{"id":1350,"date":"2024-05-01T01:09:49","date_gmt":"2024-05-01T01:09:49","guid":{"rendered":"https:\/\/www.concert.co\/?p=1350"},"modified":"2024-05-21T15:55:22","modified_gmt":"2024-05-21T15:55:22","slug":"lyric-and-concert-expand-partnership-to-deliver-laboratory-payment-accuracy-solution","status":"publish","type":"post","link":"https:\/\/www.concert.co\/blog\/lyric-and-concert-expand-partnership-to-deliver-laboratory-payment-accuracy-solution\/","title":{"rendered":"Lyric and Concert Expand Partnership to Deliver Laboratory Payment Accuracy Solution"},"content":{"rendered":"\n<p><em>The Diagnostics Module\u2014available through Lyric\u2019s expanded partnership with Concert\u2014will seamlessly deliver Concert\u2019s integrated policy and payment accuracy capabilities for a growing scope of laboratory testing<\/em><\/p>\n\n\n\n<p>Lyric, an AI-first leader in payment accuracy, has expanded its partnership with Concert to deliver payment accuracy across a rapidly expanding set of advanced and routine laboratory tests, the companies announced today.&nbsp;<\/p>\n\n\n\n<p>The Diagnostics Module, formerly known as the Genetic Testing Module, will expand to address outpatient infectious disease testing, which has become the largest area of outpatient lab spend for many health plans, due to the increases in testing during the COVID-19 pandemic. Together, Concert and Lyric will deliver a technology solution for laboratory payment accuracy that is transparent, reduces the chance for errors, and is minimally abrasive. &nbsp;<\/p>\n\n\n\n<p>\u201cManaging the growth and complexity of laboratory testing is a top priority for many of our health plan customers,\u201d said Lyric CEO Rajeev Ronanki. \u201cCombining Lyric\u2019s market-leading payment accuracy capabilities with Concert\u2019s data, clinical policies, and AI-powered edits will deliver unparalleled accuracy for our customers and aligns with our strategy to bring best-in-class partner solutions to customers via Lyric\u2019s technology.\u201d&nbsp;<\/p>\n\n\n\n<p>The solution will deliver Concert\u2019s claim editing<em>\u2014<\/em>based on its integrated payment policy and medical policy content<em>\u2014<\/em>through a seamless customer experience. The companies expect to continue to expand this solution to a broadening set of laboratory testing, delivering a level of transparency and accuracy not available from others on the market.&nbsp;<\/p>\n\n\n\n<p>\u201cConcert is rapidly deploying solutions to enable transparency, efficiency, and value in precision health services, including diagnostics and therapeutics,\u201d said Concert CEO Rob Metcalf. \u201cPartnering with Lyric makes these solutions available to customers where they want them, in a solution they use and trust, with minimal implementation and maintenance effort required. The ultimate beneficiary is the health consumer who can access precision healthcare at lower costs.\u201d&nbsp;<\/p>\n\n\n\n<p>Lyric and Concert first partnered in 2023 to deliver an integrated genetic test management solution. The expanded Diagnostics Module is expected to be available to customers in summer 2024.&nbsp;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About Lyric:<\/strong>&nbsp;<\/h2>\n\n\n\n<p>Lyric is a leading AI-first healthcare technology company, committed to simplifying the business of care. Over 35 years of experience, dedicated teams, and top technology help deliver more than $14 billion of annual savings to our many loyal and valued customers\u2014including 9 of the top 10 payers across the country. Lyric\u2019s solutions leverage the power of machine learning, AI, and predictive analytics to empower health plan payers with pathways to increased accuracy and efficiency, while maximizing value and savings.\u202fLyric\u2019s strong relationships as a trusted ally to customers resulted in recognition from\u202fKLAS as \u201ctrue partner\u201d and \u201cexcellent value for investment,\u201d\u202fwith a top score for overall customer satisfaction and\u202fA+ likelihood to recommend in their October 2023 Payment Integrity and Accuracy Report. Discover more at <a href=\"https:\/\/www.lyric.ai\/\">Lyric.ai<\/a>.\u202f&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About Concert<\/strong><\/h2>\n\n\n\n<p>Concert is a healthcare technology company enabling cost-effective access to diagnostics and therapeutics by harmonizing evidence, policy, and payment. Founded in 2010 to bring transparency and efficiency to genetic testing, Concert now offers the definitive precision health payment accuracy platform. The company combines proprietary market data, clinical and coding expertise, and patented technology to support diagnostic test ordering, resulting, coding, coverage, claim editing, and payment integrity. Concert Genetics now operates by its abbreviated name, Concert. For more information, visit www.concert.co.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Diagnostics Module\u2014available through Lyric\u2019s expanded partnership with Concert\u2014will seamlessly deliver Concert\u2019s integrated policy and payment accuracy capabilities for a growing scope of laboratory testing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17,13],"tags":[],"class_list":["post-1350","post","type-post","status-publish","format-standard","hentry","category-health-plans","category-labs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lyric and Concert Expand Partnership to Deliver Laboratory Payment Accuracy Solution - Concert<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.concert.co\/blog\/lyric-and-concert-expand-partnership-to-deliver-laboratory-payment-accuracy-solution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lyric and Concert Expand Partnership to Deliver Laboratory Payment Accuracy Solution - 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