Memphis, Tenn.-based Methodist Le Bonheur Healthcare has selected Ensemble Health Partners to manage its revenue cycle operations.
Ensemble will assume full responsibility for end-to-end revenue cycle operations across Methodist Le Bonheur’s six hospitals, according to a July 16 news release from the RCM company.
“This strategic partnership with Ensemble reinforces our mission to improve every life we touch by providing exceptional, innovative and compassionate care,” Methodist Le Bonheur CEO Michael Ugwueke said in the release. “By leveraging Ensemble’s revenue cycle expertise and innovation, we will drive meaningful financial performance improvement and operational efficiency, ultimately benefiting the patients and families we serve every day.”
With the agreement, Ensemble now manages $42 billion in net patient revenue for its clients.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.