Parallon
Parallon, based in Franklin, Tennessee, is a prominent provider of healthcare business and operational services. The company collaborates with hospitals, healthcare systems, and non-acute care providers to enhance their business performance through its extensive industry expertise. Parallon offers a comprehensive range of services, including revenue cycle management, technology solutions, workforce management, consulting, group purchasing, and supply chain services. Their revenue cycle services are designed to optimize collections and operational efficiencies, covering aspects from patient registration to account resolution. Additionally, Parallon provides specialized support in areas such as bad debt collections, Medicaid eligibility, and physician billing. By leveraging its deep knowledge and proven practices, Parallon aims to deliver measurable results that help clients navigate the complexities of the healthcare landscape.
The Outsource Group is a leading provider of first-party and third-party receivables management services to the healthcare industry. The company has more than 25 years of experience working with hospitals and physicians’ groups on accounts receivable management and bad debt collections. Licensed to operate nationwide, the company is headquartered in St. Louis, MO and there are call centers in St. Louis and Columbia, MO and Austin, Texas. The company’s core competencies include early-out, insurance follow-up, and bad debt collections. In 2005, ClearLight Partners partnered with a seasoned industry executive to recapitalize and grow the company. ClearLight exited its investment in The Outsource Group in July 2013.
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