Medical Billing Transcription makes promotional bid for McKesson customers, Thomas Health System partners with Parallon & more – 9 RCM company key notes

Here are nine recent news updates on nine key healthcare revenue cycle management companies.

Bottom Line Systems, a revenue cycle management technology company based in Crescent Springs, Ky., received equity investment from Riverside Partners, a Boston-based private equity firm.

Codebusters released a new medical coding solution. The latest development of a coding solution for acute care hospitals came from a need to address the profound workforce challenges facing the healthcare industry since the implementation of ICD-10.

CollaborateMD, a cloud-based revenue cycle management solutions company, is releasing its real-time claims submission and editing software this spring. 

Ancor Capital Partners, based in Southlake, Texas, acquired emergency physician revenue cycle and practice management company DuvaSawko, based in Ormond Beach, Fla.

Systems Made Simple, a subsidiary of Lockheed Martin, renewed its contract with the U.S. Department of Veteran Affairs Veterans Benefits Administration to speed up the processing time of veterans' disability claims.

In a promotional bid for McKesson's customers, Medical Transcription Billing is offering users of McKesson's software products, an exclusive deal if they switch to Medical Transcription Billing EHR platform.

Thomas Health System, based in Charleston, W. Va., plans to transition its hospitals to MEDITECH 6.1. Health IT consulting and services company Parallon will help the hospital make the EHR transition.

Syncordia Technologies, based in Toronto, Canada, entered into an agreement to acquire 80 percent of the issued and outstanding interests in Prescott, Ariz.-based Billing Solutions.

Healthcare risk management solutions company Talix launched Coding InSight for Payers.

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