Quorum Health Corporation, an operator of general acute care hospitals and outpatient services has selected R1 RCM to provide end-to-end revenue cycle management services across Quorum Health’s portfolio of hospitals and outpatient centers. After conducting a competitive vendor selection, Quorum Health selected R1 and anticipates going live in the second half of 2019.
Benefits for Quorum Health
R1’s platform integration with existing infrastructure is expected to improve revenue cycle operations while driving down costs, increasing revenue and transforming the patient experience. Through its subsidiaries, Quorum Health owns, leases or operates a diversified portfolio of 26 affiliated hospitals in rural and mid-sized markets located across 14 states with an aggregate of 2,458 licensed beds.
“Working with R1 will allow us to transition our revenue cycle management activities to a platform that aligns with the needs of our hospitals,” said Alfred Lumsdaine, Quorum Health’s Executive Vice President and Chief Financial Officer. “R1’s technology-enabled platform and revenue cycle operations experience will help with a smooth transition, as well as providing near-term visibility to meeting our financial goals. In addition, our partnership with R1 represents an exciting opportunity to better serve our patients through an improved overall healthcare experience.”
Quorum Health joins a prestigious roster of R1 customers, including Intermountain Healthcare, Ascension and AMITA Health.