nThrive, an Alpharetta, GA-based provider of revenue cycle solutions has acquired Adreima, a Downers Grove, Ill.-based provider of patient-centered, clinically-integrated revenue cycle services that help patients find coverage and meet their financial obligations, while partnering with health care providers to optimize revenue cycle functions. Financial terms of the acquisition were not disclosed.
For nThrive, the acquisition strengthens it’s patient-to-payment roadmap that are essential to evolving industry dynamics, including patient eligibility determination and enrollment services, which improve the ability of health care providers to identify appropriate programs to fund care and assist patients in gaining access. Adreima’s capabilities also include strong programs supporting patient advocacy and self-pay collections. As patients take on a higher portion of financial responsibility for their care, providers increasingly seek to deliver a positive experience as patients work to resolve their financial responsibility.
nThrive’s technologies, revenue cycle services expertise, analytics depth and education services enhance delivery of Adreima’s core offerings, building on its clinically integrated patient-centric approach. Once integrated, the combined offerings will deliver a better outsourcing cost-to-value proposition for providers and continue to build a pathway for providers to consolidate additional revenue cycle functions to a single supplier.
“We believe providers benefit from a single partner for their revenue cycle management, and we continue to invest in services and technology for our patient-to-payment spectrum of solutions that empower health care for everyone in every community,” says nThrive CEO Joel Hackney in a statement. “Our acquisition of Adreima’s patient-centered, clinically-integrated solutions demonstrates nThrive’s commitment to delivering on our promise to create greater innovation and scale that generates standardized and repeatable clinical, operational and financial performance for health care providers.”
