Cloudmed Acquires Databound, Enhancing Its Revenue Intelligence™ Platform with Robotic Process Automation

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ATLANTA – (BUSINESS WIRE) – Cloudmed, the main supplier of Income Intelligence ™ options for healthcare suppliers, as we speak introduced the acquisition of Databound, a healthcare expertise firm specializing in robotic course of automation. Collectively, Cloudmed and Databound supply unparalleled accuracy, productiveness and income alternatives by means of refined automation expertise and human experience.

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It has by no means been extra necessary for healthcare professionals to be paid for the care they supply, ”mentioned Lee Rivas, Cloudmed’s chief govt officer. “Databound’s achievements in clever automation enrich Cloudmed’s market-leading Income Intelligence ™ platform to assist distributors improve productiveness and improve income.

Each corporations had been acknowledged by their clients for his or her dedication to excellence in 2021. The Greatest in KLAS rating for excellent efforts to assist healthcare organizations ship higher affected person care. Cloudmed is number one within the income integrity / underpayment companies supplier section. Databound acquired the best award within the new Robotic Course of Animation (RPA) section.

“Each Cloudmed and Databound share a ardour for excellence, innovation and most significantly, service,” mentioned Paul Martin, President and CEO of Databound Cloudmed Income Intelligence ™ platform. Collectively we assist our purchasers unlock the worth of RPA and get the earnings they deserve. ”

About Cloudmed

Cloudmed is a healthcare expertise firm targeted on Income Intelligence ™ and data-driven insights. Our market-leading platform leverages clever automation and human experience to assist distributors improve productiveness and improve gross sales. Cloudmed works with over three,100 healthcare suppliers in america and generates over $ 1.5 billion yearly in underpaid or unidentified income for its clients. Cloudmed was named Greatest In KLAS: Income Integrity / Underpayment Providers in 2021. The answer suites have HFMA peer overview standing and are HITRUST licensed.

About Databound

Databound presents specialised automation software program and companies for the healthcare income cycle. By offering working options with a excessive ROI, corporations can improve productiveness, save time and seize misplaced income. Databound continues to set the usual for RPA excellence and gained Greatest in KLAS: Robotic Course of Automation (RPA) in 2021 with unmatched buyer satisfaction rankings.

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Supply: Cloudy

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