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Revenue Cycle Management | News, Analysis, Insights - HIT Consultant

St. Joseph’s Healthcare System to Implement Cerner’s EHR, Financial and Population Health System

by HITC Staff 04/11/2017 Leave a Comment

Cerner Acquires Siemens Health IT Business for $1.3B

St. Joseph’s Healthcare System has selected Cerner to implement its integrated EHR and revenue cycle management system across its acute, long-term care and ambulatory facilities. The Cerner Millennium EHR and HealtheIntentS, Cerner’s near real-time population health management system that aggregates data from multiple sources, will support St. Joseph’s nearly 1,000 beds. HealtheIntent will establish a longitudinal record, which will provide St. Joseph’s clinicians with a comprehensive, unified
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Intermedix Acquires WPC Healthcare to Optimize Revenue Cycle Through Predictive Analytics

by HITC Staff 04/04/2017 Leave a Comment

Intermedix Acquires WPC Healthcare to Optimize Revenue Cycle Through Predictive Analytics

Intermedix Corporation, a provider of data analytics and cloud-based technology has acquired healthcare data analytics provider WPC Healthcare.  The Nashville, TN-based data analytics company uses machine learning to make predictions about health care conditions providing early notification to health care providers and, ultimately, saving lives while decreasing costs. Financial details of the acquisition were not disclosed. In 2015, Intermedix announced the creation of its analytics business
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Career Step Acquires Panacea Healthcare Solution’s Revenue Cycle Management Divisions

by HITC Staff 02/06/2017 Leave a Comment

Career Step Acquires Panacea Healthcare Solution’s Revenue Cycle Management Divisions

Career Step, LLC, a portfolio company of Revelstoke Capital Partners, a Denver-based private equity firm has acquired the Revenue Capture and Coding and Documentation Divisions of Panacea Healthcare Solutions. After completion of the acquisition, Career Step and Panacea will now provide end-to-end education, consulting and data analytics solution to the revenue cycle and healthcare financial marketplaces. Financial details of the acquisition were not disclosed.For Career Step, the acquisition
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athenahealth, ADP Integrate to Deliver Cloud-Based Payroll to Hospitals

by Fred Pennic 12/06/2016 Leave a Comment

athenahealth

athenahealth, a provider of network-enabled services and mobile apps for healthcare providers has integrated with ADP to to deliver payroll and time and attendance services to the small hospital market. The integration of ADP Workforce Now® payroll and time and attendance solutions with athenaOne for Hospitals & Health Systems® aims to save hospital and health system administrators’ time, effort and money by automating payroll processes and increasing operational efficiencies.Integration
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nThrive Acquires Clinically Integrated Revenue Cycle Provider Adreima

by Fred Pennic 11/29/2016 Leave a Comment

nthrive

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
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UCSF Taps referralMD to Reduce Patient Wait Times

by HITC Staff 11/16/2016 Leave a Comment

referralmd

University of California at San Francisco, Department of Oral and Maxillofacial Surgery (UCSF-OMS) has partnered with ReferralMD, an enterprise patient access platform to reduce patient wait times. As part of the partnership, UCSF has implemented ReferralMD's patient access platform to provide regular feedback to referring providers, prevent lost referrals, and centralize their referral management process. Prior to going live with ReferralMD, UCSF-OMS received faxed referrals from hundreds of
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Revenue Cycle Management Vendor Recondo Lands $16M to Fuel Solutions Growth

by Fred Pennic 11/03/2016 Leave a Comment

Recondo

Recondo Technology, a Greenwood Village, CO-based provider of cloud-based revenue cycle management solutions has raised $16 million in debt and capital funding led by Lehmi Ventures with Bridge Capital serving as the debt partner. The company plans to utilize the funding to support product development investments, particularly in areas of API-enabled revenue cycle content, expanded claims statusing, and authorization automation—all solutions designed to measurably improve financial
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Olathe Health System to Integrate Cerner Revenue Cycle With EHR

by Fred Pennic 10/14/2016 Leave a Comment

Olathe Health System to Integrate Cerner Revenue Cycle With EHR

Olathe Health System, one of the largest providers in the Midwest announced it will integrate its existing enterprise-wide EHR with Cerner Revenue Cycle. The relationship expansion will deliver advanced integration between Cerner’s clinical and financial solutions enables streamlined coordination of care across inpatient and outpatient facilities, as well as independent physician practices. It also is designed to enhance the patient billing experience by enabling data to flow through the system
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MTBC Acquires Revenue Cycle Management Company MediGain

by Fred Pennic 10/05/2016 Leave a Comment

Hospital CFO_New Financing Program Minimizes Impact of ICD-10 Revenue Delay for Private Practices_revenue cycle management

MTBC, a provider of proprietary, web-based EHRs, practice management and mHealth solutions has acquired  the assets of MediGain, a Plano, TX-based revenue cycle management company. The acquisition of MediGain assets includes customer accounts, intellectual property, and offshore operations in India and Sri Lanka.Founded in 2002, MediGain provides revenue cycle management solutions and analytics for the healthcare industry in the United States and internationally. The company offers services in
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TransUnion Acquires RTech for $62M to Strengthen Revenue Cycle Offerings

by Fred Pennic 09/23/2016 Leave a Comment

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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