From its acquisitions to a new name, here are four recent headlines about the revenue cycle management company nThrive:
1. nThrive completes TransUnion Healthcare acquisition
The companies said the $1.74 billion deal combined their specialties to provide more accurate patient check-ins and allow payers to use socioeconomic data to find members at risk of requiring expensive care. The acquisition was completed Dec. 17, 2021.
An agreement was signed Feb. 8 to acquire Texas software company Pelitas. The acquisition will give providers automated workflow capabilities to financially clear patients before service or at check-in, nThrive said. Pelitas said its patient access software integrates with any EHR or practice management system, eliminating redundancy. Patients will be able check in and make paymentments virtually.
3. nThrive launches end-to-end revenue cycle platform
The company introduced its new platform March 14 and said it will help providers accurately capture dollars and protect the bottom line. Within the platform, nThrive created the clean claims bundle, net revenue optimization bundle, A/R improvement bundle and a regulatory compliance bundle.
4. nThrive changes name to FinThrive
The company said March 28 that it is changing its name to FinThrive as part of a rebranding. It said the new name signals its intention to break the cycle of inefficiency associated with traditional RCM technologies.