article thumbnail

R1 RCM to Acquire Acclara

Healthcare IT Today

Acquisition of Providence’s Current Modular Services Business Accompanied by 10-Year Agreement to Provide Comprehensive Revenue Cycle Management Services R1 RCM Inc. (R1) health systems. BDT & MSD Partners acted as financial advisor to Providence, and McDermott Will & Emery and ArentFox Schiff LLP acted as legal counsel.

RCM 115
article thumbnail

Finding Balance in Patient-Centric RCM

Healthcare IT Today

In the world of healthcare, this balance not only enhances the patient experience but also enables systems to effectively manage patient communication and financial obligations while delivering optimal clinical care.

RCM 66
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

RCM: Fixing the Old and Adjusting to the New

Healthcare IT Today

Revenue Cycle Management (RCM) is like a one of those huge Lego sculptures. Having a well executed RCM strategy is crucial to keep your organization running because it impacts everything. When things are simple and easy to pay for, patients are happy, the staff is happy, and you are most definitely happy.

RCM 101
article thumbnail

Capital One Serves as Joint Lead Arranger on $2.3 Billion Financing for R1 RCM

Healthcare IT Today

Capital One Commercial Bank , a full-service bank with middle market specialization in many industries, including over 40 healthcare sub-sectors, announced today it served as a joint lead arranger for an amended and restated credit facility for R1 RCM. R1 RCM used the facility, which increased its borrowing capacity from $1.2

RCM 59
article thumbnail

What Trend in RCM Are You Keeping Your Eye on Right Now and Why?

Healthcare IT Today

In search of that answer, we reached out to our wickedly smart Healthcare IT Today Community to see what trends in RCM they are keeping their eyes on and why. Seth Cohen, President at Cedar – Bringing together all of the industries involved in patient billing to create one streamlined network.

RCM 94
article thumbnail

How to Discover Better Insurance Coverage, Together

Healthcare IT Today

Technology can help organizations identify more billable insurance coverage for self-pay patients, maximizing revenue, increasing efficiency and improving patient experience. Many healthcare providers find themselves wondering whether a revenue cycle management (RCM) partner would benefit their organizations.

RCM 139
article thumbnail

Revenue Cycle Management – #HITsm Chat Topic

Healthcare IT Today

Given this event, I thought it would be fun to extend the conversation from the conference and talk about RCM (Revenue Cycle Management) on this week’s chat. Topics for this week’s #HITsm Chat: T1: Why does revenue cycle management only exist in healthcare and not other industries? HITsm #HFMAAnnual. HITsm #HFMAAnnual.

RCM 104