Becker's Healthcare December 6, 2023
R1 RCM is acquiring revenue cycle management company Acclara from Renton, Wash.-based Providence.
R1 entered into a definitive agreement to acquire Acclara for $675 million and warrants to purchase 12.2 million shares of R1 stock, according to a Dec. 6 R1 news release. At the closing of the deal, Acclara and Providence will enter into a 10-year agreement for the company to provide comprehensive RCM services for the health system.
Acclara supports patients and providers through streamlined billing...