Becker's Healthcare December 6, 2023
Andrew Cass

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...

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