top 10 healthcare revenue cycle management companies

Improving the revenue cycle continues to be a challenge for healthcare organizations, as pressures mount to efficiently collect payment . TriumpHealth is a revenue cycle management, predictive revenue analytics, and value-based consulting company who helps medical practices and hospital systems achieve their financial and regulatory compliance goals. BillingParadise was founded as a revenue cycle management company headquartered in California. OM1's outcomes management and predictive analytics tools are designed to take big data and make it meaningful and personalized to institutions. MediMobile offers a highly customizable, enterprise-level suite of tools, including revenue cycle management, practice management, care coordination and business intelligence. Services are designedto accelerate cash flow, improve operating efficiencies, and enhance profitability. Innovaccer is a healthcare technology company that pioneers the Fast Healthcare Interoperability Resource-enabled Data Activation Platform, a smart platform with unified patient records, analytics and decision support tools to enable transparent, real-time and collaborative healthcare.Inovalon (Bowie, Md.). AssureCare is a privately held healthcare technology company that provides innovative care management solutions to commercial and health and human service providers. Olive's solutions use artificial intelligence to optimize the revenue cycle. Global Healthcare Resource is a full-service, international RCM outsource firm with over 20 years of experience providing coding, accounts receivable, end-to-end billing, self-pay and patient experience services to the ambulatory, acute and post-acute segments. It has clients across the U.S. and Europe and has helped healthcare providers save millions of dollars. AGS Health (Washington, D.C.). The company helps patients manage out-of-pocket healthcare expenses, providing upfront funding while decreasing the payment plan administration on the provider side.Hiteks Solutions (New York City). Sagility focuses on business process management and optimizing the customer experience lifecycle. They also provide analytics and reporting tools to help providers identify areas for improvement. Combining the strength of a cloud-based RCM platform with an expert team of AAPC-certified medical coders and billing specialists, the company delivers solutions that focus on increasing revenue and improving cash flow.InfoTechHealthcare (Denver). With respect to revenue cycle management, KPMG works with healthcare and life sciences organizations to optimize revenue operations, which can positively impact a companys financial strength as well as deliver a better patient experience.L J Ross Associates, Inc. (Jackson, Mich.). In this Article, Healthcare Tech Outlook Magazine features list List of Top Healthcare RCM Consulting Companies. In2itive's healthcare business consultants plug into existing software or create a new hosted system to set up a fully transparent workflow that helps organizations keep finances on track.Inbox Health (New Haven, Conn.). Founded in 1978, the company works with healthcare organizations to improve financial performance while maintaining the organization's reputation in the community. MedeAnalytics provides solutions that enable measurable impact for healthcare payers and providers. Sentrii RCM (Painesville, Ohio). Cedar has created the Payer Intelligence Layer, which allows for the integration of data from health insurers and healthcare providers to help create a single source of information for consumers managing medical bills. FinThrive is a network of collaborators, healthcare finance experts and thought leaders - 1,600+ strong - who are rethinking revenue management to make the business side of healthcare a frictionless experience for providers, payers, and patients.Finvi (Muncie, Ind.). Location No. The company collaborates with clients to craft patient engagement, HIM, revenue integrity and AR management solutions in order to achieve financial success. With a focus on solution specialization, accountability, and customer performance through a wide breadth of offerings, including solutions for bad debt, third party liability, eligibility, coding and chargemaster services and denials, users are able to streamline vendor management, staff resources and financials. Fathom provides the highest automation rates and the broadest specialty coverage to help clients increase speed and accuracy while reducing costs.FCI/RevCare (Fairlawn, Ohio). Evidently, the results have yielded more revenue faster than ever. GeBBS Ranked in the Top 10 on Modern Healthcare's List of Largest Revenue- Cycle Management Firms The company provides best-in-class solutions and ensures that services are updated in accordance with the ever-changing guidelines of the U.S. healthcare system. Firstsource is a leading global provider of business process management services offering transformational solutions and services spanning the customer lifecycle across healthcare and other industries. QGenda provides cloud-based automated physician scheduling software to more than 4,000 customers in 45 medical specialties. Founded in 2010, Pendrick Healthcare Partners offers hospital systems and physician networks a suite of customized medical