Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

Healthcare Cost Transparency Disruptor Making Telehealth Reimbursement Problems Moot

VSee telehealth and Sheen Health cost transparency disruptor team up to eliminate the guesswork from telehealth reimbursements using machine-learning technology to provide instant, accurate telehealth cost estimates


News provided by

VSee

Sep 26, 2018, 07:00 ET

Share this article

Share toX

Share this article

Share toX


SAN JOSE, Calif., Sept. 26, 2018 /PRNewswire-PRWeb/ -- VSee, the telehealth system behind Trinity, MDLIVE, and NASA International Space Station, is partnering with Sheen Health, a ground-breaking solution for getting accurate and personalized healthcare costs, to bring cost transparency to telehealth visits at or before point-of-care.

While most health systems and physicians no longer question the value and feasibility of telehealth, ambiguity around telehealth reimbursement continues to be a barrier to uptake. With varied state telehealth parity laws and changing billing codes such as the recent retirement of the GT modifier, "Can I get paid for doing telehealth?" continues to be a question without clear answers for many providers. While some avoid the complexity of the reimbursement maze by focusing on cash-based models, the majority of providers still have to rely on insurance reimbursements for revenue. Being able to instantly know telemedicine coverage before delivering care gives providers the building block to start offering telehealth services. It allows them to have clear answers about coverage without time-consuming administrative effort or having to ask patients to take on that responsibility. Patients are also more likely to use telehealth if they know their financial responsibility. Sheen Health's cost transparency solution solves this exact problem.

Being able to instantly know telemedicine coverage before delivering care gives providers the building block to start offering telehealth services. It allows them to have clear answers...without time-consuming administrative effort.

Post this

Using a proprietary machine-learning algorithm, Sheen Health's solution is able to provide accurate, real-time telehealth cost estimates that work across insurance companies. The solution incorporates contracted rates from provider system, real-time service type-specific benefit and accumulator information from payers, care details from user input, and adjudication logic using its proprietary algorithm. With the integration of Sheen Health into VSee's online clinics, providers will have direct access to a critical tool for quickly and seamlessly building telehealth into their established workflows.

VSee CEO Dr. Milton Chen says, "As a telehealth company, we quickly realized that we couldn't focus only on ensuring that the technology works. Practices and their patients frequently come to us with questions about telehealth costs, and whether insurance covers the visit. We realized early on that if we want to make telehealth work, we have to be able to provide those answers. With Sheen Health we're able to easily provide this information for any type of telehealth visit, which is critical to any practice's financial success."

Sheen Health CEO Aneesh Kumar adds, "We are thrilled to partner with VSee in increasing telemedicine uptake. Point-of-care patient payments and telemedicine are the future of healthcare."

A key purpose of telehealth is to increase access to care, improve health care efficiency, and lower health costs. Thus, cost transparency solutions such as Sheen Health provide important data for measuring and realizing those goals.

However, telehealth is not the only area that can benefit from health cost transparency. Across the US healthcare system, the lack of point-of-care costs has resulted in $120 billion/year in patient bad debt, tens of billions of dollars in unnecessary administrative expenses, and frustrated patients.

Dr. Chirag Vaidya, Partner at Nephrology Associates of Upland and Pomona, says, "Patient bad debt is an increasing burden for most practices. Sheen Health has a breakthrough solution for this long-standing problem. Their cloud-based solution provides real-time and accurate point-of-care costs for outpatient care. Patients become aware of their out-of-pocket responsibility, and providers are able to collect patient dues promptly."

Sheen Health will be presenting at the VSee Telehealth Secrets: New Revenue and Care Models & Happy Providers conference in Silicon Valley, Oct. 2–4, 2018. Seating is limited and may be reserved at vsee.com/conference.

About VSee
VSee is the telehealth company behind NASA Space Station, Trinity, Ascension MDLIVE and 1,200+ customers, and the parent company of This American Doc medical group—an airbnb-like company for physician staffing. VSee empowers health organizations and practitioners to achieve better patient care and improved efficiency through simple, scalable telehealth. Its modular platform provides powerful flexibility to fit a wide range of workflows from ER diversion to e-ICU to on-call specialist consults to chronic care management. Learn more at vsee.com.

About Sheen Health
Sheen Health's industry-leading solution enables point-of-care patient payments by providing accurate and personalized healthcare costs. It combines provider system data with benefit information from insurance companies in real-time. Benefits for practices are a reduction in patient bad debt, lower administrative costs, and greater patient satisfaction. More information is available at sheenhealth.com.

SOURCE VSee

Related Links

http://vsee.com/

Modal title

VSee Telemedicine Video System
VSee Telemedicine Video System
Sheen Health Offering
View PDF
Sheen Health Offering
VSee Telemedicine Video System Sheen Health Offering

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.