QHR Health buys Resolution to reinforce its community health services

By Nikita Chaurasia  Date: 2020-09-11

QHR Health buys Resolution to reinforce its community health services

In a recent turn of events, U.S.-based technological healthcare company QHR Health has reportedly announced the acquisition of revenue cycle services provider, Resolution, in order to strengthen its community healthcare services across the United States.

For the uninitiated, Colorado-based Resolution aims at helping healthcare providers to enhance their clinical and financial performances. The company primarily focuses on assisting independent companies in solving complex problems associated with financial reimbursements.  

With more than 70 hospital revenue cycle professionals, the Resolution assesses all phases of the revenue cycle and subsequently identifies opportunities that will generate additional profits for their respective clients.

Dwayne Gunter, President of QHR Health was quoted saying that the objective behind the acquisition is to cater to the needs of their clients since the company will be able to offer systematic monitoring and tracking of healthcare revenue through Resolution’s services.

Gunter further mentioned that the enhanced revenue cycle capabilities of Resolution are in favor of QHR’s goal to reinforce community healthcare services across the country..

Founder of Resolution, Robin Bradbury was reported saying that the recent acquisition will enhance the company’s capabilities and foreshadow new opportunities for the clients. He further expressed the company’s determination towards providing expert revenue cycle management services to the clientele of QHR Health.

If sources are to be believed, as per the agreement, Bradbury has been designated as Senior Vice President of QHR. However, the financial details of the agreement have not been disclosed yet, cited sources close to the matter.

About QHR Health

QHR Health, a subsidiary of Quorum Health Corporation, is a leading healthcare solutions provider that offers services to independent critical hospital facilities across the U.S. Launched over 40 years ago, the company is known for providing local access of healthcare services in rural areas as well as large population centers.

Source credits: https://www.prnewswire.com/news-releases/qhr-health-acquires-revenue-cycle-provider-resolution-301126779.html

About Author

Nikita Chaurasia     aeresearch.net

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More

More News By Nikita Chaurasia

Amazon sets tougher rules for its delivery service partners’ employees

Amazon sets tougher rules for its delivery service partners’ employees

By Nikita Chaurasia

Amazon is known for closely managing its staff and contractors, and it also seeks to control the employees of the companies in which it works. Reportedly, the company has updated its policies for Amazon’s delivery partners wherein it lays out d...

BMW, Ford lead Solid Power’s USD 130 million Series B funding round

BMW, Ford lead Solid Power’s USD 130 million Series B funding round

By Nikita Chaurasia

Solid Power Inc., a leading U.S-based producer of solid-state batteries has reportedly secured USD 130 million in the Series B funding round led by renowned car makers namely Ford Motor Company and BMW Group.  These funds will be used to develo...

Pfizer donates COVID-19 treatment drugs worth USD 70 million to India

Pfizer donates COVID-19 treatment drugs worth USD 70 million to India

By Nikita Chaurasia

Reportedly, American multinational pharmaceutical firm Pfizer Inc. has extended a helping hand to India in the battle against Covid-19, sending drugs worth USD 70 million to the country. The company is also in discussion with the Indian government to...

McAfee and Fujitsu join hands to provide secure computing experience

McAfee and Fujitsu join hands to provide secure computing experience

By Nikita Chaurasia

McAfee LiveSafe will protect Fujitsu consumer PCs against cyber threats and viruses. McAfee Labs had reported that around 648 cyber threats per minute during the fourth quarter of 2020. California-based computer security software company McAfee...

Alchemy secures USD 80 million during Series B funding, eyes expansion

Alchemy secures USD 80 million during Series B funding, eyes expansion

By Nikita Chaurasia

Alchemy Insights Inc., a leading blockchain development platform, has reportedly bagged USD 80 million during a Series B funding round which was led by Coatue and Addition, the two New York-based venture capital firms, as well as Lee Fixel’s ne...