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RevSpring Announces Comprehensive Solution for Medicare Part D Sponsors in Advance of 2025 CMS Mandated Prescription Payment Program

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Configurable, out-of-the-box connected solution supports fast, efficient member outreach, program enrollment and PCI compliant payments

NASHVILLE, Tenn., June 11, 2024 /PRNewswire-PRWeb/ — RevSpring, the leading provider of healthcare and health plan engagement and payment solutions, today announced a comprehensive solution in response to the CMS Medicare Prescription Payment Program requiring health plans to provide co-pay smoothing for members’ out-of-pocket expenses. The program, which goes into effect on January 1, 2025, means Medicare Part D sponsors must notify eligible members and allow them to make out-of-pocket payments over a 12-month period versus all at one time. RevSpring’s easy-to-integrate solution includes effective member OmniChannel engagement, its industry leading payment portal and other convenient payment channels. The solution requires no IT development and can be fully configured quickly, so plans can be operational in advance of the January 1, 2025, date.

We look forward to helping members manage co-pay costs, and ensuring that health plans receive maximum compensation while saving on their member communication and collection expense,” said MacKenzie

The comprehensive solution from RevSpring meets every invoicing and payment collection aspect of the CMS mandate for health plans, including program education and opt-in/enrollment, as well as payment reminders, notifications and collections. RevSpring’s connected solution improves member recruitment rates and provides savings on communication costs. It also improves payment rates in a PCI compliant manner with convenient payment methods, reminders and easy payment collection technology for members and staff, that eliminates financial risks due to slow or no payments, while reducing administrative burdens.

“We are serious about supporting financials in the healthcare market, including health plans that offer Medicare Part D to members,” said RevSpring CEO Scott MacKenzie. “We’re delighted that our industry leading engagement and payment solutions can assist Medicare Part D sponsors as they prepare for this new CMS mandated program. We look forward to helping members manage co-pay costs, and ensuring that health plans receive maximum compensation while saving on their member communication and collection expense.”

RevSpring’s OmniChannel platform takes a digital first approach to intelligently determine the right channels to avoid costly and ineffective communication. Precise engagement helps plans quickly connect with members to encourage early program enrollment. Whether a member responds best to communications delivered via email, text, paper or phone, RevSpring technology identifies the best coordinated channels for individual members to activate faster responses. Digital communications include links to enrollment forms and other required documentation, as well as forms specific to the co-pay smoothing program.

RevSpring provides simple collection options—such as securely storing members’ payment information for ease in collecting future payments through text to pay or autopay. The solution also supports automated phone payments via Interactive Voice Response (IVR) at any time of the day or night that is convenient, as well as staff-assisted phone payments—all in a PCI compliant manner. Reminders can be sent automatically each month to ensure no payments are missed.

RevSpring is available to demonstrate its solutions and answer questions in booth 1536 at the AHIP 2024 conference in Las Vegas.

About RevSpring, Inc.
RevSpring leads the market in healthcare and health plan engagement and payment solutions that inspire patients and members to participate in and pay for their healthcare. We’ve built Engage IQ™, the industry’s only connected patient engagement suite designed to coordinate interactions from pre-care to post-care to payment. RevSpring’s intelligent, holistic platform puts patient understanding at the center of one connected personal experience, allowing providers and health plans to fully optimize patient satisfaction, data accuracy, staff efficiency and financial outcomes. The company’s OmniChannel communications and payment solutions are backed by intelligence, analytics, contextual messaging and user experience best practices. RevSpring was rated #1 for Most New Capabilities in Patient Engagement by KLAS in 2023 and Best in KLAS in Patient Communications in 2024. To learn more, visit revspringinc.com/healthcare. Follow RevSpring on LinkedIn and X (formerly Twitter)..

Media Contact

Kristen Jacobsen, RevSpring, 7639235280, kjacobsen@revspringinc.com, www.revspringinc.com

Kellie Kennedy, The Harbinger Group, 3129334903, kelliek@theharbingergroup.com, www.theharbingergroup.com

View original content:https://www.prweb.com/releases/revspring-announces-comprehensive-solution-for-medicare-part-d-sponsors-in-advance-of-2025-cms-mandated-prescription-payment-program-302169128.html

SOURCE RevSpring

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Bonside Scorecard Launches Alongside Strategic Partnership with Kimco Realty and Nuveen Real Estate

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This partnership will support the launch of Bonside’s forthcoming proprietary underwriting tool

NEW YORK, May 18, 2025 /PRNewswire/ — Today, Bonside, a technology company that provides financial underwriting and funding to brick-and-mortar businesses, announces a strategic partnership with leading real estate investment trust Kimco Realty and global investment manager Nuveen Real Estate. As part of this partnership, both firms made equity investments in Bonside and will be among the first users of the company’s new proprietary underwriting product, the Bonside Scorecard, designed to help commercial landlords more efficiently assess the creditworthiness and risk of new and existing non-credit retail tenants.

The Bonside Scorecard brings much-needed standardization to how commercial landlords evaluate the financial and operational health of retail tenants. Built on the same underwriting process that drives Bonside’s own investment decisions, and 37 transactions to date, the tool enables landlords to quickly and effectively assess tenant performance via accounting software data.

