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M&A: Medsphere Systems Corporation Acquires Micro-Office Systems

by Jasmine Pennic 11/19/2020 Leave a Comment

M&A: Medsphere Systems Corporation Acquires Micro-Office Systems

What You Should Know: - Medsphere acquires Micro-Office Systems (MOS), developer of systems integration and communication tools. MOS will retain its name and will serve as a division of Medsphere moving forward. Medsphere Systems Corporation today announced the acquisition of Micro-Office Systems (MOS) in a move that will even further enhance the value and usability of Medsphere’s affordable healthcare IT solutions and services. With over 30 years of healthcare
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Verisk Acquires MSP Compliance Provider Franco Signor for $160M

by Fred Pennic 09/11/2020 Leave a Comment

Verisk Acquires MSP Compliance Provider Franco Signor for $160M

What You Should Know: - Verisk acquires Franco Signor, a Bradenton, FL-based full-service provider of MSP compliance software and services for $160M. - Property/casualty insurers, self-insureds, and TPAs will benefit from the most comprehensive suite of fully integrated Medicare compliance solutions and greater access to the nation’s top Medicare experts. Verisk, a data analytics provider, announced today that it has acquired Franco Signor, a Medicare Secondary Payer (MSP) service
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Banner Health to Implement Cerner Revenue Cycle Management Across Enterprise

by Jasmine Pennic 07/16/2020 Leave a Comment

Banner Health to Implement Cerner Revenue Cycle Management Across Enterprise

What You Should Know: - Cerner and long-time client Banner Health announced a new deal to implement a comprehensive suite of revenue cycle management solutions as part of a long-standing strategic alignment to use health care technology to drive population health improvement. - The revenue cycle integration will take place across Banner Health’s entire system, including 28 hospitals and clinics in six states. Banner Health and Cerner, today announced it is expanding
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Revenue Cycle Startup Medpilot Nabs $1.7M to Expand Patient Financial Engagement Platform

by Fred Pennic 11/29/2018 Leave a Comment

Revenue Cycle Startup Medpilot Nabs $1.7M to Expand Patient Financial Engagement Platform

MedPilot, a patient financial engagement platform working with outpatient facilities, hospitals, revenue cycle management companies, and practice management systems, announced it has raised $1.7 million in funding led by Hudson River Capital Partners, Valley Growth Ventures, Cedars-Sinai, TechStars, and investor Tom Hirschfeld. MedPilot’s will use the latest round of funding to further bolster their team and roll out additional new functionality in their patient financial engagement platform for
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Advocare to Replace GE Centricity with eClinicalWorks EHR & Revenue Cycle Platform

by Jasmine Pennic 06/05/2018 Leave a Comment

Advocare to Replace GE Centricity with eClinicalWorks EHR & Revenue Cycle Platform

Advocare, LLC (“Advocare”), a physician-owned and physician governed multi-specialty medical group, today announced that it will replace GE Centricity with eClinicalWorks EHR and revenue cycle management platform. eClinicalWorks cloud-centric platform V11 will provide Advocare, one of the largest independent health systems, with the latest evolution of the core EHR to streamline and improve overall efficiency and communications and encourage preventive care for its patients. Advocare has nearly
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Cognizant Acquires Bolder Healthcare Solutions to Expand Revenue Cycle Management Services

by Fred Pennic 03/12/2018 Leave a Comment

Cognizant Acquires Bolder Healthcare Solutions to Expand Revenue Cycle Management Services

Cognizant today announced it has agreed to acquire Bolder Healthcare Solutions, Louisville, KY-based provider of revenue cycle management (RCM) solutions to hospitals, physician practices and other specialist healthcare organizations in the United States. Financial details of the acquisition were not disclosed and is expected to close in the second quarter of 2018.RCM software and processes integrate and automate healthcare administrative and medical data to ensure benefit eligibility and
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MU Health Care to Implement Cerner Revenue Cycle Management Across 5 Hospitals

by Fred Pennic 03/01/2018 Leave a Comment

MU Health Care to Implement Cerner Revenue Cycle Management Across 5 Hospitals

University of Missouri Health Care, in Columbia, has selected Cerner, a global leader in health care technology, to help manage revenue cycle performance across its five hospitals and more than 50 primary and specialty care clinics.MU Health Care will soon integrate Cerner’s registration, scheduling, patient accounting and practice management solutions and transaction services with its existing electronic health record (EHR), Cerner Millennium. The integration of clinical and financial data will
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Presence Health Taps R1 RCM for End-to-End Revenue Cycle Management

by HITC Staff 02/16/2018 Leave a Comment

R1 RCM, End-to-End Revenue Cycle Management Services Phreesia Partner to Provide Seamless Front-End Patient Experience

R1 RCM Inc., a provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced that Presence Health based in Chicago, Illinois has selected R1 to provide its end-to-end RCM services across the Presence Health system’s acute care hospitals and physician care settings.Presence Health has more than 150 locations in Illinois, including 10 hospitals. As part of the anticipated agreement to manage Presence Health’s $2.2B annual net patient revenue,
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Navicure, ZirMed Rebrands As Waystar for End-to-End Revenue Cycle Technology

by HITC Staff 02/01/2018 Leave a Comment

Navicure, ZirMed Rebrands As Waystar for End-to-End Revenue Cycle Technology

Revenue cycle management providers Navicure and ZirMed, who merged in November 2017, today announced the re-branding of the combined organization under the new name Waystar. The rebranded company Waystar simplifies and unifies the healthcare revenue cycle with innovative technology that empowers clients to collect more with less cost and less stress, so they can focus on their goals, patients, and communities.Waystar brings together the two rev cycle organizations that offers cloud-based,
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Intermountain, R1 RCM Expands Enterprise Revenue Cycle Management Partnership

by Fred Pennic 01/24/2018 Leave a Comment

R1 RCM, End-to-End Revenue Cycle Management Services Phreesia Partner to Provide Seamless Front-End Patient Experience

Today, R1 RCM announced an expanded partnership with Intermountain Healthcare to be the exclusive RCM provider across all Intermountain patient care sites, including inpatient and preventative care settings. The expanded relationship enables the transformation of Intermountain’s revenue cycle process for RCM performance improvement, cost savings and other positive impacts to efficiencies, but more importantly to the patient experience. Intermountain will rely on R1 to provide and manage the full
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