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Tenet to Sell Conifer, Its Revenue Cycle Management Unit

Tenet Healthcare has announced it is looking to sell its Conifer unit, a revenue cycle management company. Tenet said it has hired Goldman Sachs to help advise it on a sale price for Conifer, which manages debt collection processes for nearly 800 hospitals across the country, including the 77 owned …

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How Hospitals Are Getting Better At Collections

For Tenet Healthcare Corp., collecting on debts is far more profitable than trying to cure sick people. A feature in Bloomberg BusinessWeek delves into how Tenet is selling hospitals because they aren’t profitable, but keeping those facilities as clients of Conifer, a revenue cycle management company, which has profit margins …

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Collectly Raises $2 Million in Seed Funding

Collectly, a debt collection technology start-up, has raised $1.9 million in seed funding. The company aims to help healthcare providers collect bills using technology beyond the telephone and printed letters. The company is working on partnerships with Athena Health and DrChrono to reach its goal of signing up 100,000 healthcare …

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