Health Technology, Digital Healthcare

Ventra Health Acquires Deras Global, Expands to Philippines

Ventra Health Acquires

On February 21, 2023, Ventra Health, a leading revenue cycle management company, announced that it has successfully acquired Deras Global Services, a dependable provider of RCM services for hospital-based physician specialties based in the Philippines. Ventra Health is a technology-driven company providing practice management and advisory services, in addition to RCM, for hospital-based physician specialties.

This acquisition enables Ventra Health's entry into the Philippine market, expanding its global footprint and enhancing its capabilities in delivering RCM services. In addition, this marks a significant milestone in Ventra Health's global workforce development and service-delivery strategy. The transaction is another successful move in a busy first quarter for the renowned Physician RCM platform.

Steven Huddleston, Ventra Health CEO, shared, "Moving fast on accretive opportunities that enhance client delivery and growth is my top priority. We will continue to move aggressively when opportunities present themselves."

(Source – Cision PR Newswire)

Ventra Health's acquisition of Deras Global Services marks the company's expansion of its global presence, bringing its services to the Clark Freeport and Special Economic Zone. With over 300 employees and additional capacity for future growth, this acquisition represents a significant expansion of Ventra Health's operations in the region.

About Ventra Health

Ventra Health is a leading provider of high-performance business solutions for physician practices, hospitals, and health systems, specializing in anesthesia, emergency medicine, and hospital medicine. The company partners with private practices, hospitals, health systems, and physician management organizations to deliver innovative solutions that solve healthcare providers' most complex revenue and reimbursement challenges. Its comprehensive range of solutions includes revenue generation, finance and operations, workflow re-engineering, and healthcare trend insight. Founded in 2021, Ventra Health is the result of a merger between Abeo, DuvaSawko, and Gottlieb, three prominent revenue cycle management companies in their respective fields.

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Keystone Healthcare Partners Establishes Partnership with Trinity Medical to Expand Emergency Medicine Footprint into Louisiana

Keystone Healthcare Partners | February 05, 2024

Keystone Healthcare Partners a leading provider of emergency medicine, hospital medicine, critical care medicine, and telehealth staffing and management services, as well as revenue cycle management, recently announced that it has formed a partnership with Trinity Medical in Ferriday, Louisiana. Keystone's delivery of emergency medicine services at Trinity Medical will commence on February 1, 2024. This contract represents an exciting expansion of Keystone's regional influence into Louisiana; the company has managed contracts in Mississippi for decades. Glenn Adams, Keystone's CEO & Co-founder, notes, "We are excited to kick off another partnership with a client where we see opportunity for real impact. We've hit the ground running to shore up areas of frustration for the client and bring value-add and innovative solutions, such as Keystone Connect AI technology to the emergency medicine program." While the healthcare landscape has been challenging for rural and critical access hospitals, the two entities share a patient-centered ethos that will be paramount to the partnership. The two entities share a community- and patient-focus that is embodied by Trinity's motto, "People you know, caring for people you love." "We are very excited to start our partnership with Keystone Healthcare," states Keisha Smith, CEO of Trinity. "My goal for Trinity Medical has always been to provide our patients with the best healthcare and customer service possible in the Miss-Lou area. We feel that Keystone shares the same goals that we have and will be a true asset to our hospital. Henry Ford stated, 'Coming together is a beginning, staying together is progress, and working together is success.' We are looking forward to a long lasting, successful partnership with Keystone Healthcare." Trinity Medical, a 23-bed licensed facility, continues to grow and upgrade their services and facilities in addition to recruiting physicians to meet the growing needs of their expanding community. About Keystone Healthcare Keystone Healthcare™ is a leading provider of Emergency Medicine, Hospital Medicine, Critical Care Medicine and Telehealth clinical management services and staffing solutions for hospitals. We efficiently deliver high-quality, patient-centered care through strong physician leadership and involved management that drive our innovative and integrated business model. About Trinity Medical Trinity Medical is operated by Concordia Parish Hospital Service District No. 1. Trinity Medical, formerly Riverland Medical Center, opened in 1964 as Concordia Parish Hospital and has continuously served the residents of the area for more than 55 years. In addition to emergency and acute care, Trinity Medical offers surgical services, diagnostic imaging, infusion center, cardio-respiratory care, gastroenterology, lab services, otolaryngology, urology, and an in-hospital rehabilitation service as well as an extensive range of out-patient services, both diagnostic and for treatment.

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