Outsourcing

What’s Behind Private Equity’s Interest in RCM Vendors

March 5, 2024 - A major offer from a private equity firm is making waves in the revenue cycle management (RCM) vendor space, showcasing private equity’s interest in RCM vendors and software. New Mountain Capital, a private equity and capital firm headquartered in New York, recently offered to buy all of R1 RCM’s outstanding shares not currently owned by investors. The firm, which already...

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How Do Providers Feel About Extended Business Office Services Vendors?

by Victoria Bailey

As revenue cycle challenges persist, provider organizations are turning to vendors that offer extended business office services (EBOS), a KLAS report indicated. The Extended Business Office Services...

Highlighting Top Revenue Cycle Management Vendors By User Review

by Editorial Staff

Epic, Experian Health, and Waystar are just some of the revenue cycle management vendors performing well across various operations. The 2024 Best in KLAS Software & Services report highlights the top vendors in claims management,...

Firm Selection, Rollout Key Considerations of Revenue Cycle Outsourcing

by Jacqueline LaPointe

Firm selection, contracting, and rollout are among the top considerations shared by providers who recently outsourced revenue cycle management, according to a recent KLAS report. The KLAS report,...

Providers Are Outsourcing Revenue Cycle Services Amid Workforce Shortages

by Victoria Bailey

Ambulatory provider organizations are outsourcing their revenue cycle management services as changing payer requirements and workforce shortages create challenges, according to a KLAS report. The...

61% of Providers Plan to Outsource Revenue Cycle Management Tasks

by Victoria Bailey

As staffing shortages and financial challenges persist, healthcare providers are increasingly considering outsourcing revenue cycle management processes, according to a study from CWH Advisors and...

Medical Billing Companies Spill About Outsourcing Operations

by Jacqueline LaPointe

Nearly two-thirds of medical billing companies have a rising positive outlook about the current state of the revenue cycle outsourcing industry, according to a recent survey from Tebra. The practice...

Hospitals Increase Recruitment Strategies Amid Workforce Shortages

by Victoria Bailey

Hospitals and health systems have increased their recruitment and retention strategies as workforce shortages and high expenses continue to be top challenges in 2022, according to a report from Kaufman...

Medical Billing Outsourcing Market to Grow at 16% CAGR

by Sarai Rodriguez

The medical billing outsourcing market is anticipating historical growth during 2022, with its value expected to grow at a CAGR of 16 percent between 2022 and 2032, according to a recently...

22% of Revenue Cycle Leaders Outsource Outpatient RCM Services

by Victoria Bailey

Over one in five revenue cycle leaders handle their own inpatient revenue cycle management (RCM) operations but have turned to outsourcing for some ancillary and outpatient RCM processes, according to...

Hospital Revenue Cycle Transformation Needed to Boost Performance

by Jacqueline LaPointe

Hospital revenue cycle transformation is needed to elevate poor enterprise performance as a result of the COVID-19 pandemic, experts from healthcare management consulting firm Kaufman Hall reveal in a...

3 Strategies for Revenue Cycle Management Optimization

by Jacqueline LaPointe

Revenue cycle management optimization is a top priority for financial leaders coming out of the COVID-19 pandemic. Last year, healthcare organizations faced significant revenue and volume losses all...

Revenue Cycle Outsourcing Solves Staffing Challenges for AZ Practice

by Jacqueline LaPointe

The billing team at Tucson Gastroenterology was meeting a bar of excellence, according to Julie Wester, contract administrator at the Arizona-based specialty practice. But that bar was threatened when...

Price, Reputation Turn Away Revenue Cycle Outsourcing Customers

by Jacqueline LaPointe

Price tag and vendor reputation are among the top reasons why some revenue cycle outsourcing customers did not select a particular firm, according to a new KLAS report. The report explores market...

Outsourcing on the Mind as Hospitals Pursue Value-Based Care

by Jacqueline LaPointe

Ninety percent of hospital leaders are considering outsourcing both clinical and non-clinical functions to achieve cost-efficiencies and succeed in value-based care models, revealed a recent Black Book...

Third of Providers Regret Revenue Cycle Outsourcing Purchase

by Jacqueline LaPointe

Provider organizations are finding that full revenue cycle outsourcing is not meeting expectations, according to a new market report from KLAS. For the report “Outsourced Revenue Cycle Services...

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