TREND Health Partners, commonly referred to as TREND, has officially completed its acquisition of PrecisionGx. PrecisionGx is a swiftly growing company specializing in advanced artificial intelligence (AI) and machine learning (ML) solutions geared toward optimizing payment accuracy in the healthcare sector. This acquisition solidifies TREND's position as a prominent provider of credit balance management and payment accuracy solutions for healthcare payers and providers.

PrecisionGx's team consists of seasoned industry professionals and skilled data scientists who have developed Astria, an AI and ML-powered analytics engine. Astria is designed to automate the assessment of healthcare claims, systematically identifying and preventing payment inaccuracies. Leveraging extensive experience and insights gathered from real-time and AI-driven audits, Astria continually uncovers fresh opportunities for process optimization. This approach enables PrecisionGx to offer its clients heightened intelligence at a reduced cost. The effectiveness of PrecisionGx's advanced analytics has been proven in various applications, spanning both pre-pay and post-pay scenarios.

With the acquisition of PrecisionGx, TREND not only enhances its current credit balance and payment accuracy offerings but also introduces additional capabilities, including membership integrity and automated intelligence supporting clinical, non-clinical, and pre-pay audit procedures. This strategic move significantly strengthens TREND's position in the market and propels its ongoing innovation agenda as it continues to make a positive impact on the healthcare industry.

Source: businesswire.com