Waud Capital Partners will acquire Revenue Cycle Solutions, a vendor of revenue cycle applications for hospitals and group practices. Terms were not announced. The move is part of an effort by Waud Capital to build a patient account resolution company. Established in 2002, Revenue Cycle Solutions serves over 100 provider organizations with account resolution, self-pay and aged receivables recovery services. “Hospitals face increasing profit and process challenges with the continuing shift toward higher patient-responsibility for co-payments and deductibles,” said David Neighbours, a partner at Waud Capital, in a statement.
Register or login for access to this item and much more
All Health Data Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access