Becker's Healthcare December 28, 2023
Three health systems struck deals to outsource revenue cycle, health IT and other services with Optum in 2023.
Here is more on why those health systems opted to outsource those services:
Brewer, Maine-based Northern Light Health tapped Optum Jan. 5 to manage its revenue cycle management, information systems, inpatient care management, analytics, project management office and supply chain functions. In March, 1,400 of the system’s employees became Optum employees.
Tim Dentry, Northern Light’s president and CEO, told the Portland Press Herald the deal is expected to save $1 billion over 10 years by outsourcing billing and support operations to Optum.
“Nobody was going to save the day for us in healthcare,” he told the newspaper. “This decision by...