R1 will be the health system’s exclusive RCM provider for the next 10 years, according to a May 9 R1 news release.
ScionHealth launched in December 2021 and comprises 61 long-term acute care hospitals previously owned by Kindred Healthcare and 18 short-term acute care community hospitals previously owned by LifePoint Health, according to the news release. ScionHealth operates in 25 states.
“R1’s expertise will help us to standardize our approach across our [long-term acute care hospitals], enable greater use of data to drive optimal financial outcomes and ensure our dedicated hospital team members can remain focused on providing patients the highest quality care,” ScionHealth CFO Joel Day said in the news release.
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