Three things to know:
1. R1 announced June 3 plans to buy Cerner’s RevWorks services business and commercial, non-federal client relationships.
2. The deal is valued at $30 million, according to R1’s June filing with the U.S. Securities and Exchange Commission.
3. As part of the acquisition, RevWorks employees are being offered positions with R1 and Cerner will begin providing R1’s revenue cycle services to its current and potential clients.
“We’re thrilled to be working with R1 on this transaction as we’ve had a great partnership for some time,” said Brenna Quinn, senior vice president of revenue cycle management at Cerner, according to the news release. “We are committed to growth and transformation that drives simplicity, scale and more cost-effective solutions for global healthcare.”
More articles on EHRs:
US state department to deploy Allscripts EHR: 3 things to know
Epic in the headlines — 6 latest stories
Allscripts posts $8M net loss for Q2: 4 notes
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
