Revint, the leader in technology-enabled revenue integrity solutions for healthcare providers, announced today the appointment of Lee Rivas as Chief Executive Officer.
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Lee Rivas, Revint CEO (Photo: Business Wire)
Mr. Rivas joins Revint from RELX, a global provider of information analytics solutions, where he has served as a senior leader for the last 14 years, most recently as CEO of all Healthcare and Public Sector businesses across the LexisNexis Risk Solutions and Elsevier Divisions. During Mr. Rivas’ tenure, he drove significant new market expansion in healthcare, ramped up capabilities around analytics offerings, and improved technology automation. Prior to RELX, he was an Engagement Manager with McKinsey and Company. He began his career as an officer in the U.S. Army where he held several leadership positions in the U.S. and abroad. Mr. Rivas is a graduate of the United States Military Academy at West Point and holds an M.B.A. from Harvard Business School.
“I am excited to welcome Lee to Revint,” said Roger Davis, who Mr. Rivas succeeds as the company’s CEO. “He is a dedicated leader who knows what it takes to lead a healthcare business focused on high quality customer service, technology, and scale. Revint has many exciting developments underway, and I look forward to seeing Lee lead the company’s next chapter.”
“Lee has demonstrated impressive operational, technological, and cultural leadership throughout his career,” said Matt Holt, Board Director of Revint and President of Private Equity at New Mountain Capital. “His deep experience in healthcare, as well as his track-record of leading high-growth data and analytics businesses, will accelerate Revint’s ability to scale, innovate, and deliver comprehensive revenue integrity solutions to all healthcare providers. We also want to thank Roger for the tremendous progress achieved at Revint during his tenure.”
This announcement is being made at an exciting juncture in Revint’s history. Since its formation in 2017, Revint has achieved tremendous growth, enabled by the first-of-its-kind revenue integrity enterprise platform for healthcare providers. This technology-driven “safety net” solution identifies and recovers revenue leakage and is delivered through a “guaranteed ROI” model for hospitals. The company’s rapid growth has been bolstered by its recent investments in technology and product innovation, which has enabled a more integrated customer experience and improved recoveries.
“I look forward to working with the management team to continue Revint’s impressive growth trajectory,” commented Mr. Rivas. “I deeply value the Company’s commitment to high-quality customer care, innovation, and operational excellence, and I am excited about the opportunity to expand our offerings and apply technology to enable the continued growth of the business.”
Revint is a leading provider of technology-enabled solutions for health systems, focused on offering revenue integrity and recovery services to ensure accurate and timely reimbursement for their services. Serving over 1,600 health care organizations in the U.S., Revint helps recover over $700 million of underpaid or unidentified revenue for its clients annually. The Company’s solution set includes suites centered around Revenue Assurance (DRG Validation, Charge Capture, Transfer DRG), Payer Accountability (Denials Recovery, Underpayments, BlueCard), and Medicare Reimbursements (340B, DSH, Medicare Bad Debt, S-10). Revint was recognized by Black Book and KLAS among the highest ranked Revenue Recovery vendors based on customer satisfaction and client experience. All of Revint’s Revenue Recovery solution suites have HFMA Peer Review status and are HITRUST certified. Revint is backed by New Mountain Capital, a growth-oriented investment firm that manages over $25 billion in assets. For more information visit www.revintsolutions.com.