Emdeon considers IPO, Leidos 4Q revenue down 9%, MedAssets adds C-suite members, Precyse helps generate 1k jobs & more – 7 key notes on revenue cycle management companies

Here are seven recent news updates on key players in the healthcare revenue cycle management space.

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athenahealth received a mean price target of $149.80 from 20 research brokerages, according to a report by The Markets Daily.

Emdeon is having talks with banks about filing an initial public offering. The company’s market capitalization could be between $4.2 billion and $5.4 billion, according to a report by The Street.

Leidos reported $1.17 billion in revenues for the fourth quarter of fiscal year 2015, down 9 percent from $1.29 billion in the same period last year.

Charles O. Garner was promoted to chief strategy and transformation officer at MedAssets and Anthony Colaluca Jr., joined the company as CFO and executive vice president.

Elmhurst (Ill.) Radiologists selected McKesson Business Performance Services for integrated revenue cycle, financial management and consulting services.

Research firm KLAS ranked Parallon as the Category Leader in Revenue Cycle Outsourcing it its annual report for a second year.

Precyse and non-profit education center Vermont HITEC have partnered to address workforce development needs in Vermont. Through the partnership, Vermont HITEC will employ 1,000 people in healthcare and information technology roles, according to a Healthcare IT News report.

If you have a question, issue or note to suggest on revenue cycle management company, please contact Carrie Pallardy at cpallardy@beckershealthcare.com.

More articles on revenue cycle management:
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Revenue cycle management outsourcing is a trend set to expand
Solving the revenue cycle paradox: What options do struggling hospitals have?

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