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XactiMed is a healthcare information technology company that specializes in web-based revenue cycle management (RCM) solutions for hospitals and health systems. The company's suite of products includes tools for claims management, remittance processing, and denial management, designed to streamline the billing process and improve cash flow. By utilizing a software-as-a-service (SaaS) model, XactiMed enables healthcare providers to accelerate reimbursement and reduce administrative costs through automated workflows. The company was acquired by MedAssets in 2007 for approximately $110 million to enhance its financial improvement and RCM offerings.
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