Parallon Revenue Cycle Shared Services Locations Employees Are Impacting Healthcare Billing
Parallonis the administrative support platform for HCA Healthcare. |Parallon has over 17,500 colleagues and serves approximately 520 hospitals and 2,750 physician practices. For more information about Parallon, visit Parallon.com. Parallon leverages decades of experience, unrivaled expertise and an ever-present patient focus to support healthcare providers in their missions to improve the health and well-being of their communities. Parallon top competitors are FORCE Billing and Coding Solutions, West Tennessee Healthcare and First Choice Community Services and they have annual revenue of $4.2B and 11058 employees. Parallonis a private company that has been in the industry for 15 years.The number of employees ranges from 10K to 50K. The annual revenue of Parallon varies between 1.0B and 5.0B. This article explains why more New York healthcare providers are choosing localbillingservices, focusing on the advantages of being close by, knowing the local market, and offering personalized service. Parallon’s data scientists built supporting processes to comb the data for patterns and identify “drivers”—combinations of variables that point to potential root causes—for managers to use as a starting point in correcting performance. HCA, the largest for-profit hospital chain in the United States, launched Parallon in 2011. The deal is expected to close in the third quarter of this year. Financial terms were not disclosed. Louis-based The Outsource Group will expand Parallon’s revenuecycle business. Based on total number of H1B Petitions filed with USCIS for new and continuing employment categories ofapplications, ParallonRevenueCycleServices had an overall approval rate of 100 / 100.
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