TPA Stream Secures $800,000 in Seed Financing

CLEVELAND–(BUSINESS WIRE)–TPA Stream, a health insurance administration software company that developed the proprietary STREAM technology for automating health insurance administration, announced today the completion of $800,000 in series seed financing. Using STREAM technology, third-party administrators can reduce the time it … Continue Reading

Why are Healthcare Providers Outsourcing Billing Functions?

In today’s changing health care industry, hospitals and physicians are constantly looking for ways to reduce their costs and increase profits. With hospital administrative costs now exceeding 25 percent of their expenses, healthcare providers are searching for innovative ways to … Continue Reading

Why is Health Insurance Administration driving up the cost of Health Insurance?

Health Insurance Administration is an essential part of the claims and filing process. This extremely complex process, coupled with the numbers of payers in the system leads to increased costs for service providers and insurance companies to maintain. Private pay, … Continue Reading

Why is Healthcare So Expensive?

This is a common question that many Americans are asking themselves these days. According to the Bureau of Labor Statistics, care prices rose 4 percent in 2016 and the increasing prices appear to keep rising. Americans are also spending more … Continue Reading