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Parallon

Nashville, United Statesparallon.com/1expert edge

Parallon is HCA Healthcare's shared-services subsidiary providing full-service revenue cycle management, patient access, health information management, and contact center operations for HCA facilities and external hospital clients. Launched as a standalone business in 2011, it grew out of HCA's shared services strategy begun in 2000.

Why interesting to a deal team

Parallon is the at-scale benchmark for hospital revenue cycle outsourcing. Bill Rutherford oversaw it as HCA CFO, giving a deal team first-hand insight into RCM unit economics, payer-collection performance, and how provider buyers evaluate outsourced versus in-house revenue cycle vendors.

Experts connected to this company

BR

Bill Rutherford

Board of Managers member (retired EVP & CFO of HCA Healthcare, oversaw Revenue Cycle Operations)

Ensemble Health Partners

AdvisorNashville

He ran finance and revenue cycle for the largest U.S. hospital operator for a decade and now governs Ensemble, offering unmatched buyer-and-operator perspective on healthcare RCM.

Sources

Strongest evidenceStructured data3 public sourcesHow the grades work