Experian Healthcare expands its industry-leading revenue cycle management
position with acquisition of Passport Health
AUSTIN, Texas, Nov. 21, 2013
AUSTIN, Texas, Nov. 21, 2013 /PRNewswire/ --Experian Healthcaretoday
announced completion of the acquisition of Passport Health, which brings
together complementary capabilities across the entire healthcare revenue cycle
and positions the organization as a market leader in healthcare information
The addition of Passport Health's physician orders, scheduling, patient
access, patient engagement, population health management and claims management
services will enable Experian Healthcare to offer its clients a single source
for helping them to increase revenues, decrease risk and drive improved
"We are excited about the many opportunities created by the acquisition and
are looking forward to continuing to help healthcare organizations tackle
their most complex challenges in an ever-changing environment," said Dan
Buell, general manager of Experian Healthcare. "Bringing together Experian and
Passport Health's proven revenue cycle expertise, market-leading products and
analytics capabilities enables us to meet the revenue cycle needs of hospitals
and physician practices now and into the future."
Experian Healthcare and Passport Health's products and services will be
combined to create an end-to-end revenue cycle management platform for
healthcare providers. The united platform will give providers a robust set of
tools to verify a patient's identity and eligibility; manage payer contracts,
improve payments and collections; and assist claims submission and tracking.
Additionally, the integration will enable Experian Healthcare to facilitate
new and powerful analytics that will reduce risk and improve profitability.
"Passport Health is pleased to join the Experian organization and remains
dedicated to delivering high-quality solutions that empower healthcare
providers to manage patient access and ensure payment certainty," said Scott
MacKenzie, CEO of Passport Health. "By combining the capabilities of both of
our companies, we further our shared commitment to assist healthcare
organizations better serve patients while remaining financially stable."
About Experian Healthcare
As a result of this acquisition, Experian Healthcare is the leader in
providing advanced revenue cycle management products and consultative services
powered by data and analytics to health systems, hospitals, medical groups and
specialty organizations, helping them to optimize payment processes, reduce
bad debt and make more informed business decisions. With clients at more than
3,400 hospitals and more than 9,000 other healthcare providers nationwide,
Experian Healthcare delivers financial insight that allows healthcare
organizations to better understand their financial performance, drive
operating margin improvement, mitigate risk and protect revenue streams. Its
suite of patient access, claims and contract management, and collections
products and consultative services gives healthcare organizations greater
visibility into critical revenue cycle management processes and meets the
industry's growing need for a single integrated source of financial data and
analytics that can adapt to current and future payment models. For more
information on Experian Healthcare and its suite of products, visit
Experian^® is the leading global information services company, providing data
and analytical tools to clients around the world. The Group helps businesses
to manage credit risk, prevent fraud, target marketing offers and automate
decision making. Experian also helps individuals to check their credit report
and credit score, and protect against identity theft.
Experian plc is listed on the London Stock Exchange (EXPN) and is a
constituent of the FTSE 100 index. Total revenue for the year ended March 31,
2013, was US$4.7 billion. Experian employs approximately 17,000 people in 40
countries and has its corporate headquarters in Dublin, Ireland, with
operational headquarters in Nottingham, UK; California, US; and Sao Paulo,
For more information, visit www.experianplc.com.
Experian and the Experian marks used herein are service marks or registered
trademarks of Experian Information Solutions, Inc. Other product and company
names mentioned herein are the property of their respective owners.
Experian Public Relations
1 714 830 5578
SOURCE Experian Healthcare
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