Revenue cycle management company R1 RCM is joining forces with Intermountain Healthcare to build a 30,000-square-foot innovation and technology center in Salt Lake City.
The R1 Technology and Innovation Center, scheduled to open in May, will be used to develop RCM solutions and adopt artificial intelligence, robotic process automation and other technologies that can be used for revenue cycle improvement at healthcare organizations.
The center will include a virtual revenue cycle model office, serve as a client experience center and support Utah's technology community.
R1 President and CEO Joe Flanagan said the center "leverages R1's technology investments, Intermountain's leadership role in healthcare and the rich pool of talent available in the Salt Lake City area. We are committed to investing in technologies that help providers address these and other challenges which may arise as payment models evolve."
Intermountain Executive Vice President and CFO Bert Zimmerli said the center "will position Intermountain Healthcare, R1 and Salt Lake City at the forefront of the healthcare industry's financial transformation."