Optima Healthcare Solutions, a provider of cloud-based solutions for post-acute care providers, announces the acquisition of Vantage Clinical Solutions Inc, a company that specializes in revenue cycle management (RCM) and digital marketing services for physical therapy practices.
The transaction will allow Optima to expand its post-acute care solutions to meet the growing demand for outsourced business services used to operate outpatient therapy clinics, according to the Palm City, Fla-based company in a news release.
“The Vantage team has developed sophisticated billing processes and a unique suite of business services tailored for outpatient clinics,” says Josh Pickus, Optima’s CEO. “These capabilities align well with our clinic’s software, Optima Therapy for Clinics, and support our vision of meeting the needs of therapy providers across the post-acute care continuum.”
Headquartered in Bend, Oregon, Vantage Clinical Solutions provides revenue cycle management, digital marketing, and consulting services to outpatient clinics nationwide. The company’s RCM services cover every part of the billing lifecycle, including electronic claims submission, payment processing, patient and insurance collections and accounts receivable management, the release continues.
“Optima is a recognized leader in the therapy market with a 25-year track record of technology innovation, regulatory expertise, and customer satisfaction,” states Tannus Quatre, president of Vantage Clinical Solutions. “Our shared values and commitment to excellence will provide our customers with a truly differentiated solution and the resources needed to meet changing regulatory, clinical and business demands.”
“We are excited to be joined by the talented Vantage team and will continue to build on their superior level of service to delight customers,” adds Dinesh Senanayake, Optima’s CFO and General Manager of RCM Services, in the release.
“Along with our successful RCM service for hospices, this transaction enables us to deliver high-quality RCM and digital marketing services that allow outpatient therapy clinics to maximize visibility, reimbursement and cash flow.”
[Source: Optima Healthcare Solutions]