Becker's Healthcare January 18, 2024
Andrew Cass

R1 RCM completed its acquisition of revenue cycle management company Acclara from Renton, Wash.-based Providence.

Upon closing, R1 RCM begins a 10-year agreement to provide comprehensive RCM services for Providence, according to a Jan. 17 R1 news release.

R1 announced in December that it signed a definitive agreement to acquire Acclara for $675 million and warrants to purchase 12.2 million shares of R1 stock.

Acclara supports patients and providers through streamlined billing and payment processes, improves financial...

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