What Currence does

Currence Physician Solutions (legal name; DBA "Currence") is a US-based revenue cycle management and healthcare analytics company founded in 1981 in Chicago, Illinois, and acquired by ENT Partners in 2024. The company delivers end-to-end RCM services — eligibility verification through patient collections — alongside a real-time financial analytics platform that tracks net collection rate, days in A/R, denial rate, first-pass rate, and payer mix for physician practices. It reports a 97% first-pass claim acceptance rate and a 4% denial rate, compared to industry norms of 10-15%. Currence specializes in multi-specialty billing across ENT, dermatology, ophthalmology, and sleep medicine, with specialty-trained coders for procedures such as ENT allergy testing and Mohs surgery.

Currence's product suite consists of three core lines — Revenue Cycle Management, Financial Analytics & Practice Intelligence, and Strategic Advisory — supported by a secure Client Portal and a free Revenue Cycle Scorecard that benchmarks billing metrics against acquirer/PE expectations. It integrates with major practice management systems including Athenahealth, eClinicalWorks, Epic, ModMed, NextGen, Allscripts, and AdvancedMD. Revenue is generated on a transaction-fee basis at 4.5-9% of collections, with no setup fees or long-term contracts, aligning vendor incentives with client cash flow improvement. Distribution is direct enterprise field sales targeting physician practices and PE-backed platforms, supplemented by content marketing, SEO, webinars, and a complimentary assessment funnel.

The company serves 100+ physician practices nationwide and has expanded its addressable customer base to include private equity firms and healthcare investors through pre-transaction optimization, due diligence support, and post-acquisition integration services. Post-acquisition by ENT Partners, Currence has sharpened its ENT vertical focus while retaining its brand, operating geographies across the United States, and its Chicago-area headquarters at 8700 W. Bryn Mawr Avenue, Suite 500N.

Name

Currence

Legal name

Currence Physician Solutions

Website

https://medcurrence.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

Currence Physician Solutions is a Chicago-based healthcare RCM and analytics provider serving 100+ US physician practices across ENT, dermatology, ophthalmology, and sleep medicine on a percentage-of-collections pricing model, now operating as a portfolio company of ENT Partners.

Ownership category

akta.pro rank

Product category

Healthcare Revenue Cycle Management

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Prepackaged Software (7372), Services-Health Services (8000), Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Claims Management, Scrubbing & Clearinghouse (HLACACAB)

akta.pro secondary industries

Accounts Receivable (A/R) & Collections Management (HLACACAJ), Patient Billing, Statements & Payment Processing (HLACACAG), Patient Access, Registration & Intake (Front-End RCM) (HLACACAE)

Keywords

• Revenue cycle management
• Medical billing services
• Healthcare analytics
• Practice financial intelligence
• Specialty billing services

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Revenue Cycle Management Services: Percentage-of-collections pricing model ranging from 4.5% to 9% of collections based on specialty, volume, and complexity. No setup fees and no long-term contracts required. This aligns revenue incentives with client outcomes as the company benefits when collections improve.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Currence Physician Solutions delivers end-to-end revenue cycle management (RCM), real-time financial analytics, and strategic advisory services to physician-owned practices across multiple specialties including ENT, dermatology, ophthalmology, and sleep medicine. The company manages the full claims lifecycle from eligibility verification through patient collections, supported by proprietary analytics dashboards and benchmarking tools designed to maximize net collection rates and practice valuation. It also provides transaction-readiness advisory for practices being acquired by private equity firms.

Product overview

Currence Physician Solutions offers a unified platform of revenue cycle management services for physician practices. The core offering consists of Revenue Cycle Management (RCM), Financial Analytics & Practice Intelligence, and Strategic Advisory services. These work together: RCM handles the operational billing workflow, Financial Analytics provides real-time KPI tracking and benchmarking, and Strategic Advisory supports PE transactions and practice valuation. Optional add-ons include the Client Portal for secure access to reports and the Revenue Cycle Scorecard for benchmarking. Pricing for RCM ranges from 4.5%–9% of collections with no setup fees.

Differentiator

Problem solved

Functional benefit

Products and services

• Revenue Cycle Management (RCM)

Quantifiable outcome

• 97% first-pass claim acceptance rate across all specialties
• +5 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature4 records

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Waystar: Waystar provides cloud-based healthcare payment and RCM technology, including claims management, patient estimation, and denial management, used by hospitals and physician practices. It overlaps with Currence on the claims scrubbing and A/R management functions at much greater scale.
• NextGen Healthcare: NextGen offers ambulatory EHR, practice management, and outsourced RCM services targeting small-to-mid physician practices and specialty groups. Currence integrates with NextGen and competes for similar specialty practice business, with NextGen providing a fuller EHR bundle.
• R1 RCM: R1 RCM is a leading enterprise healthcare RCM provider serving hospitals, health systems, and large physician groups. While it primarily targets larger enterprise customers than Currence's small/mid practices, it competes for the same outsourced RCM wallet and dominates the segment.
• eClinicalWorks: eClinicalWorks delivers EHR, practice management, and RCM billing services to ambulatory physician practices. It is a listed Currence integration partner and represents the same buyer-side RCM decision, but with a more comprehensive owned-suite offering.
• athenahealth: athenahealth is a large ambulatory EHR and RCM platform serving physician practices with end-to-end billing and analytics. Currence integrates with athenahealth and competes for the same small/mid-sized practice RCM contracts, but athenahealth offers a much broader EHR-anchored suite.

Direct peers

• AdvancedMD: AdvancedMD provides cloud-based practice management, EHR, and outsourced RCM services for small and mid-sized physician practices. It directly competes with Currence for the same specialty practice segment and supports similar multi-specialty use cases.
• CureMD: CureMD offers an integrated EHR, practice management, and medical billing/RCM platform targeting ambulatory physician practices. It is comparable to Currence in scope, customer type, and specialty RCM focus, particularly for small and mid-sized groups.
• CareCloud (MTBC): CareCloud provides EHR, practice management, and outsourced RCM services to small and mid-sized physician practices across multiple specialties. It competes head-to-head with Currence for specialty practice RCM contracts with a similar transaction-based pricing approach.

Emerging players

• Candid Health: Candid Health provides AI-powered RCM automation for healthcare providers, focused on claim submission, denial management, and autonomous appeals. It competes for the same physician practice RCM wallet as Currence, particularly with digitally native and PE-backed practices.
• Adonis: Adonis is an AI-native RCM platform offering automated coding, claim submission, and denial management for physician practices and digital health companies. It represents the next-generation RCM threat to Currence's labor-augmented model with potentially lower take rates and similar accuracy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Currence