This week, TransUnion announced it has acquired RTech (Healthcare Revenue Technologies, Inc), a technology-driven healthcare services company helping healthcare providers uncover hard-to-find, billable revenue and implement long-term improvements that generate future value.Under terms of the acquisition, TransUnion has agreed to pay $62 million consisting of approximately $51.9 million paid at closing and up to an additional $6.2 million, deposited in escrow at closing, upon satisfaction of
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Revenue Cycle Management | News, Analysis, Insights - HIT Consultant
UAB Selects Navigant Cymetrix for Hospital Revenue Cycle Operations
University of Alabama at Birmingham (UAB) Health System has signed a seven-year agreement with Navigant Cymetrix to manage revenue cycle operations. The collaborative contract encompasses physician and hospital revenue cycle operations and is intended to provide value and consistency across the health system.As part of its suite of comprehensive revenue cycle management solutions, Navigant Cymetrix effectively and efficiently manages the revenue cycle performance of its healthcare provider
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The State of Healthcare Data Analytics & Reporting: 9 Things to Know
Majority of healthcare organizations do not have have a data analytics solution in place to improve their revenue cycle, yet are currently looking to implement a solution, according to a recent survey conducted by Navicure. Conducted in May and June 2016, Navicure® commissioned Porter Research to conduct a national survey with over 600 healthcare leaders to gauge their current data analytics and reporting processes, challenges and technologies. Here are nine key findings from the
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Fixing Healthcare’s Broken Pre-Authorization Screening & Verification Model
Editor's Note: David Dyke is the Vice President of Product Management & Business Development at RelayHealth where he is responsible for delivering innovation and value to the healthcare providers across revenue cycle management. Among the processes that influence the healthcare revenue cycle, pre-authorization stands out—but not in a good way. It lacks the foundation of a widely-adopted electronic data exchange, resulting in repeated manual, ad hoc methods of securing and confirming payer
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Ontario Systems Acquires Rev Cycle Provider Columbia Ultimate Business Systems
Ontario Systems, a provider of revenue cycle management (RCM) and accounts receivable management (ARM) software and services provider has acquired Columbia Ultimate Business Systems (CUBS™). Based in Vancouver, WA, Columbia provides software and services to outsourced revenue cycle management (RCM) and accounts receivable management (“ARM”) firms as well as government clients. The acquisition will benefit both organizations’ customers through expanded product offerings and access to an even
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MedData Acquires Revenue Cycle Company Cardon Outreach for $400M
MedData, a provider of patient-focused revenue cycle management services has acquired Cardon Outreach, LLC, an integrated revenue cycle management services provider for $400M. Once the acquisition closes, the combined companies will have 2,000 employees. Additionally, each entity will retain its brand and all current facilities will remain in place as they are today. Founded in 1996, Cardon Outreach provides revenue cycle management services and technology solutions focused on helping hospitals
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Experian Health Integrates with Epic’s EMR for Revenue Cycle Optimization
Revenue cycle provider Experian Health announced that its Coverage Discovery® on demand tool is now integrated into Epic’s EMR environment. The integration will provide Epic clients with additional opportunities to find coverage early in the revenue cycle, avoiding the downstream complications and costs associated with missed insurance coverage.Coverage Discovery enables Experian Health clients to proactively reclassify uncompensated care by alerting them of patient coverage across both
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AMN Healthcare Acquires HIM Services Firm Peak Health Solutions
AMN Healthcare, a healthcare workforce solutions and staffing services company has acquired Health Information Management (HIM) services company Peak Health Solutions. Financial details of the acquisition were not disclosed and is expected to be immediately accretive to AMN's earnings per share. The acquisition was funded out of cash on hand and borrowings under the Company's existing revolving credit facility. The business will be included in the Company's Other Workforce Solutions segment for
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MedAssets-Precyse Acquires Healthcare Analytics Vendor Equation
MedAssets-Precyse has acquired Utah based healthcare analytics and consulting company Equation for an undisclosed sum. The acquisition will help MedAssets-Precyse enhanced its end-to-end healthcare financial and clinical business intelligence and analytics solution for the healthcare enterprise. Equation healthcare organizations with the analytic tools and consulting expertise to gain insights to improve healthcare delivery and patient satisfaction while strengthening financial and budgetary
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Amazing Charts Unveils End-to-End Revenue Cycle Management to Small Practices
The era of value-based care is setting in and providers need still need to ensure they receive every dollar earned while giving quality patient care. Small practices need to be diligent about financial processes as coding errors, etc. can result in revenue leakage. To meet this need, Amazing Charts, a provider of EHR and PM systems, announced a new revenue cycle management (RCM) service specific to independent physician practices powered by PGM Billing, a leader of medical billing services.Ideal
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