Certive to acquire 2 RCM companies for $20M

Certive Solutions will acquire two companies engaged in revenue cycle management services for hospital systems as part of a strategic decision to expand into new markets.

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Scottsdale, Ariz.-based Certive will pay a combined purchase price of $20 million for the acquisitions. The company aims to complete both transactions by March 31.

Certive has yet to release the names of either company.

Certive co-founders Van Potter, CEO, and Brian Cameron, CFO, believe the acquisitions will allow the company to engage in new areas of revenue cycle management for healthcare providers. 

More articles on revenue cycle management: 

Survey: 66% of hospitals to focus on better RCM in 2016
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Houston hospital reaches deal to keep hospital doors open after patient shooting

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