Healthcare Financial Resources, an accounts receivable recovery and resolution management company, acquired Emeryville, CA-based STAT Revenue, a provider of zero balance (closed) claims review and recovery services for hospitals and health systems.
The acquisition rounds out HFRI’s AR management capabilities by adding the final stage of claims recovery to the company’s portfolio of other back-end services. STAT Revenue’s team provides highly specialized, forensic-like reviews of zero balance claims to identify underpayments and recover lost revenue from government and commercial payers. Read more.