RevCycle Partners
RevCycle Partners is a US-based revenue cycle management company exclusively serving optometry practices. It provides outsourced insurance billing, credentialing, eligibility verification, and claims keying across hundreds of US eyecare practices via integrations with 10+ optometry EHR/PMS platforms.
- Company typePrivate
- Founded2013
- HeadquartersGlen Ellyn, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What RevCycle Partners does
RevCycle Partners is a US-based, private revenue cycle management (RCM) company exclusively serving the optometry/eyecare industry. Founded as an outsourced billing service inside RevolutionEHR/Rev360 in 2013 and spun out as an independent company in May 2018, the firm is headquartered in Chicago (Glen Ellyn, Illinois) and employs 101–250 people serving "hundreds of eye care practices" nationwide. Its core services are: (1) Insurance Billing — outsourced claims submission, payment posting, denial management, and appeals across both medical and vision payers; (2) WeCredential — custom and ongoing maintenance credentialing for providers, payers, locations, and acquisitions; (3) WeVerify — eligibility and benefits verification delivered at least two days before each appointment; and (4) Vision Claims Keying — modular data-entry support for vision claims. The company announced OneSpot, a cloud-based billing software product, for launch in 2024, representing its first expansion from pure services into SaaS tooling.
The underlying technology is a cloud-based RCM platform integrated with 10+ optometry-specific EHR/PMS systems — RevolutionEHR, Eyefinity, OfficeMate, Crystal PM, Acuity Logic, Compulink, My Vision Express, MaximEyes, Eye Cloud Pro, and EyePegasus — giving the firm coverage of the dominant US optometry software footprint. RevCycle generates revenue through managed-services billing (typically per-claim or percentage-based), recurring subscription fees for WeCredential and WeVerify, and project-based pricing for custom credentialing engagements. Pricing is quote-based, month-to-month with no setup or cancellation fees, and includes a 10% IDOC-member discount for the first three months across billing, WeVerify, and credentialing maintenance. Distribution runs through direct sales outreach, self-service online assessment tools, and referral partnerships with the three principal US optometry buying groups — IDOC, PECAA, and Cleinman Performance Partners — which collectively represent a large share of the addressable independent practice market.
RevCycle serves multiple optometry practice settings: independent private practices (primary), consolidators and PE-backed roll-ups, cold-start/acquired practices, corporate affiliates, optometry schools, and nursing home facilities. Named customers span SMB independent practices (EyesWest Optical, West Georgia Eye Care, Vision Source Mustang, Harrel Eyecare, Sanderson Eye Clinic, First Sight Vision Care, Chicopee Eyecare, Pend Oreille Vision Care), enterprise consolidators (iRefract, Optometric Management Group with 8 Ohio locations), and nonprofit clients (Kids Vision for Life St. Louis). Leadership is founder/management-controlled, with CEO Paul Hartge (formerly COO of RevolutionEHR) and co-founder/Executive VP Christine Schneider (25-year billing veteran, Vision Monday 2022 Most Influential Women in Optical) anchoring the team. No venture capital or private equity investment has been disclosed, and the company has not publicly filed revenue figures.
RevCycle Partners firmographics
Firmographics- Name
- RevCycle Partners
- Legal name
- RevCycle Partners
- Website
- https://revcycle-partners.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- RevCycle Partners is a US-based revenue cycle management company exclusively serving optometry practices. It provides outsourced insurance billing, credentialing, eligibility verification, and claims keying across hundreds of US eyecare practices via integrations with 10+ optometry EHR/PMS platforms.
- Ownership category
- akta.pro rank
RevCycle Partners industry classification
Industry- Product category
- Healthcare Revenue Cycle Management
- NAICS
- Claims Adjusting (524291)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Record-to-Report (R2R) Operations (End-to-End Accounting Ops, Statutory Pack Support) (BPAAAGAL)
- akta.pro secondary industry
- Sales Enablement & Revenue Operations (RevOps) Tools & Services (BPAFAFAJ)
Keywords
Where RevCycle Partners is headquartered
LocationHeadquarters
- HQ city
- Glen Ellyn
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
RevCycle Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Insurance Billing Services: Full-service outsourced insurance billing for optometry practices including claims submission, payment posting, denial management, and appeals. Revenue is generated through managed services fees, typically billed on a per-claim or percentage basis.
- WeCredential (Credentialing Services): Credentialing services including custom projects for new providers, payers, locations, acquisitions, and ongoing maintenance credentialing. Custom projects and maintenance services provide recurring revenue.
