Context 4 Healthcare, Inc. is a Chicago-based company with over 33 years of experience in providing software and data products for healthcare compliance. With a focus on payment integrity, coding software, and reference-based pricing, the company serves more than 4,000 clients and impacts tens of millions of lives in the healthcare industry.
Their flagship offering, the Payment Integrity Platform, is a cloud-based solution that uses a proprietary analytics engine to identify coding errors, medical necessity, unbundling, fraud-waste-abuse (FWA), audit risks, and other aberrations that can impact business operations for healthcare payers and providers.
Context is also known for its nationally recognized UCR (usual, customary and reasonable) fee database, which leverages billions of provider transactions to provide accurate fees for millions of procedure combinations. This reference-based pricing solution is available in the cloud, along with all Medicare Prospective Payment Systems.
Additionally, the company offers over 100 database products, solidifying its position as a one-stop source for healthcare data, compliance, and integrity solutions.
Established in 1988, Context 4 Healthcare, Inc. continues to play a crucial role in the healthcare industry, addressing the evolving challenges faced by payers and providers. While specific investment details are not available, the company's impactful presence in the industry makes it an interesting prospect for potential investors looking to tap into the healthcare technology sector in the United States.
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