M&A: WellSky’s Acquires Corridor to Expand Medical Coding & RCM Services

HIT Consultant October 12, 2023
Jasmine Pennic

What You Should Know:

– WellSky, a health and community care technology company, announced it has acquired Corridor, an end-to-end tech-enabled services platform for the post-acute care industry, from HealthEdge Investment Partners. Financial detials of the acquisition were not disclosed.

– By adding Corridor to its portfolio, WellSky will expand its medical coding and revenue cycle management (RCM) offerings to help care providers increase efficiency and improve performance across clinical, financial, operational, and compliance areas.

Corridor Background

Founded in 1989, The Corridor Group Holdings, LLC (Corridor) is a leading provider of technology-enabled outsourced coding, revenue cycle and education solutions to the post-acute healthcare industry. Corridor has a proven track record as a leading tech-enabled services partner to post-acute...

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