debt solutions, including debt purchasing, active thirdparty servicing and debt leasing, all of which help to accelerate cash flow for patient accounts in collections. In 2022, Med-Metrix acquired PatientPal, a strategic move that brings front-end RCM software to Med-Metrixs existing suite of patient intake and service technologies.MediMobile (Georgetown, Texas). Inovalon also plays a key role for healthcare business offices, offering a single solution for clearinghouse services, claim scrubbing and editing, appeal processing and denial management.InstaMed (Philadelphia). Cynerio visually maps all network connections in a hospital and uses artificial intelligence and machine learning to diagnose the connections and monitor the medical context of information being exchanged.DaisyBill (Claymont, Del.). The companys goal is to revolutionizehealthcare revenue cycle management and back office operationsat the most competitivecost in the industry.Ingenious Med (Atlanta). Nordis delivers innovation, flexibility, scalability and cost management without needing major investments in IT upgrades or efforts. With an emphasis on patient satisfaction and outstanding revenue recovery, their RCM experts provide unmatched results in early-out self-pay, customer service, insurance billing and follow-up, denials and appeals management, and third-party debt collection.Signature Performance (Omaha, Neb.). Xtend Healthcare (Hendersonville, Tenn.). Promantra is a provider of revenue cycle management services that offers end to end revenue cycle management services through its billing company partners and helps healthcare facilities such as hospitals, physician groups and surgery centers streamline their RCM.Promedical (Lexington, Mass.). In addition, Zync delivers efficiency gains for those in revenue cycle by accessing all payer portals in one single application. The company's end-to-end integrated patient engagement platform is powered by big data, analytics and automated workflow decisions that communicate with the patient on billing and payments. The easy-to-deploy application helps users optimize efficiency and maximize cash flow. This is GeBBS' fifth appearance since its inaugural rank in 2016. Janus provides a robust revenue cycle management solution that blend automation with intelligent human support. Oncology Revenue Services specializes in oncology billing and revenue consulting. To date, the company has trained over 30,000 doctors, five physicians at a time, at some of the most prestigious health systems in the United States. Medical Consults is a nationwide full-service revenue cycle management company. Nordic provides consulting services focused on strategy, technology and operations. The company gives insight into digital health, operational transformation and healthcare consumerism with clinical and health management services.Access Healthcare (Dallas). A new technology the company developed provides visibility to clinical documentation in real time and is currently used to maximize revenue through reconciliation.MediSync (Cincinnati). The company's solutions and services include revenue cycle management, virtual care, remote patient monitoring and more. AssureCare (Cincinnati). The company provides coding support, health information management leadership, clinical documentation improvement, audit validation review and revenue integrity solutions to help healthcare organizations manage their revenue cycles.Harmony Healthcare IT (South Bend, Ind.). Harmony Healthcare IT offers a product that allows users to decommission legacy systems and secure records in the long term. The company is able to integrate with disparate legacy systems, resulting in a complete remittance processing solution for multi-vendor billing environments. Revenue Synergy is a leading provider of revenue cycle management, staffing support, and technological solutions for healthcare providers. Hospitals and healthcare centers constantly look to make the entire RCM efficient even if it implies seeking any outside help. Customers maintain a resource that can promptly respond to any issues and keep track of their revenue cycle, provider credentialing and regulatory compliance needs.TriZetto Provider Solutions, a Cognizant Company (Earth City, Mo.). It was started with one laser-focused goal, which is to offer fair and just compensation for services rendered without undue delay or reduction in reimbursement for providers of medical services.Accuity (Mount Laurel, N.J.). Our industry-leading technology and analytics identify the right payer, at the right time, for the right amount, ensuring clients collect the appropriate revenue for their complex claims. Upfront Healthcare helps medical practices grow market share through the transition from fee-for-service to value-based care. It has a software-as-a-service platform that engages patients in their care and ensures a consistent patient payment experience. The company's EHR solutions provide automated suggested coding, as well as practice management systems and business operations services. Moreover, practices can consult P3 Healthcare Solutions for Medicare credentialing and enrollment and HIPAA security risk analysis accounts receivable in addition to the whole revenue cycle management process.Parallon (Nashville, Tenn.). Optum recently combined with Nashville, Tenn.