Press Releases

CareEco partners with another large national consulting firm to deliver value for their client in the form of underpayment detection and payor contract evaluation. This is the second firm that is ranks as one of the Top 10 largest in their respective category, bringing the total revenue for these combined organizations to over $3.5B from over 150 global locations and 16,000+ experts.

These engagements, some of which are white-labeled and some showcase the CareEco brand and team, displays CareEco’s ability to leverage its multi-contextual engine to look for opportunities across clinical, coding, financial, and contractual contexts. Traditionally these comprehensive assessments require decades of experiences and months of work to generate these insights and outputs; CareEco processes the data and mines for multi-level insights in a matter of weeks with its advanced technology platform and data engine. Empowering the experts at these consulting firms to deliver more comprehensive results, faster than ever before is at the core of CareEco’s mission to help organizations achieve their full potential.

About CareEco --

CareEco is a healthcare software and services organization working to improve healthcare by improving healthcare operations. Powered by proprietary technology and advanced AI, CareEco leverages their suite of products to unlock value for provider organizations in the areas of RCM and payment efficiency, coding accuracy and effectiveness, and clinical quality management. Headquartered just south of Nashville in Brentwood, TN, CareEco has offices both located both domestically and internationally. www.CareEco.ai

CareEco is proud to announce the addition of Josh Willeford as a strategic advisor for the CareEco Leadership team. Josh brings years of experience leading and maturing organizations’ financial and operational processes and products. As a CFO for multiple successful startups, he brings valuable insights on navigating the complexity in the healthcare industry and scaling an organization.

Josh has his Master in Accountancy degree from The University of Tennessee and lives in Nashville with his wife and kids.

CareEco is proud to announce the addition of Nick Burnett as Chief Strategy Officer. Nick has a strong background in building and scaling organizations in a number of healthcare settings. He has experience leading both healthcare and technology teams globally and is passionate about developing culture within an organization.

Nick has MBA from Vanderbilt University and lives in Nashville with his wife and son.

CareEco, a leading provider of healthcare revenue integrity services, announced the successful closing of a multi-million dollar funding round from private investors. This investment will accelerate the company’s growth, enabling it to expand operations and meet the rising demand for its innovative, AI-powered Revenue Integrity & Recovery services.

Founded by experienced healthcare operators and innovators, CareEco leverages its proprietary artificial intelligence engine to ensure healthcare providers and self-insured employer groups are paid accurately and promptly according to provider contracts. The company’s advanced technology reviews clinical documentation, coded claims, payor responses, and payor contracts to identify and rectify errors in claim submissions or payment processing, driving improved cash collections while reducing denials and administrative burdens.

CareEco's powerful AI system reviews every submitted claim through multiple context filters to identify any errors in medical coding, billing submission, or payor adjudication. CareEco’s services, offered through contingency-based recovery contracts and SaaS-based solutions, empower hospitals, health systems, and provider groups to optimize revenue cycles to increase efficiency, reduce wasted efforts, and improve revenue and profit.

Additionally, Clients have the option to implement advanced technology in the areas of denial management, coding enhancement, underpayment detection, and quality metrics. CareEco's dashboards give organizational leaders targets and measurable results as they work to align resources within their organization or to audit 3rd party partners.This system gives RCM professionals from both multi-billion dollar health systems and smaller practice groups the detailed analysis and next step suggestions for resolution, based on billions of claims analyzed and the latest payor adjudication trends.

CareEco leadership emphasized the importance of scaling this service to provide these benefits to more provider groups, fueled by this latest growth investment round to fund the expansion of these products and services. “We are deeply appreciative of our investors, many of whom have supported CareEco through multiple funding rounds as we’ve scaled our operations,” said Corey Johnson, Co-Founder and CEO of CareEco. “This latest round of funding empowers us to expand our team to better serve our growing client base. Our growth over the past 18 months reflects the trust our clients place in us and we’re excited to continue delivering value to our clients and partners.”

The company is guided by a board of advisors that including Nashville healthcare veterans Joseph R. Hutts and Dr. Marc Watkins.

For more information about CareEco and its transformative solutions, visit https://www.CareEco.ai

CareEco signs formal partnership agreement with MDResources, a nationwide network of leading healthcare consultants and experts focused on delivering value-added solutions to providers, payors, and employers. CareEco leverages their advanced platform powered by its proprietary AI engine to enable provider organizations to increase their margin, reduce the administrative burden of RCM activities, and prevent underpayments to ensure they are paid appropriately for the services provided. Based out of Fresno, California, MDResources has over 27 years of experience enabling healthcare leaders to leverage industry-leading solutions and deliver lasting value to their organizations.

CareEco CEO Corey Johnson shared this of the MDR relationship “We are thrilled with the partnership with Greg and the whole MDR team and have seen an immediate impact from their nationwide reach.” Johnson continued, “The MDR network has embraced CareEco with open arms, and we have found several highly complementary partner organizations within the MDR network that align with our mission.”

MDR President & CEO, Greg Eisele, LFACHE said “Every healthcare leader we speak with looks for ways to improve their overall operational and financial effectiveness; CareEco’s suite of software and services can make the difference in super-charging teams and improving profit margins for healthcare organization, RCM companies, and industry consultants.”

About MD Resources, Inc. ("MDR™") --

Serving organizations for more than 27 years as a Resource Capability & Business Development Company, MDR™ is led by a nationwide network of subject matter experts, experienced C-Suite Executives, and Physician Leaders. MDR™ identifies, vets, and strategically utilizes breakthrough Best Practices™ to optimize the financial, operational and strategic objectives of our healthcare and non-healthcare clients. www.MDResources.net

About CareEco --

CareEco is a healthcare software and services organization working to improve healthcare by improving healthcare operations. Powered by proprietary technology and advanced AI, CareEco leverages their suite of products to unlock value for provider organizations in the areas of RCM and payment efficiency, coding accuracy and effectiveness, and clinical quality management. Headquartered just south of Nashville in Brentwood, TN, CareEco has offices both located both domestically and internationally. www.CareEco.ai