Here are six health systems that have transferred revenue cycle department staff to RCM companies since July 14:
1. Chillicothe, Ohio-based Adena Health System announced Jan. 19 that it is sending 340 revenue cycle department employees to Ensemble Health Partners' payroll as part of a plan to boost the system's financial stability. The employees who are transitioning will maintain their current salary and seniority when the change goes into effect March 5. Adena has partnered with Ensemble since 2018, and many of the transitioning employees are remote.
2. Owensboro (Ky.) Health selected Optum Jan. 10 to manage its revenue cycle operations and IT services. Optum is hiring 575 employees from the health system.
3. Maine-based Northern Light Health tapped Optum Jan. 5 to manage its revenue cycle management, information systems, inpatient care management, analytics, project management office and supply chain functions. In March, 1,400 of the system's employees will become employed by Optum.
4. West Burlington, Iowa-based Great River Health said Oct. 4 it was outsourcing medical coding to Omega Healthcare, effective Nov. 1. Omega offered the 35 affected employees permanent, full-time positions at similar compensation and benefits packages.
5. Pittsburgh-based St. Clair Health selected R1 RCM Aug. 25 to serve as its primary end-to-end revenue cycle management provider for the next 10 years. About 150 St. Clair Health revenue cycle employees were offered comparable positions, pay and benefits with R1 RCM.
6. Sacramento, Calif.-based Sutter Health chose R1 RCM July 14 to be its exclusive end-to-end revenue cycle service partner for the next 10 years. As part of the agreement, about 1,150 Sutter revenue cycle employees were offered comparable positions, pay and benefits with R1 RCM.