-based Change Healthcare in order to increase efficiency and ultimately create better, lower cost outcomes.OSG Diamond Healthcare Solutions (Carol Stream, Ill.). Accounts Receivables & Revenue Cycle Consulting LLCwas established originally in 2000. Infinx provides revenue cycle management solutions for healthcare practices in multiple specialties, including radiology, pharmacy, pathology and plastic surgery. Integra Connect's technology-enabled RCM solution optimizes revenue for specialty practices operating under both fee-for-service and value-based payment models.InTouch Health (Santa Barbara, Calif.). The company's mission is to improve the financial performance of providers through personalized service using best in class people, process and technologies. Knack Global is a comprehensive solution provider for revenue cycle management, technological solutions and staffing support for healthcare providers. AKASA (San Francisco). Our powerful revenue cycle resources enable patients with a more seamless and fulfilling bill care experience, leading to peak revenue optimization for healthcare providers.Zync (Carrollton, Ga.). Meduit (Charlotte, N.C.). Top 10 Revenue Cycle Management Solution Companies are ABW Medical, athenahealth, Axea Solutions, Curae, DENmaar, EMP Claim Solutions, Enter.health, Mid Michigan Medical Billing Service, Inc., TractManager, Tru The company helps hospitals, ASCs and medical practices with revenue cylce management, processing more than 31.2 million claims per year.CorroHealth (Plano, Texas). ClaraPrice is a digital health company that provides cost estimates for surgery. We provide tailored extended business office solutions, bad debt recovery, physician billing and coding and denials management services.Crossroads Health (Gardena, Calif.). Top 10 Revenue Cycle Management Solutions Companies - 2022 Maintaining a good revenue cycle in today's healthcare market is a tough challenge. MedX's services assist organizations with the 277 claim status. Top Revenue Cycle Management Consulting Companies - Healthcare Tech Outlook Lightning Bolt Solutions is the leading provider of automated physician scheduling for hospitals and health systems around the world, managing more than 3 million physician shift hours each month. ClearBalance maintains the industry's highest patient financing repayment rate at 90 percent nationally. Trained on over 400M encounters and capable of coding for a range of medical specialties, Fathoms AI technology reduces costs, increases coding accuracy, and shortens turnaround times from days to minutes for leading health systems, physician groups, and billing companies.FinThrive (Alpharetta, Ga.). The company can provide comprehensive low- and no-interest payment options for all patient balance types. InfoTech Healthcare is committed to providing the healthcare industry with innovative ways to recover uncollected money. The company combines revenue cycle management technology and business intelligence with exceptional customer support. Rivia Health's intelligent payment engagement platform reduces administrative operational costs and helps healthcare organizations reach financial goals by increasing patient payments. With over 10 years in the industry, EMPClaims helps small and medium-sized medical practices and physician groups to streamline their billing processes and optimize revenue. TailorMed offers a unique value proposition in healthcare improving the financial performance of healthcare providers (e.g., hospitals, oncology centers and healthcare systems) while reducing economic hardships for patients. Its inpatient clinical documentation review strategy combined with powerful technology and analytics helps identify opportunities where clients realize an average 350 percent return on investment.AccuReg (Mobile, Ala.). The company provides a web-based ASC clinical documentation system solution, ASC management solution and analytics designed specifically for the outpatient setting.Surgical Notes (Dallas). Resolv Healthcare provides revenue cycle management solutions to healthcare providers to assist with contracting, credentialing, coding and billing processes, as well as reimbursement analysis.Resource Corporation of America (Clear Lake Shores, Texas). Voted us 'Best Places to Work in Collections' for 2021, in the Large Company category, by insideARM.RevCycle (Marshfield, Wis.). The company currently manages more than 109 million unique individual accounts across the revenue cycle for over 4,400 healthcare clients. Medphine is a comprehensive, end-to-end practice management company, focused on improving overall profitability and efficiency of the healthcare providers and entities. PJ&A Solutions include clinical documentation, coding and auditing and revenue cycle management.PFC USA (Greeley, Colo.). With more than 30 years of revenue cycle expertise, the company's services help healthcare organizations uncover missed revenue opportunities in underpayments and denials, price transparency and value-based reimbursement.Precision Medical Billing (Houston). Medaptus offers a comprehensive revenue cycle optimization platform that has delivered measurable returns for hundreds of physician groups, hospitals, infusion clinics and other care settings. AccuReg appeared on Inc. 5000's Fastest