7.28.11
\nRevenue Cycle Solutions Expands into New Headquarters – Chicago, IL – Revenue Cycle Solutions, Inc.\u00a0(“RCS” or the “Company”), a leading provider of account resolution services to hospitals and hospital-based\u00a0physician groups throughout the United States, has announced its move to new corporate headquarters\u00a0located in Downers Grove, Illinois, twenty miles west of Chicago. The new center combines expanded\u00a0customer service workstations and an advanced technological infrastructure, enabling the Company to\u00a0continue to provide its clients with a high level of customer service and attention. The headquarters will also\u00a0allow RCS to upgrade its focus on operations while simultaneously providing the Company with significant\u00a0capacity to accommodate its growth strategy. RCS is a portfolio company of Chicago-based private equity\u00a0firm Waud Capital Partners, which acquired the Company in May 2011.
\n“Our plans for continuous growth and expanded client revenue cycle services make this the right time to\u00a0invest in a new facility for our workforce,” said Mike Jacoutot, Chief Executive Officer. “Our new center\u00a0allows us to add personnel, ensures an atmosphere of teamwork and enables us to continue to provide the\u00a0excellent level of customer service our clients have come to expect.”
\n“The ability to share knowledge and best practices through collaboration is extremely important to any\u00a0service-based business,” added Mary Ann Mclaughlin, Chief Operating Officer. “Our new state-of-the art\u00a0Learning Center will enable us to share knowledge effectively, resulting in improved revenue and patient
\nsatisfaction outcomes for our clients.”
\nRCS presently employs approximately 150 employees in the new Downers Grove, Illinois facility and\u00a0approximately 250 employees nationally.
\nAbout Revenue Cycle Solutions\u00a0Established in 2002 and headquartered in suburban Chicago, RCS partners with over 100 hospitals across\u00a0the country and provides a wide range of account resolution services, including early out self-pay, thirdparty\u00a0insurance and bad debt recovery. Through a patient-centric approach, the Company assists its clients
\nwith accelerating cash flow, increasing profitability and driving operational efficiencies in the revenue cycle.
\nFor additional information on RCS, visit www.revcs.com.
\nAbout Waud Capital Partners
\nWCP is a leading middle market private equity investment firm founded in 1993 that partners with
\nexceptional management teams to invest in growth equity investments, industry consolidations, buyouts
\nand recapitalizations. The firm seeks to invest $20 to $100 million in private companies in the following four
\nareas: healthcare services, business and consumer services, specialty distribution and select industrial
\nbusinesses. Typically, the companies in which WCP invests have enterprise values between $30 and $300
\nmillion.
\nFor additional information on WCP, visit the firm’s website at www.waudcapital.com.
\nFor Further Information:
\nMike Jacoutot, Chief Executive Officer
\nRevenue Cycle Solutions, Inc.
\n(630) 981-8302
\nmjacoutot@revcs.com<\/p>\n","protected":false},"excerpt":{"rendered":"
7.28.11 Revenue Cycle Solutions Expands into New Headquarters – Chicago, IL – Revenue Cycle Solutions, Inc.\u00a0(“RCS” or the “Company”), a leading provider of account resolution services to hospitals and hospital-based\u00a0physician groups throughout the United States, has announced its move to new corporate headquarters\u00a0located in Downers Grove, Illinois, twenty miles west of Chicago. The new center […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2914","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n