Frist Cressey Ventures

Our very own Michael Mercurio was recently featured in an article by HealthLeaders, where he discusses how Mass General Brigham’s revenue cycle team has successfully automated over 80% of their radiology-related coding with the CodaMetrix platform. ?? Mercurio highlights how the CodaMetrix platform has been instrumental in optimizing revenue cycle processes, improving coding quality, reducing denials, and ultimately lowering costs on the backend. ?? Mercurio goes on to explain that AI-powered solutions offer a prime opportunity to make work more enjoyable for the humans in the loop. How? By alleviating administrative burdens, AI empowers health systems to deliver greater value to both patients and providers. Read more about how MGB is optimizing revenue cycle processes and driving ROI with the CodaMetrix platform here: https://hubs.la/Q02Z7Wxb0 #CodeLessCareMore #CodaMetrix #AIlinHealthcare #AutomationSuccess

The secret is out! Praia Health is setting the new standard for consumer engagement ROI for health systems, and the evidence is in the full case study. Check out the link below to read how #PraiaHealth has helped Providence achieve over $48 million in ROI during just two years of platform operation (and more!). #digitalhealth #patientexperience #transforminghealthcare

What does 98% patient satisfaction mean for employers??? This score comes from more than 40,000 visits and reflects our unwavering commitment to delivering exceptional care. But why does this matter for you as an employer? High patient satisfaction not only indicates quality care but also contributes to employee engagement and motivation in their care journey. Everyone wins when your team has access to effective, patient-centered healthcare solutions. Join us in redefining digestive health and wellness in the workplace. Discover how Oshi Health may already be available to your population. #EmployeeWellness #PatientSatisfaction #OshiHealth #WorkplaceHealth #HealthcareInnovation

Congratulations to one of our two founders, Bill Frist, M.D.! He was listed as one of the "Heavy Hitters" in the Nashville Business Journal's Power 100, a list of the #NBJ's most influential people in Nashville's business scene. We're thankful to have Bill Frist, M.D. on the Frist Cressey Ventures team as we strive to transform healthcare and improve lives! https://lnkd.in/dXRwgyRu

Thrilled to see that Monogram Health's Mike Uchrin and CareBridge's Brad Smith listed on Nashville Business Journal's 2024 Power 100, the journal's list of the most powerful people in Nashville. Mike and Brad are listed under the "Disruptors" category, and the team at Frist Cressey Ventures has witnessed firsthand how these two healthcare powerhouses have pushed to transform healthcare in new and innovative ways. Congratulations, Mike and Brad! https://lnkd.in/ewdwcZ4a

?? Exciting Partnership News: myLaurel? Teams Up with Ochsner Health! ?? We're thrilled to announce our strategic partnership with Ochsner Health, a leading nonprofit healthcare provider in the Gulf South. Together, we're bringing high-quality acute and transitional care directly to patients' homes. Highlights of this partnership include: ?? 92% reduction in initial and 30-day readmissions for ED and observation unit patients ?? Over 1,000 bed days saved in just 6 months ?? Potential for 200+ new admissions This collaboration showcases how innovative home-based care can significantly improve patient throughput and outcomes while reducing hospital utilization. With plans to expand to three additional Ochsner locations, we're excited about the future of this partnership and the potential to transform healthcare delivery. Are you a health system looking to enhance patient care and operational efficiency? Learn how myLaurel can help: www.myLaurelHealth.com https://lnkd.in/gMS_fPRG #HealthcareInnovation #AcuteCareAtHome #StrategicPartnership #PatientCare

"If you are not spending time ideating, we get worried." - Being part of the Frist Cressey Ventures Collective was a 2024 highlight. Senator Bill Frist, M.D. is an inspiration as he moves confidently and seamlessly from surgeon, to politician to venture capitalist to conservationist while inspiring others to be their best selves. To Caroline Young, Navid Farzad Chloe Duke Coulter Lydia Witty Olivia Capra William T. and the rest of the FCV team, thank you for making me feel part of the FCV family and hosting an insightful days of learning, leading, laughter and song with friends. W/Ling Shao Caroline Carney, MD, MSc, FAPA, FAPM, CPHQ Shanel Fields Matthew Blum Matthew Renfro Kristen Keating Weeks Tom Geddes Jenn Brooks Kaluza Oron Afek Chuck Divita

Frist Cressey Ventures' 2nd annual FCV Forum kicked off this evening - and it's gotten me energized for our next two days of thought-provoking discussion. Last year, we had 5 key leadership lessons that emerged – 1.????Lead with passion – creating that environment & energy in your team creates success. 2.????Staying disciplined and focused on your core competency. 3.????Be committed to culture – “Culture will trump strategy every day of the week” – Alex Gorsky of J&J 4.????Take care of our own personal health - if we’re in this space taking care of others, we’ve got to carve out time to take care of ourselves. 5.????Embrace change. FedEx’s Fred Smith said, “Change is really hard. And if you’ve got an organization that doesn’t know you’ve got to continuously change, you’re going to fail.” Read the full recap from last year in my Forbes column here: https://lnkd.in/eUm5Qddw #entrepreneurship #venture #healthcare

Let's connect at #HCIC24 next week! Join us for happy hour on November 11th at 7 PM CT, sponsored by Praia Health and Cured by Innovaccer. Connect with our team and fellow healthcare leaders over drinks and bites. ?? Reserve your spot: https://lnkd.in/eTGhzJrW

Behavioral Health Tech starts today! Our colleague, Matt Schappell, will be speaking on the "Value-Based Reimbursement: Innovating Payment Models for Better Mental Health Outcomes" tomorrow at 2:15pm MT. A few other friends of Frist Cressey Ventures will be at #BHT2024 as well! Check out SpectrumAi's CEO and Founder Ling Shao will be speaking on the "Wrap Around Services for Families with Autism: This is How It's Done!" panel tomorrow at 9:15am MT, and Blackbird Health is an event sponsor. Make sure to say hello to Matt, Ling, and our friends at Blackbird Health if you're at the event! #BehavioralHealth