Provo, Utah-based Revere Health, an independent multispecialty physician group, has shared plans to lay off 177, with a Nov. 3 date of notice, according to a Utah WARN notice.
The notice comes after Revere Health shared plans to partner with Dallas-based IKS Health, a healthcare technology and revenue cycle management firm, The Salt Lake Tribune reported Sept. 9.
Under the partnership, IKS Health will provide tools like machine learning and automated claims processing to manage billing, collections and denial prevention, which will replace staff-performed “traditional manual processes,” according to a news release shared with the Tribune.
Patient care will not be interrupted by the layoffs, the release said.
Revere Health was founded by three physicians in 1969. It comprises more than 200 physicians, over 200 advanced practice clinicians, more than 2,500 total employees, and more than $350 million in annual revenue, according to a fact sheet on its website.
Becker’s has reached out to Revere Health for comment and will update this story should more information become available.
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