Access Healthcare, a leading provider of revenue cycle management services, announced the promotion of Kumar Shwetabh to the position of president and chief growth officer.
In the new role, Shwetabh will drive the company’s growth initiatives across different market segments.
Shwetabh’s current role of president of U.S. operations is merged into the new position, the company said. He also will continue to serve as CEO for Pacific Global, which was acquired by Access Healthcare in 2018 and is now a wholly-owned subsidiary focused on providing revenue cycle management services to hospitals and healthcare systems across the United States.
Anurag Jain, CEO and chairman of Access Healthcare, expressed his excitement for Shwetabh’s promotion to the new role, noting that the exec has consistently delivered outstanding results during his six years of service with the company.
According to Jain, Shwetabh’s “leadership and strategic vision will be crucial in enhancing our capabilities through focused acquisitions, strategic partnerships, and innovative solutions.”
“We are confident that he will continue to drive our impressive growth trend,” he added.
Shwetabh will work with all teams and will be responsible for the growth and revenue targets for the revenue cycle management business. His responsibilities include new client acquisition, growth from current clients, introducing revenue streams from new business lines, and enhancing revenue quality to improve profitability.
Shwetabh will also lead the solutions team.
Access Healthcare is a leading provider of revenue cycle management, payer BPO services, finance and accounting, applications, and automation services to healthcare providers, payers, and clients across industries. The company has over 27,000 employees across 20 global delivery centers in the U.S., India, and the Philippines, and serves over 100 clients.
Last year, Access Healthcare reported that it doubled its headcount over the course of 15 months due to expansion into new markets and increased demand for its revenue cycle management services. The company attributed to its expansion into new markets and increased demand for its revenue cycle management services.
Access Healthcare also noted strategic acquisitions, such as Pacific Global, which have helped to further expand its offerings in the healthcare industry. At the time, Access Healthcare said it plans to maintain its growth trajectory by expanding its global delivery centers and investing in new technologies to enhance its services.
Quincy Preston contributed to this report.
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