Revenue Recovery leader in the healthcare industry will bring 150 jobs to the Bay area.
Panama City, FL, July 25, 2018 – The Bay Economic Development Alliance (BayEDA) and the City of Lynn Haven announced today that a leader in the healthcare industry will be expanding to Bay County, Florida. Revint, a revenue recovery leader for healthcare providers throughout the nation has selected a facility in Lynn Haven to establish their regional headquarters and a new 150 employee service center. Revint is a Pennsylvania-based company that is growing due to the acquisition and merger of several healthcare revenue integrity solution providers in the U.S.
In 2017, Revint completed a nationwide search to expand and relocate their revenue recovery business unit. During their search, they studied the Bay County region’s skilled workforce, business climate, and the assets. Upon completion, Revint decided upon establishing the operation in Bay County at a facility in Lynn Haven, FL. For this 150-person operation, Revint will be occupying space at the Tyndall Federal Credit Union Building in Lynn Haven. They will retain an established operation in Gulf County, FL while recruiting and training new employees for the Bay County. To quickly establish and grow the operations in Bay County, Revint has already hired 15 new employees to begin the training process. Once fully operational, Revint will add approximately $6 million in new annual payroll to Bay County. Employees will also receive a competitive benefits package and bonus program.
According to Kyle Hicok, President of Revint., “We are excited about opening our new operation in Bay County, Florida. Our investment into Bay County further solidifies our commitment to our healthcare provider organizations across the country. In Bay County we found partners who were willing to assist in our quick timeline, a skilled workforce, and the willingness of the community to help our company expand. BayEDA, CareerSource Gulf Coast, Tyndall Federal Credit Union, the City of Lynn Haven, and Bay County Commission have been fantastic partners in the development of this project.” Jorge Gonzalez, chairman of the Bay Economic Development Alliance and president and chief executive officer of the St. Joe Company said the community welcomes Revint.
“Revint is making an impactful commitment to Bay County through the creation of 150 jobs and a multimillion dollar capital investment. Revint further continues our mission of diversifying the economy in Bay County and will provide quality jobs to support many families in Northwest Florida,” Gonzalez said.
The City of Lynn Haven has been involved with the progression of this project. City of Lynn Haven Mayor Margo Anderson stated, “Revint will be a fantastic addition to our City. This company has found the City of Lynn Haven to be business friendly and ready to assist in any way possible. The addition of Revint proves our commitment to support business growth in Lynn Haven so we can continue to provide quality jobs for the citizens who live in our community. We stand ready to continue this assistance as Revint grows in our community.”
Bay County Commissioner Tommy Hamm lauded the company for choosing Lynn Haven.
“Revint has made an excellent decision by investing in Bay County and into Lynn Haven,” Hamm said. “Revint is making a substantial impact to our community by hiring 150 new employees in a sector that further diversifies our economy.”
Revint is an industry leader in revenue recovery and consulting services. Revint offers a full revenue integrity safety net for all types of healthcare provider organizations. They provide solutions to over 1,600 healthcare organizations in the U.S. and help recover over $475 million of underpaid or unidentified revenue for their clients annually. Client solutions include Transfer DRG, IME Shadow Claims, Underpayment Recovery, DRG Validation, Outpatient Revenue Recovery, Consulting Services, Interim Management, Supplemental Support Services, Medicare Reimbursement, and Payer Verification. www.revintsolutions.com
About Bay Economic Development Alliance
The Bay County Economic Development Alliance (BayEDA) is Bay County’s economic development entity. Publicly and privately funded, BayEDA serves Bay County in the mission of supporting the existing businesses in Bay County and in the recruitment of new businesses to Bay County. BayEDA supports the existing pillars of the economy and is dedicated to growing and diversifying the Bay County economy.