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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Revenue Cycle| Healthcare Finance | Policy, News, Analysis, Insights - HIT Consultant
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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Cumberland Consulting Group Launches Performance Improvement Practice
Cumberland Consulting Group, a leading healthcare strategic advisory, technology implementation and support services firm, has launch a performance improvement practice as part of the firm’s provider services portfolio. The practice will provide results-driven solutions to help healthcare providers improve margins, bend the cost curve and increase operating efficiencies.
The practice’s comprehensive services will range from process redesign and workflow improvement to denial management and
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Report: 66% of Providers to Focus on Improving RCM in 2016
With the ICD-10 transition in our rearview, 66% of providers plan to focus on improving their overall revenue cycle management processes in 2016, according to the post-ICD-10 implementation survey from Navicure. Fifteen percent indicated they would be working towards a value-based care model while another nine percent are updating and automating patient collections strategies. Navicure and Porter Research deployed the survey in December 2015 as the final wave of a research study designed to
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Navigant Acquires Epic-Focused Revenue Cycle Firm for $52M
Navigant Consulting Inc. has acquired Chicago, IL-based McKinnis Consulting Services, a firm specializing in Epic-focused revenue cycle assessment, strategy, and optimization assistance for healthcare providers. Under the terms of the purchase agreement, Navigant paid approximately $49 million in cash and $3 million in Navigant common stock at closing.
The addition of more than 70 McKinnis consultants is a smart move for Navigant as it seeks to gain further market share in the Epic
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MEA|NEA Acquires The White Stone Group to Create Integrated Platform for Secure Health Exchange
MEA|NEA, a provider of secure health information exchange for medical and dental providers, announced today that it has acquired The White Stone Group, Inc., a best-in class provider of healthcare communication management solutions. This acquisition positions the company to create a single, highly-integrated platform for the secure exchange of protected health information and communication management between patients, providers and payers. Financial terms of the acquisition were not
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Closing the Loop on Revenue Cycle Management
I’d like to start with a disclaimer: my colleagues and I are completely focused on empowering consumers to take greater control of their own health. However, since healthcare organizations don’t give a damn about this, I’ve decided to take a different approach: let me help you get paid.
Huh? Those two goals - consumer empowerment and provider collections - seem at direct odds with one another. They are not. Despite what overpaid consultants and healthcare payments specialists are telling you,
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