Here are four things to know.
1. With the acquisition of Transpirus, Corridor becomes the largest national provider of full service revenue cycle, clinical documentation review, advisory and education services dedicated to home health and hospice, according to a news release.
2. In connection with the transaction, Ron Malone, principal of Transpirus and former CEO of Gentiva Health Services, will become a member of Corridor’s board and offer guidance to Corridor leaders, the release states.
3. Speaking on the transaction, Des Varady, CEO of Corridor, said in the release: “Combining with Transpirus strengthens Corridor’s ability to deliver services at scale and in a tailored way to meet each client’s needs. Additionally, both companies have unique capabilities in technology, consulting and education that further expand the value we can deliver together,” he said in the release.
4. The transaction was completed Dec. 23, 2016.
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