Bolder Healthcare Solutions

Bolder Healthcare Solutions is a specialized provider of Revenue Cycle Management (RCM) services that enhances operational performance for healthcare organizations through intelligent automation and best practices. Bolder Healthcare Solutions, founded in 2012 and headquartered in Louisville, US, delivers healthcare-focused RCM solutions. In March 2018, the company was acquired by Cognizant Technology Solutions Corporation for USD 108 mn. The firm has completed three deals to date, reflecting its strategic focus on healthcare revenue management.

The founder's history was not available. Bolder Healthcare Solutions specializes in Revenue Cycle Management (RCM), offering services that include accounts receivable management, complex claim resolution, and coding solutions for both hospital and physician group needs. The company streamlines processes like eligibility enrollment and charge entry to improve financial outcomes for its clients. It serves a varied customer base, primarily in North America, and is expanding into select international markets through strategic partnerships.

Bolder Healthcare Solutions operates on a transaction-based revenue model, engaging clients through structured contracts that often include comprehensive service packages and subscription models. Its services, such as the Chargemaster Monitor, support ongoing revenue cycle optimization. The firm generates revenue through direct billing and ongoing engagements in healthcare revenue management services. Following its acquisition by Cognizant Technology Solutions in March 2018, Bolder Healthcare Solutions aims to leverage new resources for product innovation and market expansion.

The company plans to enhance its RCM offerings and expand its geographical footprint, particularly targeting new markets in North America and select international regions. The strategic use of recent funding will support the development of upcoming product releases and facilitate entry into these new markets.