Growing Private Companies in 2019 and launched its Estimate My Cost patient-facing tool in June 2019. Solutions are built on the proprietary Newton AI platform, which combines machine learning, robotic process automation and business process management. The company's client installations worldwide function on Alvaria's omnichannel premise, cloud and hybrid platforms to manage customer contacts.Americollect (Manitowoc, Wis.). AKASA is the leading developer of AI for healthcare operations. To learn more about revenue cycle challenges and how hospitals and health systems are addressing them, the Healthcare Financial Management Association (HFMA) surveyed 108 hospital and health system CFOs and revenue cycle management (RCM) executives. The company focuses on hospital, medical group and radiology collections to recover patient payments. By integrating proven servicing methodologies throughout the entire patient-financing life cycle, the company consistently sees high utilization rates, successful patient retention for Medfinancial and hospital partners, and industry-leading repayment rates.Medical Consults, LLC (Stamford, Conn.). Launched in 2011, Boncura Health Solutions, a subsidiary of Duly Health and Care, has grown to serve more than 14,000 provider partners as well as manage more than 500,000 lives and process 2.5 million claims per year. Cotiviti offers solutions and analytics for payers, providers and employers to collaborate and improve the healthcare revenue cycle. Its CMX platformautomatically and autonomously translates clinical notes into billing codes that satisfy coding requirements, ensuring claims consistently represent the unique and complete episode of care while reducing the human coding workload. Advantum offers full-service revenue cycle solutions including billing, credentialing, pre-authorization, referral management and intuitive analytics dashboards through one vendor.Advata Inc. (Bellevue, Wash.). Revenue Cycle Management Company Savista Expands Services More Broadly State Collection Service, a Healthcare Financial Management Association peer-reviewed organization, helps providers maximize the cash value of self-pay patient revenue while improving their patients' financial experience. In 2019, Athenahealth and Virence Health merged to create a new Athenahealth that increased the companys data, expertise and customer base.Atom Healthcare (New York City). Since 1996, Surgical Information Systems has served around 3,000 surgical facilities and 10,000 operating rooms across North America. Jive Software offers a single platform for care coordination, critical communication and EHR experience. ALPHARETTA, GA / ACCESSWIRE / May 9, 2023 / Savista, a healthcare revenue cycle management services company with 30 years of experience, is expanding its . The company provides services such as demo entry, charge entry, coding, accounts receivable follow-up and E/B verification to hospitals and physician groups. The company earned a Best in KLAS designation in 2023. They aimed to enable healthcare providers to focus more on patient care, their core competency. Ingenious Med focuses on improving physician productivity and hospital performance. The company is focused on helping hospitals succeed with value-based care and alternative payment models, optimizing outcomes and providing tools to predict high-risk patients that can lower the total cost of care.Omega Healthcare (Boca Raton, Fla.). Healthcare IP is an integrated clearinghouse partner to hospitals, health systems and provider organizations, advocating data transparency and better user experience in the revenue cycle. The company provides data integration solutions that facilitate health information exchange, EHR interfacing and integration, population health management and quality reporting among disparate clinical systems.Lightning Bolt Solutions (San Francisco). RevCycle provides class services ranging from coding to claim denial management, insurance follow-up, point-of-service solutions and patient responsibility collections in addition to other services.Revecore (Franklin, Tenn.). Relatient is a web-based patient relationship and engagement solution that uses real-time healthcare data to communicate with patients. The company offers medical coding, billing and collections services as well as data entry and accounts receivable management. IC System, privately owned since 1938, is an expert in healthcare billing collections. Founded in 2008, the company aims to protect data and healthcare systems while reducing the risk for online fraud.Phreesia (Raleigh, N.C.). The company aims to make the business of healthcare easier through its intuitive cloud-based technologies and regulatory content expertise.Voluware (Huntington Beach, Calif.). Founded more than 30 years ago, the company tailors services to each client and aims to provide efficient, compliant and quality-driven revenue cycle assistance.Sherloq Solutions (Tampa, Fla.). Sentrii also has extensive anesthesia RCM experience.Serbin Medical Billing (Fort Myers, Fla.). Elevate Patient Financial Solutions, formerly MedData and RevClaims, is a national provider of healthcare technology solutions designed to engage patients and improve financial outcomes throughout the healthcare continuum.
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