HIT Consultant July 7, 2021
What You Should Know:
– Health IT company XIFIN announced the acquisition of Computerized Management Services (CMS), a provider of comprehensive revenue management services for hospital-based radiology groups and imaging centers. CMS provides a comprehensive suite of outsourced financial services focused on maximizing radiology client revenue and cash flow streams. Its services leverage strong technology systems and analytics, including revenue cycle, strategic consulting, credentialing and coding.
– This acquisition builds on XIFIN’s revenue cycle management (RCM) presence within the national diagnostic industry and establishes its position within the $100B radiology market, doubling the company’s total available market when combined with its existing laboratory business.
Acquisition Impact
As radiology departments and imaging centers across the U.S. continue to experience high...