Ensemble Health Partners
General Information | |
Business: | Ensemble Health Partners is a leading provider of technology-enabled revenue cycle management (RCM or medical billing) solutions for health systems, including hospitals and affiliated physician groups. We built our RCM platform to deliver significant and sustainable financial performance improvement for our clients, enhance the patient experience, and better enable providers to focus on clinical care. With over $20 billion in annual Client NPR (net patient revenue) under management, we are well positioned to capitalize on the large and growing RCM market. RCM is the mission-critical set of processes by which healthcare providers are paid. RCM encompasses the entire lifecycle of a medical claim, from patient intake through revenue collection, helping healthcare providers identify, manage, and collect revenue from patients, insurance companies and other payors. Today, effective RCM is particularly critical as health systems are under enormous operational and financial pressure as a result of increasing reimbursement complexity, rate pressure, rising costs, and fragmented revenue cycle technologies and services. (Note: Ensemble Health Partners postponed its IPO “due to market conditions” on Oct. 27, 2021, hours ahead of when the IPO was scheduled for pricing.) |
Industry: | MANAGEMENT SERVICES |
Employees: | 6493 |
Founded: | 2021 |
Contact Information | |
Address | 11511 Reed Hartman Highway, Cincinnati, Ohio 45241, US |
Phone Number | (704) 765-3715 |
Web Address | http://www.ensemblehp.com |
View Prospectus: | Ensemble Health Partners |
Financial Information | |
Market Cap | $3624.0mil |
Revenues | $601.0 mil (last 12 months) |
Net Income | $-9.06 mil (last 12 months) |
IPO Profile | |
Symbol | ENSB |
Exchange | NYSE |
Shares (millions): | 29.5 |
Price range | $19.00 - $22.00 |
Est. $ Volume | $604.8 mil |
Manager / Joint Managers | Goldman Sachs/ BofA Securities/ Deutsche Bank Securities/ Guggenheim Securities/ Credit Suisse/ Evercore/ Wells Fargo Securities/ SVB Leerink |
CO-Managers | Baird/ William Blair/ Academy Securities/ Loop Capital Markets |
Expected To Trade: | 10/28/2021 |
Status: | Postponed |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |