Notes from the Lab

The National Provider Identification Number (NPI) is a unique 10-digit number that is assigned to healthcare providers in the United States. The National Provider Identifier (NPI) is a Health Insurance Portability and Accountability Act (HIPAA) Administrative Simplification Standard that allows providers to have one national identifier. The NPI is used for identification purposes by insurance companies, hospitals, health care clearinghouses, and other health care providers. Healthcare providers acquire their own 10-digit NPIs to identify themselves in a standard manner across their sector. In the HIPAA standards transactions, the NPI must be used in place of legacy provider identifiers. Providers that are covered by HIPAA are required to provide their NPI with other providers, health plans, clearinghouses, and any health and human services that may need it for billing purposes, according to the Federal Regulation.

Constellation4 Health, a healthcare technology innovator, has acquired all the interests of Vulcan Health, a referral management platform, from Florida Eye Specialists & Cataract Institute, a premier ophthalmology practice on the west coast of Florida. As part of the acquisition, Constellation4 closed its first pre-seed investment from the Henderson Family Office. The Henderson Family Office specializes in real estate development, early-stage private equity investment, and operational management of portfolio entities.

Starting in 2023, patient satisfaction will begin playing a much more significant role in Medicare Advantage Star Ratings by encouraging healthcare providers to place an increased emphasis on improving member satisfaction. One method of achieving this is through improved screening programs, which increases member satisfaction by increasing the probability of catching life-limiting or quality-reducing conditions while also saving money.

The No Surprises Act (the NSA) was signed into law in December 2020 and most provisions went into effect January 1, 2022. In order to avoid penalties and consequences associated with noncompliance, it is crucial for health plans to fully understand the technicalities of the NSA and responsibilities placed on health plan entities under this new law.

The motivation behind the CMS No Surprises Act (NSA) was signed into law in December 2020 with the remainder of its components going into effect at the beginning of 2022. The goal of this act is to increase transparency between healthcare biller and payer, limiting the number of surprise bills you receive for your healthcare.

We are excited to announce a Strategic Partnership with Visibility Management. Visibility Management is a consulting practice of veteran eye care industry experts with a track record of excellence and leadership. “We have built a strong foundation in the Vision Industry with a Fortune 150 Dental and Vision Payer customer. In addition, we are building a referral management platform for a large Ophthalmology practice. Partnering with Visibility Management and Richard Sanchez will serve as a strong catalyst to further our vision footprint,”, said Saru Seshadri, Founder & CEO of Constellation4 Health.

A few years ago, we had the privilege of leading the nationally recognized FIBA Accelerator and Tampa Bay Wave Accelerator programs. So, when we had the opportunity to be on the “other side” of an accelerator program, we were excited to dive in and learn. During this unique experience, we were blown away by how organized, professional and comprehensive the program was. Below highlighted our top 10 take-aways and advice from the 10-week Salesforce Accelerate Build Program:

We are thrilled to kick off Cohort 12 and welcome another batch of Trailblazing Entrepreneurs into our Salesforce Accelerate Build program. This is our largest cohort to date with 23 companies spanning 3 regions and 6 countries. Salesforce Accelerate Build is the AppExchange accelerator program for aspiring ISV partners who want to architect and build a targeted solution for AppExchange and grow their business in the Salesforce Ecosystem (learn more here).

We were honored to be one of only six Healthcare Technology Innovators in the US selected to present at the CIO Healthcare Forum. Selected companies had to demonstrate notable traction with customers and sales.