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Advanced Reimbursement Management, L.L.C.
Advanced Reimbursement Management, L.L.C. (Advanced Reimbursement) is a leading provider of revenue cycle management services focused on Medicaid receivables. Advanced Reimbursement provides a suite of services to its clients, including receivables management, post-payment review, denials management, clinical auditing and eligibility services. Healthcare revenue cycle management is an industry focused on helping providers receive proper and timely payment for the services they provide to patients. Demand for healthcare revenue cycle management services continues to rise as providers increasingly face challenges associated with declining reimbursement rates and complex and constantly-changing reimbursement rules.
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Industry: |
Healthcare Services – Revenue Cycle Management |
Headquarters: |
Phoenix, Arizona |
Date of Investment: |
August 2008 |
Fund: |
WCP Fund II |
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Acquisition Criteria
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Eligibility services
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Receivables management - - Medicaid
- Medicare - Third-party payors
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Clinical auditing
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“Partnering with Waud Capital presents an exciting opportunity for our management team and employees to work with an investment firm who has successfully built a number of leading healthcare companies. I believe Waud Capital’s experience will allow us to accelerate the growth of Advanced Reimbursement both organically and through acquisition.”
Connie Perez, Chief Executive Officer, Advanced Reimbursement Management, L.L.C.
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