In a move that delivers technology advances to both community hospitals and skilled nursing facilities, healthcare technology provider Healthland has acquired Rycan, a healthcare revenue cycle solutions firm based in Minnesota.
Rycan will continue its focus and expansion within large health systems and their stand-alone client base, in addition to strengthening revenue cycle offerings across the continuum of care for rural hospital customers of Healthland and skilled nursing facility customers of American HealthTech (AHT), a leading electronic health records provider acquired by Healthland in 2013. “This acquisition is timely considering Medicare cuts, changing payer markets and new payment models that are straining the typical billing and collections efforts for acute and post-acute care organizations,” said Chris Bauleke, Healthland CEO. “We are expanding our ability to help hospitals of all sizes and skilled nursing facilities increase revenue, accelerate reimbursement and add efficiencies,” he said.
“This acquisition is timely considering Medicare cuts, changing payer markets and new payment models that are straining the typical billing and collections efforts for acute [Read more…]
