R1 RCM
R1 RCM is a revenue cycle management partner for hospitals and healthcare systems, offering technology-driven solutions that improve both patient experiences and financial performance. Founded in 2003 and based in Chicago, Illinois, the company provides comprehensive end-to-end revenue cycle management services. These services encompass all aspects of revenue cycle infrastructure, including personnel, technology solutions, and process workflows. R1 RCM's operating model, based on the R1 Performance Stack, is designed to integrate seamlessly into healthcare organizations, regardless of their payment models or patient engagement strategies. The company focuses on delivering sustainable improvements in operating margins and cash flows while also enhancing satisfaction for patients, physicians, and staff. The majority of its revenue is generated from operating fees.
VisitPay LLC is a company that specializes in online patient revenue management solutions, designed to help patients manage their healthcare accounts independently. The platform provides a comprehensive financial engagement tool that consolidates billing information from various healthcare providers and health plans, allowing patients to easily view, verify, and pay their medical bills. By integrating with multiple billing systems, VisitPay enhances the collection of outstanding balances owed by patients, thereby improving revenue for hospitals and health systems. The company also offers a suite of self-pay solutions, including business intelligence, reporting tools, and consulting services aimed at optimizing self-pay management practices. Founded in 2010 and headquartered in Boise, Idaho, VisitPay has an additional office in Lehi, Utah.
Cerner - RevWorks
Acquisition in 2020
Cerner’s Revenue Cycle Management solutions and services help organizations use automation to streamline operations, reduce administrative functions, control the cost to collect, make sound business decisions and, ultimately, work to create healthier financial outcomes across acute and ambulatory venues.
SCI Solutions is a provider of healthcare business process software, serving a national network of over 550 hospitals, diagnostic imaging centers, physician groups, and post-acute organizations. The company offers a cloud-based platform that enhances healthcare systems through patent-protected, workflow-enabled community solutions, facilitating patient care coordination across various service areas. With more than 1.5 billion transactions processed annually, SCI's Order Facilitator and Schedule Maximizer offerings are recognized as leading platforms in referral management and network scheduling. These tools help healthcare providers improve outpatient volumes, coordinate patient transitions, and enhance revenue compliance while reducing network leakage. By utilizing advanced rules and workflow engines, SCI Solutions allows users to proactively manage patient scheduling and resource allocation, ultimately improving physician loyalty, patient satisfaction, and revenue acceleration. The company's commitment is to improve the healthcare system, ensuring that every provider network it serves benefits from its applications designed to optimize patient access and engagement.
Intermedix Corporation is a technology-enabled service provider focused on the healthcare sector, offering a range of solutions including revenue cycle management, practice management, and data analytics. Founded in 1983 and based in Nashville, Tennessee, the company serves approximately 15,000 healthcare providers and connects over 95 percent of the U.S. with its population management technologies. Intermedix specializes in utilizing cloud-based technology to enhance efficiency in practice management and emergency management, while also addressing incident documentation needs. As of May 2018, Intermedix operates as a subsidiary of R1 RCM Inc.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at
support@teaserclub.com. Your feedback is most welcome.