WellSky buys Corridor
By HME News Staff
Updated 9:18 AM CDT, Tue October 17, 2023
OVERLAND PARK, Kan. – WellSky has acquired Corridor, an end-to-end, tech-enabled services platform designed for the post-acute care industry, from HealthEdge Investment Partners, a private equity firm. By adding Corridor to its portfolio, WellSky will strengthen its medical coding and revenue cycle management (RCM) offerings for home health and allow it to move into the skilled nursing facility market. “Providers today must continually demonstrate higher quality performance and compliance, and they’re looking for solutions to support quality patient care and reduce administrative burdens,” said Bill Miller, CEO of WellSky. “As we looked to strengthen our services offerings, Corridor emerged as an ideal partner. Together, WellSky and Corridor help more post-acute care organizations succeed against industry challenges.” Corridor serves more than 2,600 client sites and supports more than 52,000 clinicians. The announcement comes on the heels of WellSky’s recent acquisition of Experience Care, a which offers an electronic health record, further demonstrating its commitment to the long-term care market.
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