ESolutions, a portfolio company of Francisco Partners, said Aug. 16 that it has acquired RemitDATA Inc. Financial terms weren’t announced. RemitDATA, of Memphis, is a healthcare technology company that provides a comparative data and analytics platform.
Overland Park, KS, and Plano, TX, August 16, 2017 – eSolutions, Inc., a leading provider of healthcare technology and analytics solutions, today announces the acquisition of RemitDATA Inc., a pioneer of comparative data analytics technology bringing 360-degree data transparency to the healthcare industry. The acquisition allows eSolutions to further expand its footprint outside of existing markets in the healthcare industry. It also promises greater diversification within the FQHC, Ambulatory, ASC, Hospital-owned Physician markets and more.
“RemitDATA’s technology will provide significant upgrades to our customers’ reporting and analytics services,” said Gene Creach, President and CEO of eSolutions. “RemitDATA fits perfectly into our existing customer base, while also providing a featured service for the ASC market.”
“By combining expertise and offerings, we will be able to achieve results far beyond what each could achieve as stand‐alone businesses,” said Dave Ellett, CEO of RemitDATA. “The new entity will strengthen our product suite and the ability to cross‐sell into our respective customer bases.”
eSolutions is known for optimizing providers’ revenue cycle processes through built-in workflow automation, sophisticated analytics, and flexible reporting solutions. The company’s products provide custom data analytics and workflow automation products to boost staff productivity, speed up reimbursement, dive deeper into complex data for meaningful business insights, streamline the entire claim submission process and keeps customers up to date on changing regulations. These tools provide unparalleled insight and functionality across all types of payers, spanning Medicare, Medicaid, and the universe of commercial insurers. Today, the company currently processes over 50 million claims a year for nearly 30,000 providers.
About eSolutions, Inc.
Founded in 1999, eSolutions specializes in helping health care providers improve their revenue cycle management practices. eSolutions delivers high value, cost-effective, workflow automation and data analytics services in a web-based environment to thousands of providers – ranging from small, family-owned home health agencies to nationally recognized corporate health systems. Through some of the industry’s most effective workflow automation and data analytics tools, clients can maximize reimbursement for the services in the most efficient and timely manner. For more information, visit www.esolutionsinc.com.
RemitDATA is a healthcare technology company that delivers a comprehensive comparative data and analytics platform. Founded in 2000, with offices in Memphis, TN, Plano, TX and Lexington, KY, RemitDATA strives to bring collaboration and 360-degree data transparency to all entities within the healthcare industry by delivering a range of system agnostic, comparative analytic solutions. Through the use of Application Programming Interfaces (API), benchmarking and peer comparison tools, payers, providers, billing companies and other healthcare companies will gain actionable insights to better understand their business and improve operations so they can focus on what really matters, to them.