At the nucleus of Bonside is the ability to analyze, standardize and capitalize the rise of non-credit retail. By emphasizing the fundamentals of physical retail, Bonside serves the category with specificity — weighing metrics like 4-wall EBITDA, COGS, labor ratios, and 20+ other industry-specific metrics to bring purpose-built underwriting and an investment-grade mentality to the brick-and-mortar economy. For landlords, this means streamlining and standardizing the tenant diligence process and holistic risk assessments at the property and portfolio level. For tenants, it removes friction and inconsistency, allowing rising concepts to compete for sought-after spaces and sign leases without manual effort.

This partnership marks a major milestone in Bonside’s growth and furthers its mission to define, and service, the brick-and-mortar economy. Since launching in 2023, Bonside has funded 37 deals and has $25 million in assets under management. Their flexible financing model, The Repeatable Revenue Agreement (RRA), gives businesses the opportunity to scale without giving up equity or entering debt, all powered by Bonside’s proprietary underwriting platform.

About Bonside
Bonside is based in NYC and publicly launched in June of 2023, to provide underwriting intelligence and capital to brick-and-mortar concepts, at scale.

Press Contact
Rachel Pietrangelo
rachel@bonside.com
Bonside

View original content:https://www.prnewswire.com/news-releases/bonside-scorecard-launches-alongside-strategic-partnership-with-kimco-realty-and-nuveen-real-estate-302458463.html

SOURCE Bonside

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Stagwell (STGW) Appoints Connie Chan as Chief Growth Officer for Asia Pacific

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A catalyst for growth and innovation, Chan brings decades of cross-market expertise to power Stagwell’s next phase of growth in APAC

SINGAPORE, May 18, 2025 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced the appointment of Connie Chan as Chief Growth Officer, Asia Pacific, effective July 2025. Based in Singapore, Chan will be responsible for leading Stagwell’s growth strategy and operations across APAC markets, with a focus on accelerating transformation, scaling integrated capabilities, and deepening relationships in local markets.

This appointment builds on Stagwell’s growth momentum across APAC on the heels of acquiring ADK GLOBAL earlier this year. Stagwell APAC now encompasses 2,500 employees across 34 APAC offices.

Chan will report to Ryan Linder, EVP, Global Chief Marketing Officer. “As the global marketing landscape continues to shift, Asia Pacific stands out as a region of extraordinary opportunity. Connie’s leadership will be instrumental as we build a network that not only responds to the complexity of today, but sets the pace for what’s next,” said Linder.

“Connie doesn’t just drive growth. She builds momentum that breaks the sound barrier,” said Randy Duax, Stagwell’s Managing Director, Asia Pacific. “We’ve spent the last three years building the kind of platform the holding companies said couldn’t be done—media, creative, strategy and PR moving as one, built for speed, wired for scale. Connie isn’t here to learn the playbook. She’s here to call the next play.”

Chan brings a track record of transformative leadership spanning decades in media, marketing, and strategic communications. Most recently, she served as CEO of OMD China, where she oversaw the agency’s operations in Shanghai, Beijing, and Guangzhou, with a focus on driving growth and creativity, and inspiring teams with a strong focus on culture. Prior to that, Chan held leadership roles at WPP, including Executive Director of the Government & Public Sector Practice in Singapore, and Chief Client Officer for APAC at MEC (now Wavemaker), focusing on strategic client partnerships.

Upon her appointment, Chan reflected, “I’ve always believed in the power of strategic clarity and bold ideas. At Stagwell, we have the talent, the ambition, and the platform to build work that matters – and impact that endures.”

Stagwell

Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 45+ countries are unified under a single purpose: to drive effectiveness and improve business results for our clients. Join us at www.stagwellglobal.com.

Media Contact:

PR@Stagwellglobal.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/stagwell-stgw-appoints-connie-chan-as-chief-growth-officer-for-asia-pacific-302458129.html

SOURCE Stagwell Inc.

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Das Marketing Shares Concerns Over Corporate Service Experience in Singapore

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Das Marketing International reports serious issues with a Singapore service provider, urging businesses to exercise due diligence and know their legal rights.

SINGAPORE, May 18, 2025 /PRNewswire-PRWeb/ — Das Marketing International Group Pte. Ltd. would like to share important information about its experience with an external corporate secretarial provider in Singapore – Investbanq Corporate Services Pte. Ltd.

During our cooperation, we encountered a number of serious operational and management issues that significantly impacted our business, including:

Refusal to carry out key corporate transactions, which caused significant delays in our business, instead requested for unreasonable compliance inquiry including source of fund of the transactions.

Requesting excessive and confidential information and documentation, without clear justification, including reason for transactions, original agreements, source of capital and tax information.

Refusal to arrange a meeting with a compliance specialist despite verbal requests and demands for direct interaction on regulatory matters.

Demanding unreasonably high budget of USD 20k for legal counsel despite low risk situations.

Refusal to perform actions despite clear instructions given as a client.

Overall a horrible client experience.

Fortunately, the current Singapore legislation allowed us to promptly change the nominee director and corporate secretary, restoring control over the management of the company without the involvement of the previous provider.

We strongly recommend that companies operating in Singapore carefully select corporate service providers, enter into written contracts in a timely manner and be well aware of their rights under the Companies Act and other regulations.

Das Marketing International Group Pte. Ltd. remains committed to the principles of transparency, professionalism and strict compliance with Singapore laws.

Media Contact

Director, Das Marketing International Pte. Ltd., 1 3152803039, shgdasm@proton.me

View original content:https://www.prweb.com/releases/das-marketing-shares-concerns-over-corporate-service-experience-in-singapore-302456320.html

SOURCE Das Marketing International Pte. Ltd.

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