- WeVerify (Eligibility & Benefits Verification): Eligibility and benefits verification services provided to practices on an ongoing basis, verifying patient insurance benefits prior to appointments.
- Vision Claims Keying: Claims keying service for vision claims data entry, providing affordable, timely, and accurate claims filing assistance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Standard Billing Service |
| Subscription | Monthly | IDOC Member Pricing |
| Other | Multi-year contract | WeCredential Custom Projects |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
RevCycle Partners product offering
Product offeringCore offering
RevCycle Partners provides outsourced revenue cycle management for optometry practices, including insurance claims billing (medical and vision payers), eligibility and benefits verification (WeVerify), provider and payer credentialing (WeCredential), and vision claims data entry (Vision Claims Keying). The firm integrates with major optometry EHR/PMS platforms to deliver these services to independent practices, consolidators, corporate affiliates, optometry schools, and nursing home facilities across the United States.
Product overview
RevCycle Partners provides a unified revenue cycle management (RCM) platform for the eyecare industry with four core service offerings: Insurance Billing (outsourced claims management for medical and vision payers), Vision Claims Keying (data entry for vision claims), WeCredential (provider and payer credentialing services), and WeVerify (eligibility and benefits verification). The company also offers OneSpot, a cloud-based billing software product announced for launch. Together, these services form an integrated RCM solution that supports optometry practices across various practice settings (private practices, consolidators, corporate affiliates, optometry schools, nursing homes) and integrates with multiple EHR/practice management platforms including RevolutionEHR, Eyefinity, OfficeMate, Crystal PM, Compulink, Maximeyes, and Eye Cloud Pro.
Differentiator
Problem solved
Functional benefit
Brands
- WeCredential: Custom and maintenance credentialing projects for optometry practices
- WeVerify
- OneSpot
Products and services
- Insurance Billing Outsourced insurance billing service for optometrists handling claims submission, payment posting, denial chasing, and appeals filing for both medical and vision payers.
- Vision Claims Keying Claims keying service that relieves optometry practices of the administrative task of inputting vision claims data, offering affordable, timely, and accurate claims filing assistance.
- WeCredential Credentialing services for optometry practices including custom credentialing projects for adding providers, payers, locations, and acquisitions, plus ongoing maintenance credentialing services.
- WeVerify Eligibility and benefits verification service that provides a complete picture of patient insurance benefits for both medical and vision payers at least two days before scheduled appointments.
- Practice Settings RCM services tailored for various optometry practice settings including private practices, consolidators, cold starts/acquired practices, corporate affiliates, optometry schools, and nursing home facilities.
Quantifiable outcome
- Claims filed quickly with daily processing of payments, denials, and follow-up
- +1 more outcomes
Companies that use RevCycle Partners
Customer profileNamed customers11 records
Segments6 records
Ideal customer profiles3 records
RevCycle Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
Feature3 records
RevCycle Partners partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- EyePegasuscoreBilling and credentialing partnership with EyePegasus, a cloud-native EHR and practice management platform purpose-built for optometrists. The partnership brings RevCycle Partners' outsourced RCM services to EyePegasus users.
- IDOCcoreIDOC selected RevCycle Partners as a referred revenue cycle management vendor. IDOC is a service-focused business development consultancy for independent optometry practices. Partnership supports IDOC's objectives of helping independent optometry practices grow and succeed.
- Kids Vision for Life St. LouisminorMissouri nonprofit providing no-cost vision services to underserved students selected RevCycle Partners to help manage Medicaid billing claims and credential its optometrists.
- iRefractcoreiRefract, a nationwide network of best-in-class optometry clinics, selected RevCycle Partners as its RCM outsourcing partner. RevCycle supports iRefract's growing network with billing and credentialing services to enable scaling.
- Optometric Management Group (OMG)coreOMG, an Ohio-based eyecare company with 8 locations and plans to acquire more practices, selected RevCycle Partners as its outsourcing partner for insurance billing and credentialing to create operational efficiencies.
- EyefinitycorePartnership with Eyefinity, a VSP Global company and leader in practice management and EHR software. Enables eyecare professionals to outsource insurance billing and credentialing through RevCycle Partners while using Eyefinity systems.
- Cleinman Performance PartnerscoreCleinman Performance Partners, the business development consultancy for larger optometry practices, selected RevCycle Partners as their referred revenue cycle management vendor. Works exclusively with larger private practice optometrists.
- PECAA (Professional Eye Care Associates of America)coreRevCycle Partners became a preferred vendor partner of PECAA, one of the premier doctor alliance groups in the U.S. Partnership strengthens both organizations' mission to help optometry practices thrive.
