nThrive completes $1.74B acquisition of TransUnion Healthcare

Healthcare revenue cycle management software provider nThrive has completed its acquisition of TransUnion Healthcare, the healthcare data and analytics business of TransUnion.

Advertisement

nThrive, which is backed by Clearlake Capital Group, signed a definitive agreement in October to acquire TransUnion for $1.74 billion.

The acquisition will provide a complete “end-to-end” RCM technology and software solution, according to a Dec. 17 news release.

The deal combines the two organizations’ specialties to improve the patient experience through more accurate check-in solutions and allows payers to use socioeconomic data to find members at risk of requiring expensive care, according to the release. It also reduces medical costs and increases access to care through insurance tools that will help payers provide benefits coverage to more active insurers, the release said.

“By offering our integrated solutions under one brand umbrella, we can provide healthcare organizations with a more predictable and accurate view of their financial performance while meaningfully improving the patient experience,” nThrive CEO Hemant Goel said.

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.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.