What You Should Know:
– Healthcare industry leaders Ventra Health and ADVOCATE RCM announced a groundbreaking merger today, joining forces to become one of the nation’s largest and most advanced providers of end-to-end revenue cycle management (RCM) services.
– This strategic move expands Ventra’s reach beyond its core specialties in anesthesia, emergency medicine, and hospital medicine, while ADVOCATE RCM gains access to Ventra’s extensive resources and network.
Merger Impact
Ventra gains immediate access to ADVOCATE RCM’s expertise in radiology and other facility-based specialties, offering clients a comprehensive suite of RCM solutions. The combined organization boasts best-in-class technology and a shared commitment to continuous innovation, further streamlining RCM processes and optimizing financial performance for clients. Clients of both companies will benefit from the combined expertise of two industry leaders, ensuring exceptional service and consistent revenue results.
“Bringing ADVOCATE RCM’s talent and technology under our umbrella strengthens our commitment to exceptional RCM and solidifies our position as a trusted partner for healthcare providers nationwide,” said Steven Huddleston, Ventra CEO in a statement.
Financial details of the merger were not disclosed.
