The Wilshire Group Expands Breadth and Depth of Revenue Cycle Services with Acquisition of Trifecta Group
24 Junio 2024 - 7:00AM
Business Wire
The Wilshire Group Associates, LLC (The Wilshire Group), a
leader in healthcare revenue cycle management and consulting, is
pleased to announce the acquisition of Trifecta Group, Inc. (The
Trifecta Group), a boutique firm known for its expertise in
healthcare revenue cycle consulting. This strategic acquisition
will enhance The Wilshire Group’s capabilities, extending its reach
and reinforcing its commitment to providing comprehensive and
client-focused revenue cycle consulting. The Trifecta Group’s
experience enables The Wilshire Group to robustly support more
non-Epic client sites and adds valuable hands-on review and
analysis expertise for underpayment and denial remediation.
“We are pleased to announce the acquisition of Trifecta Group
and we look forward to the significant value this transaction will
create for our clients,” said Hank Smither, co-Founder and Managing
Partner of The Wilshire Group. “The Trifecta Group strengthens our
position in revenue cycle management and broadens our subject
matter expertise. Their expertise and reputation for results
complement our mission to deliver exceptional value to our clients.
Together, we will continue to set the standard for revenue cycle
management and consulting in the healthcare industry.”
The revenue cycle unifies the business, administrative and
clinical functions in healthcare. When friction between these
revenue cycle management functions is reduced, healthcare
organizations can improve the patient experience, maximize claim
reimbursement, and increase patient service revenue. The Wilshire
Group brings a comprehensive approach across the revenue cycle,
beginning at the front end with patient access through coding,
billing, and reimbursement at the back end. From electronic health
record (EHR) implementations to large-scale process improvements,
The Wilshire Group has decades of healthcare, revenue cycle
operations, and informational technology experience to improve
healthcare organizations’ revenue recognition and optimize
workflows.
“Joining forces with The Wilshire Group is an exciting
opportunity for our team and clients,” added Candace Caballero, CEO
of The Trifecta Group. “Our combined strengths will support and
benefit our clients with expanded resources and an enhanced patient
experience. Our vision, mission and culture are well aligned which
was very important to us and positions us all for success.” Candace
will remain engaged at The Wilshire Group as a client facing
executive advisor and help manage the integration of the teams.
The Trifecta Group serves payers, providers, and healthcare
systems across the country. Its portfolio of services include
evaluation and assessment of people, process and/or technology
performance, project management, re-organizations, and assistance
with mergers, acquisitions or system implementations. The combined
Wilshire Group and Trifecta Group team is committed to maintaining
the highest standards of service and delivering measurable revenue
cycle results for healthcare organizations.
About The Wilshire Group Associates, LLC The Wilshire
Group is a premier provider of end-to-end revenue cycle management
solutions, offering comprehensive technical and consulting services
to healthcare providers across the United States. With a focus on
innovation, efficiency, and client satisfaction, the company helps
healthcare organizations optimize their financial performance and
navigate the complexities of the healthcare industry.
About The Trifecta Group, Inc. The Trifecta Group is a
specialized consulting firm dedicated to helping healthcare
providers improve their revenue cycle processes and system
utilization. With a reputation for excellence and a
results-oriented approach, the company delivers customized
solutions that drive financial success for healthcare
organizations.
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