Here are 11 recent updates on revenue cycle management companies.
1. Lenexa, Kan.-based Mediware Information Systems finalized an agreement to acquire Austin, Texas-based Kinnser Software from Insight Venture Partners in New York City.
2. Portsmouth, N.H.-based Seacoast Laboratory Data Systems, a company offering software solutions and services for hospital outreach labs, unveiled an enhanced solution aimed at improving revenue cycle.
3. The Queen's Health Systems in Honolulu will use Greenwood Village, Colo.-based Recondo Technology's ClaimStatusPlus, which aims to automate claim status and remediation processes.
4. Tampa, Fla.-based Encoda, a healthcare reimbursement automation and services provider focused on medical business offices, will extend its U.S. operations.
5. Plano, Texas-based Praxis Healthcare Solutions, a provider of healthcare revenue integrity and recovery services, named Kyle Cole executive director of business development.
6. Philadelphia-based private equity firm LLR Partners invested in Brentwood, Tenn.-based Kemberton Healthcare Services, a provider of technology-enabled revenue cycle management services.
7. Billerica, Mass.-based OrboGraph, a provider of healthcare revenue cycle management and healthcare payment automation solutions, unveiled its expanded payment platform for providers — OrboAccess.
8. Los Angeles-based Payscout, a global payment processing provider, partnered with Ann Arbor, Mich.-based HealPay, a software solutions provider, to increase processing volume and acquire new card-not-present merchants.
9. Columbus, Miss.-based Data Systems Management and Nashville, Tenn.-based Accordias Healthcare Services extended their alliance and technology partnership for financially struggling rural community hospitals.
10. Carmel, Ind.-based Zotec Partners announced a new RCM agreement with Professional Radiology in Cincinnati.
11. New York City-based FAIR Health, a healthcare data analytics and consumer education firm, is expanding its allowed amount resources this summer.