R1 RCM Inc. (NASDAQ:RCM), has for over the past 40 years matched many of the nation’s finest healthcare institutions with the most qualified and dedicated candidates available with a specialty in both short-term and long-term staffing
Intermedix is a leading pioneer in innovations pertaining cloud based technology and data analytics to deliver a world class emergency management solutions, management practices and revenue cycle management.
The company assists more than half a million response and emergency preparedness around the globe besides enabling more than 10,000 health care centers thereby focusing on excellence delivery to patients.
R1 RCM Inc. has also signed a contract with R1 thereby aiming to bring combine this with intermedix to intensify R1’s advantage as a prime technology-supported revenue cycle service provider.
In the current aggressive environment, healthcare systems and providers are continuously facing great challenges in managing their revenue cycles in the most cost effective manners.
There have been great barriers such as organizational cultures, processes, dissimilar information systems integrated with an absence of a perspective analysis for decision making hence practically being impossible to being ahead of demands.
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Also with the increasing patient’s payment responsibilities, and customer aligned expectations, this challenges demand new solutions tailored to meet specific underground leads.
The coming onboard of Intermedix aims to strongly lay a bond with R1 in a move to address the present and future challenges provided by the provider
The deal is expected to come into effect before the end of the last quarter of 2018 which is subject to regulatory approvals couple with other conditions that may be necessitated for operationalization.
In a rejoinder, the R1 CEO stated that one of the next frontiers in healthcare is revenue cycle transformation. In this move, an enterprise-wide approach will untangle bestow the ways in which the patients will be able to approach the revenue cycle.
By merging the intermedix assets to the R1’s techno-services, the health systems and partners will be able to quickly and easily connect revenue cycle operations across every section of care thereby improving the patient’s experiences
The CEO of intermedix also stated that they had become a revenue cycle, practice optimization and data analytics partner for physicians and EMS providers.