WellSky Acquires Corridor, Expands Commitment to Offering Best-in-Class Coding, Revenue Cycle Management Services for Post-Acute Industry
Healthcare IT Today October 30, 2023
The Combined Companies will Work Together to Bolster Providers’ Ability to Improve Financial Performance and Succeed in Value-Based Care Arrangements
WellSky, a leading health and community care technology company, announced today that it has acquired Corridor, an end-to-end tech-enabled services platform designed for the post-acute care industry’s toughest challenges, from HealthEdge Investment Partners, a healthcare-focused private equity firm. 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.
Given the increasingly complex and frequently changing regulations that complicate coding and billing processes, healthcare organizations are turning to trusted and experienced coding and RCM providers who can...