Parkview Health announces acquisition of administrative service provider in a bid to lower costs

FORT WAYNE, Ind. (WPTA) – Parkview Health announced on Friday that it has signed an agreement to acquire Ovation Healthcare, a shared services provider, as part of its multi-year plan to lower costs for patients.

Ovation partners with healthcare organizations to help strengthen their financial performance through revenue cycle management that lowers hospitals’ cost to collect.

According to Parkview, the investment will help lower the cost of care for patients and employers as Ovation identifies ways to reduce administrative expenses…

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