R1 RCM

R1 RCM serves as a revenue cycle management partner for hospitals and healthcare systems regardless of the payment models, patient engagement strategies, or settings of care. The company uses a proven operating model based on the R1 Performance StackSM designed to fit seamlessly into any healthcare organization’s infrastructure and to enhance the patient experience, improve provider economics, and provide revenue predictability. R1 RCM was founded on 2003 and is based in Chicago, Illinois.

Kyle Hicok

Executive Vice President and Executive

Anthony Speranzo

Chairman and Board Member

Jennifer Williams

CFO and Executive Vice President

4 past transactions

VisitPay

Acquisition in 2021
VisitPay develops patient-centered self-pay solutions for health care providers. The company specializes in developing reports within revenue cycle management practice area, as well as enables users to merge financial, operational, and clinical information in a common reporting structure. It offers Self-Pay Engine, which provides an integrated suite of services, business intelligence, processes, and payment-producing products that allow hospitals to manage self-pay receivables. In addition, the company offers professional consulting, technology, and advisory services for self-pay management practices and systems that include dashboards and reporting tools, self-pay strategy assessment, data integration, and portfolio valuation services. Further, it provides self-pay process management services, including inventory management, work flow and processes, payment estimation, charity care identification, analytics, vendor management, payment tools and strategies, and legal programs. The company was incorporated in 2010 and is based in Boise, Idaho.

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

Acquisition in 2020
SCI Solutions builds, implements, and operates healthcare business process software for a national network of more than 550 hospitals, diagnostic imaging centers, physician groups and post-acute organizations. SCI’s cloud-based platform transforms healthcare systems using patent-protected, rules-based, workflow-enabled community solutions that orchestrate patient care across service areas regardless of originating or destination systems. Processing more than 1.5 billion transactions annually, SCI’s network and its Order Facilitator® and Schedule Maximizer® offerings remain the most ubiquitous referral management and network scheduling platforms in the health industry. Both offerings are ranked among the Best in KLAS™ by KLAS Research. SCI’s purpose is simply to Improve the Health of the Healthcare System. We are committed to making certain every health system or provider network we serve measurably benefits from our service-oriented applications that have been proven to increase outpatient volumes, coordinate patient transitions, improve revenue compliance and reduce network leakage. Using advanced rules and workflow engines enables users to proactively schedule patient cases and resources across a community provider network to reduce gaps in patient care and network leakage and form the connective tissue for tomorrow’s leading accountable care organizations. Clients benefit from our historical advanced Access Management capabilities that result in improved physician loyalty, patient satisfaction and revenue acceleration. We have made it our business—our passion—to adhere to a philosophy bent on shaping the future of the industry we serve.

Intermedix

Acquisition in 2018
Intermedix delivers technology-enabled services and SaaS solutions to health care providers, government agencies and corporations. The company utilizes data analytics to support approximately 15,000 health care providers with practice management and revenue cycle management services. Intermedix connects more than 95 percent of the U.S. with population management technologies. To learn more visit www.intermedix.com.
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