Parallon
Parallon, headquartered 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's offerings encompass a broad range of services, including revenue cycle management, group purchasing, supply chain solutions, technology support, workforce management, and consulting services. Additionally, the company provides business office services, self-pay and early-out services, bad debt collections, Medicaid eligibility assistance, third-party liability collections, physician billing, accounts receivable services, and payment compliance services. By leveraging its specialized knowledge at every stage of the revenue cycle, Parallon helps clients achieve measurable improvements in operational efficiency and financial outcomes.
The Outsource Group
Acquisition in 2013
The Outsource Group is a prominent provider of receivables management services specifically tailored for the healthcare sector, boasting over 25 years of experience. Headquartered in St. Louis, Missouri, with additional call centers in St. Louis, Columbia, and Austin, the company specializes in accounts receivable management, including early-out services, insurance follow-up, and bad debt collections. Its comprehensive offerings encompass healthcare revenue cycle management, addressing various payment sources such as commercial, managed care, Medicare, Medicaid, and workers' compensation, as well as credit balancing auditing and self-pay collections. The Outsource Group has established itself as a trusted partner for hospitals and physician groups, ensuring effective management of their financial operations.
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