Here are four things to know.
1. The combined business will offer revenue integrity and recovery solutions as well as revenue cycle management, consulting and interim management services, the companies said via news release. Specifically, this includes solutions such as transfer diagnosis-related group, DRG validation and zero balance underpayment recovery, to name a few.
2. Both companies together will serve more than 1,500 healthcare organizations nationwide.
3. IMA and Revint leaders will continue to manage and grow the merged entity.
4. A majority investment from New Mountain Capital facilitated the combined company, the companies said.
More articles on healthcare finance:
Dignity Health-CHMC raises record $650k for community hospital services
The 8 Mississippi rural hospitals in ‘excellent’ and ‘poor’ financial health
Fitch affirms ‘A-‘ rating on Washington Hospital
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