eSolutions, Inc., an Overland Park, KS-based provider of revenue cycle management analytics and cloud-based workflow solutions, acquired ClaimRemedi, a Santa Rosa, CA-based provider of billing system and clearinghouse services for the healthcare industry.
The amount of the deal was not disclosed.
Founded in 1999 and led by Gene Creach, President and CEO, eSolutions provides actionable intelligence and workflow automation products across critical revenue cycle management processes, including claims and billing management, eligibility, denials and audit management, and reporting and analytics.
The company also provides nationwide Medicare connectivity across all nine Medicare Administrative Contractors.
The company’s customer base is comprised of more than 2,800 organizations consisting of more than 15,000 hospitals, home health and hospice agencies, skilled nursing facilities, durable medical equipment suppliers, and several other provider types.
The purchase will allow eSolutions to create new opportunities for growth in the markets they serve. Founded in 2002 by Peter Bowhall, CEO, ClaimRemedi provides claims processing, editing, and management, electronic remittance advice (ERAs), eligibility verification, patient statements solution, and reporting technology for physician offices, clinics, and hospitals.