- RevolutionEHR/Rev360coreRevCycle Partners spun out of RevolutionEHR/Rev360 and became an independent company in May 2018. Originally launched in 2013 as an outsourced billing service for RevolutionEHR software customers, the service experienced rapid growth leading to the formation of an independent company.
Scale indicators1 record
Recent moves7 records
Expansion highlights6 records
RevCycle Partners competitors and assessment
Company assessmentBroad incumbents
- eClinicalWorks: Large ambulatory EHR vendor with embedded RCM capabilities and a marketplace of billing service partners. Competes for the same SMB and mid-market optometry practices with broad ambulatory reach.
- CareCloud: Public healthcare RCM and practice management platform serving ambulatory specialty practices including optometry. Competes for the same SMB practice customer but lacks RevCycle's optometry-specific vertical depth and payer expertise.
- athenahealth: Large healthcare technology company offering EHR and RCM services to ambulatory practices. Provides overlapping billing/credentialing capabilities as part of a broader portfolio and would compete for larger optometry groups and consolidators.
- NextGen Healthcare: EHR and practice management vendor with RCM services for ambulatory specialty practices including eye care. Offers comparable insurance billing workflows but does not specialize exclusively in optometry.
- AdvancedMD: Cloud-based EHR, practice management, and RCM platform for small to mid-size specialty practices. Competes for SMB optometry customers with generalist medical billing capabilities rather than optometry-specific payer expertise.
- Office Ally: Healthcare clearinghouse and practice management vendor offering claims processing and billing tools. Provides competing clearinghouse/RCM capabilities to medical practices, including optometry, with broader payer connectivity but less vertical specialization.
- Greenway Health: EHR and RCM provider serving ambulatory specialty practices. Comparable in offering integrated billing services for medical practices with overlap on the SMB optometry customer segment.
- MedData (now R1 RCM Ambulatory): RCM services company (acquired by R1 RCM) providing outsourced billing, coding, and AR management to specialty practices. Competes in the outsourced RCM space with broader scale but without RevCycle's optometry specialization.
Direct peers
- Eye Care Leaders: Provides EHR and revenue cycle management solutions specifically for ophthalmology and optometry practices. Direct competitor to RevCycle in eyecare-specialized RCM with similar customer profile (independent practices and consolidators) and overlapping EHR integration footprint.
Emerging players
- Rectangle Health: Healthcare technology company providing practice management, patient payments, and workflow tools to specialty practices. Overlaps with RevCycle in the SMB practice workflow space and could expand into optometry-specific billing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
RevCycle Partners social profiles
Digital presenceRevCycle Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
RevCycle Partners leadership team
Management profileNumber of profiles
Profiles10 records
RevCycle Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RevCycle Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RevCycle Partners
What does RevCycle Partners do?
RevCycle Partners provides outsourced revenue cycle management for optometry practices, including insurance claims billing (medical and vision payers), eligibility and benefits verification (WeVerify), provider and payer credentialing (WeCredential), and vision claims data entry (Vision Claims Keying). The firm integrates with major optometry EHR/PMS platforms to deliver these services to independent practices, consolidators, corporate affiliates, optometry schools, and nursing home facilities across the United States.
Is RevCycle Partners a public or private company?
RevCycle Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was RevCycle Partners founded?
RevCycle Partners was founded in 2013. It employs 101 to 250 people.
Where is RevCycle Partners based?
RevCycle Partners is headquartered in Glen Ellyn, United States, in the North America region.
How does RevCycle Partners make money?
Four revenue lines are on record. Insurance Billing Services are the primary driver. The others are weCredential (Credentialing Services), weVerify (Eligibility & Benefits Verification) and vision Claims Keying.
Who are RevCycle Partners's main competitors?
Broad incumbents on record are eClinicalWorks, CareCloud, athenahealth, NextGen Healthcare, AdvancedMD, Office Ally, Greenway Health and MedData (now R1 RCM Ambulatory). Eye Care Leaders is listed as a direct peer. Rectangle Health is listed as an emerging player.
Does RevCycle Partners have an API?
No public API is recorded for RevCycle Partners.
What industry is RevCycle Partners in?
RevCycle Partners's product category is Healthcare Revenue Cycle Management. Its primary akta.pro industry code is BPAAAGAL, Record-to-Report (R2R) Operations (End-to-End Accounting Ops, Statutory Pack Support), with a secondary code of BPAFAFAJ, Sales Enablement & Revenue Operations (RevOps) Tools & Services. Its NAICS code is 524291 and its SIC code is 8742.