HIT Consultant December 8, 2023
Fred Pennic

What You Should Know:

R1 RCM Inc. (NASDAQ: RCM), a provider of technology-driven solutions for healthcare providers, announced a significant strategic partnership involving the acquisition of Acclara and a 10-year revenue cycle management agreement with Providence, one of the nation’s largest health systems.

– The acquisition of Acclara for $675M in cash and warrants will bolster R1’s offerings and position it as the “trusted partner of choice” in comprehensive revenue cycle management. Acclara’s technology platforms and experienced team will enhance R1’s capabilities in patient access, coding, billing, and more, ultimately improving financial performance for healthcare providers.

Strategic Partnership with Providence

As part of the deal, Providence has chosen R1 as its long-term...

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Topics: Health System / Hospital, Mergers & Acquisitions / JV, Provider, RCM (Revenue Cycle Mgmt), Technology, Trends
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