ATLANTA & IRVINE, California—Stance Health Solutions, a provider of home medical equipment (HME) and respiratory services in California, has selected MediStreams to automate its explanation of benefits (EOB) conversion processes, accelerating cash posting and reducing manual workload for the revenue cycle team across its growing operations.
Formed from the merger of SG Homecare and Western Drug Medical Supply, Stance Health Solutions said it is building a foundation to support its growth strategy, which includes adding new payers and expanding across and beyond California.
“As an HME provider, our revenue cycle is growing more complex every day—rental products, renewals and ongoing payer compliance all generate a significant volume of correspondence and manual posting work,” said Nils Windler, CFO of Stance Health Solutions. “We needed a partner with deep expertise in health care payments, and that’s what we found with MediStreams. Now, we can post payments faster, reduce global labor costs and lay the groundwork for scalable growth. Their payer-level configurability is a real differentiator in this industry.”
“We understand the unique complexities of the HME industry—the recurring revenue models, the payer diversity and the paper-heavy workflows HME providers face," said Joe Maher, president and CFO of MediStreams. "Our platform is purpose-built to help these organizations automate payments and scale efficiently.”
Stance Health Solutions also leverages MediStreams’ EOB conversion platform to address payers that are unable to generate 835 electronic remittance files. MediStreams turns scanned paper EOBs into fully automated, ANSI-compliant 835 files, delivering data that integrates directly into the organization’s electronic health record and billing platform, Brightree.