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Healthcare Technology: R1 RCM deal shines light on revenue cycle sector

Lloyd Price

The attraction is simple: Financial sponsors and strategics continue to see blue sky for growth both organically and through acquisition in a highly fragmented market that quite literally pays the bills in healthcare. RCM software helps hospitals, doctors and other healthcare groups bill for services and collect payments.

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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

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5 Must-Haves in a Patient Financial Communication Platform

Healthcare IT Today

But many patients are, in fact, unhappy with the current state: 49% of all adults and 74% of millennials would consider switching providers for a better payment experience, according to InstaMed’s 2021 annual consumer survey on healthcare payments. However 78% of providers still primarily collect from patients with paper and manual processes.

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AI and Automation in Healthcare – 2025 Health IT Predictions

Healthcare IT Today

We reached out to our incredible Healthcare IT Today Community to get their insights on what will happen in the coming year and boy did they deliver. RCM will be managed by AI-powered agents every step of the way, including generating appeals letters, submitting appeals to payers, and converting paper EOBs to ERAs.

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Veradigm Strengthens Award-Winning Revenue Cycle Services Portfolio with Acquisition of Full-Service RCM Company

Healthcare IT Today

a leading provider of healthcare data and technology solutions announced today the acquisition of Koha Health , a full-service revenue cycle management (RCM) company. About Veradigm Veradigm is a healthcare technology company that drives value through its unique combination of platforms, data, expertise, connectivity, and scale.

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AGS Acquires Offshore Patient Access BPO Unit from Availity

Healthcare IT Today

AGS Health strengthens its position as the leading provider of outsourced prior authorization services AGS Health , a leading provider for tech-enabled revenue cycle management (RCM) solutions and strategic growth partner to healthcare providers across the U.S., With more than half of U.S.

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WellSky Acquires Corridor, Expands Commitment to Offering Best-in-Class Coding, Revenue Cycle Management Services for Post-Acute Industry

Healthcare IT Today

By adding Corridor to its portfolio, WellSky will expand its medical coding and revenue cycle management (RCM) offerings to help care providers increase efficiency and improve performance across clinical, financial, operational, and compliance areas. For more information, visit wellsky.com.

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