers, New York. The 333-bed health system will implement Retrieve's AI-powered software in its busiest multi-specialty physician practice.
The software has been specifically enhanced for outpatient settings, focusing on chronic condition detection and management. This implementation aligns with value-based healthcare models, aiming to improve patient outcomes and increase reimbursement potential.
According to Mark Rosenberg, Chairman of Retrieve and Past President of the American College of Emergency Physicians, chronic condition identification is important for value-based care, impacting both patient wellness and financial sustainability. Saint Joseph's Medical Center, established in 1888, continues its commitment to innovation and excellence in healthcare management through this partnership.
Onpoint Healthcare Partners and Retrieve Medical have announced the successful integration of their healthcare technology solution, combining Retrieve Medical's AI-powered engine with Onpoint's Iris platform. The integrated solution is being launched at two sites with over 850 healthcare providers.
The implementation aims to enhance clinical workflows, reduce administrative burdens, and improve patient outcomes. Key benefits include improved documentation efficiency with a 50% decrease in administrative overload, enhanced chronic disease management through identification and management of conditions in patient records, and reduction in provider burnout.
Retrieve Medical and OnPoint Healthcare Partners have announced a groundbreaking technology partnership to integrate Retrieve Medical's AI-powered engine into OnPoint's IRIS platform. This collaboration aims to revolutionize healthcare technology by enhancing clinical documentation and data processing capabilities.
The integration is expected to significantly improve healthcare efficiency, potentially reducing patient visit times by up to 50% and allowing physicians to manage complex disease state data more effectively. This partnership is set to address the growing administrative burden on healthcare providers, combat burnout, and improve patient care quality.
The combined technologies will excel in identifying and managing chronic conditions, providing healthcare professionals with more accurate and timely patient health insights. This advancement is poised to set new standards in healthcare technology, moving towards a more efficient and patient-centric healthcare system.
Retrieve Medical Holdings announced a new patent aimed at improving problem list management within electronic health records (EHR) systems. The patent introduces a hierarchical structure to problem lists, allowing designated managers to control and oversee entries and modifications. Key features include segmentation by department or interest area, master problem list management by primary care physicians, and individual provider lists that integrate into the master list. This innovation aims to enhance control, visibility, and accuracy in patient data management, ultimately helping healthcare providers deliver higher-quality care.
Retrieve Medical has been selected to exhibit its AI-driven software, Retrieve Dx, at the Vizient Innovative Technology Exchange on Sept. 18 in Las Vegas. Retrieve Dx enhances medical documentation efficiency, providing comprehensive records for hospitals and medical centers. Vizient, the nation's largest healthcare performance improvement company, will host the event. The Exchange allows selected suppliers to demonstrate improvements in clinical outcomes, safety, and healthcare delivery. Retrieve Dx helps medical practices document essential health details, improve patient outcomes, and increase reimbursement levels by working with all major EMR applications.
Retrieve Medical Holdings, Inc. (OTC Pink: RMHI) has announced significant findings from a study on Physician Burnout, revealing a 43% decrease in physician queries over seven months. The study highlights the impact of administrative burdens on physician well-being and patient care, underscoring the importance of mitigating distractions to improve healthcare provision.
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