Cognizant to Acquire Bolder Healthcare resolution to extend income Cycle Management Services for Providers

Louisville, Kentucky-based Bolder Healthcare resolution is 1 of the fastest growing RCM companies, serving many of the largest U.S. health systems. Bolder Healthcare resolution going to able Cognizant to extend its range of digital resolution across the healthcare Price chain & address the Big suppliers segment of the U.S. healthcare market. "High-quality RCM resolution help providers achieve Effective management of their business, When placing further of their focus on the quality of patient care. extra Informationhttps://www.cognizant.com/healthcarehttps://bolderhealthcare.com/About Bolder Healthcare SolutionsBolder Healthcare resolution (BHS) offers a growing suite of best of breed healthcare income cycle management services to the infirmary & Physician marketplace. These statements involve, however aren't limited to, express or implied forward-looking statements relating to the anticipated closing of the acquisition of Bolder Healthcare resolution with Cognizant & expectations regarding the influence of such acquisition on the business & prospects of Cognizant & Bolder Healthcare resolution.

Cognizant Determine to acquire income cycle management Inc. Bolder Healthcare resolution

Cognizant has agreed to acquire Bolder Healthcare resolution, a privately-held suppliers of income cycle management resolution to hospitals, physician practices & other specialist healthcare organizations, the Inc. reported early Monday morning. RCM resolution have become increasingly Common in recent years. Based in Louisville, Kentucky, Bolder has been growing quickly & expanding its market share. Cognizant said it wishes to extend its range of digital resolution across the Price chain, & address the Big suppliers segment of the healthcare market. "As the healthcare industry continues to undergo a significant transformation to a Price-based care model, digital RCM services & resolution remove complexity & let providers to streamline their operations," said Kaushik Bhaumik, executive vice president & universal head of healthcare at Cognizant.

Cognizant to purchase America income cycle management Inc. Bolder Healthcare resolution

As it stated in BENGALURU: Cognizant said it would purchase Bolder Healthcare resolution for an undisclosed amount to grow its income cycle management services for healthcare providers in the U.S..RCM software & services help integrate & automate healthcare administrative & medicinal information to let for further accurate billing & faster collections.The transaction is Guessed to lock in the 2nd quarter of 2018, subject to regulatory reviews & closing conditions. The Teaneck, N.J.-headquartered Inc. did'nt disclose the financial terms of the bargain. "..Bolder Healthcare resolution' capabilities & experts going to unlock Fresh market opportunities as we able further payers & providers to embrace outcome-based models & create by information analytics, cognitive computing & robotic process automation for further Effective management of their businesses & in the end better patient outcomes," Kaushik Bhaumik , Executive Vice President & universal Head of Healthcare at Cognizant, said in a statement.The Louisville, Kentucky-based Inc. has over 2200 experts & further than one,400 client locations, it said on its website. It has made 5 acquisitions ever ever 2015.The leadership team of Bolder Healthcare were senior executives at MedAssist Inc, that was acquired by India-listed BPO FirstSource in 2007.

collected by :Lucy William