Firstsource buys healthcare RCM provider PatientMatters

Firstsource Solutions, a provider of Business Process Management (BPM) services, has acquired PatientMatters, a healthcare Revenue Cycle Management (RCM) solutions provider.
Firstsource Solutions
PatientMatters unifies disparate registration, bill estimation, and financial services with intelligent workflows and eligibility services, improving revenue realization for Hospitals.

The acquisition will be strengthening Firstsource’s Provider Business presence in large markets like Texas and New York and adding new capabilities of pre-authorization and patient bill estimation at the front-end of the RCM cycle.

The acquisition integrates PatientMatters’ InteliPass with Firstsource’s patient engagement solutions MFocus and MGagement, equipping Providers with a comprehensive platform-based solution that simplifies the end-to-end patient financial experience.

Firstsource plans to consolidate its Healthcare Provider brands MedAssist and PatientMatters, under its enterprise umbrella, Vipul Khanna, MD and chief executive officer of Firstsource Solutions, said.

A Century Equity Partners portfolio company, PatientMatters is headquartered in Orlando, Florida with operations across the US.