FRANKLIN, Tenn., Sept. 10, 2015 /PRNewswire/ -- Experian Health, the healthcare-industry leader for comprehensive revenue-cycle products and services, today announced that it has achieved the top position on Modern Healthcare magazine's 2015 By the Numbers listing of the largest revenue-cycle management firms.
"In this challenging economic environment, it is more important than ever to provide innovative technology and information services that help healthcare organizations improve their bottom line and remain competitive," said Scott Bagwell, president of Experian Health. "We are thrilled to rank number one on the Modern Healthcare list. This placement illustrates our commitment to the revenue-cycle industry and underscores our dedication to empowering hospital and healthcare professionals with the insight they need to make informed, smart decisions."
The By the Numbers list is ranked by the total number of healthcare revenue-cycle contracts for 2014. The data that creates the list is derived from a survey, and participating companies report a breakdown of contracts between comprehensive revenue-cycle and partial services. First published in 2012, the survey is open to U.S. firms that have dedicated practice areas and staff to address the needs of the healthcare revenue-cycle process. Modern Healthcare defined "revenue cycle" as all administrative and clinical functions that contribute to the capture, management and resolution of patient service revenue.
"The healthcare industry is a dynamic market with a complex payment system that is undergoing unprecedented change," said Jennifer Schulz, group president of Experian's vertical markets. "Experian Health provides an integrated end-to-end financial solution that helps to ease this change for healthcare providers by delivering unmatched payment certainty from a single partner. Topping the Modern Healthcare list is a testament to Experian's dedication to the healthcare market and our strong foundation for growth. We couldn't be happier with the results."
About Experian Health
Experian Health provides a single solution for the healthcare industry that redefines revenue-cycle efficiency and effectiveness. More than 3,000 hospitals and 10,000 other healthcare organizations representing more than 100,000 providers nationwide rely on the company's best-in-class technology through every facet of the revenue cycle — including orders and scheduling, patient access, claims and contract management, patient engagement, patient collections optimization and population health management. From initial patient access to actionable, real-time data and analytics, the eCare NEXT® platform combines Touchless Processing™ and an exception-based workflow to help healthcare organizations achieve payment certainty by automating workflow, optimizing payments from patients and payers, creating business intelligence and mitigating risk. For more information on the Experian Health and Passport® suite of products and services, visit http://www.experian.com/health and http://www.passporthealth.com.
We are the leading global information services company, providing data and analytical tools to our clients around the world. We help businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making.
We also help people to check their credit report and credit score, and protect against identity theft. In 2015, we were named by Forbes magazine as one of the "World's Most Innovative Companies."
We employ approximately 17,000 people in 38 countries and our corporate headquarters are in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and Sao Paulo, Brazil.
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, 2015, was US$4.8 billion.
Experian and the Experian marks used herein are trademarks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.
SOURCE Experian Health