Breaking News

Healthcare technology innovator, Stephen Passalacqua, joins tevixMD as CEO to accelerate company growth

Healthcare technology innovator, Stephen Passalacqua, joins tevixMD as CEO to accelerate company growth

JUPITER, Fla., Feb. 2, 2022 /PRNewswire/ — tevixMD, a industry chief in supplying precise affected person verification and insurance plan eligibility info that increases economical general performance for healthcare providers and patients, is happy to announce that Stephen Passalacqua has joined the business as CEO.  Stephen was most just lately head of Business and Enterprise Innovation at Care Logistics LLC, a Jackson Healthcare company, in which he led customer acquisition, marketing, strategic partnerships, and gross sales operations.  Prior to joining Treatment Logistics, Stephen was COO of NextWave Overall health Join and COO of simplifyMD in which he productively led initiatives to raise their customer foundation.  He also experienced a number of senior executive roles at McKesson Engineering Options (now Modify Wellness), a McKesson corporation, where he led gross sales, promoting, and enterprise advancement for the firm’s $100M+ Clinical Imaging business.

Mr. Passalacqua joins tevixMD at an opportune time, as the business had its very best 12 months at any time in 2021, with a file calendar year for transactions by it really is real time smart data platform and profits expansion of 89% vs. 2020.  Launched in 2014, tevixMD has a patented system that has revolutionized promises processing to reduce rework.  Foremost Lab, Earnings Cycle Administration, Urgent Care, Hospitals, ACOs, Specialty Tests, and Retail overall health providers rely on tevixMD to supply clear, precise insurance policy details the initially time they process a claim.  tevixMD’s system employs nominal facts to determine patients’ latest insurance policy, Medicare Beneficiary Identifier (MBI) range, and deductible standing info up front, saving time and revenue on rework and escalating supplier income circulation by an average of 30%.

“I’m energized to be signing up for tevixMD at such a vital juncture for the company, as we search to supply our sector leading promises lookup platform across the Health care field to lower denials and rework and develop a greater patient and service provider experience,” stated Mr. Passalacqua.  “I am seeking forward to having tevixMD’s development to the subsequent level by encouraging suppliers address the growing payment problems in health care.”

“We couldn’t be additional thrilled about obtaining a chief like Stephen be part of tevixMD,” claimed William (Todd) Andros, Chairman, founder, and previous CEO of tevixMD, who will move into the role of Main Technique Officer. “His monitor file of expansion, innovation, and securing partnerships to support scale companies is unparalleled in Health care, and we’re self-assured he’ll just take tevixMD to the subsequent degree.”

tevixMD was launched in 2014 and delivers coverage and other individual info by means of a patented platform of related expert services which enables healthcare vendors to detect protection and deductible information and facts for people to competently course of action promises and get paid out.  The enterprise was founded to make improvements to the money effectiveness of healthcare companies and by carrying out so make improvements to healthcare and individual satisfaction.  It is really the only platform that provides authentic-time exact affected individual facts and insurance coverage/MBI protection info utilizing minimal individual identification information and facts. Learn additional at

Source TevixMD

Healthcare technology innovator, Stephen Passalacqua, joins tevixMD as CEO to accelerate company growth