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Ensemble Health Partners: The Driving Force in the Health Department

Ensemble

Modern times call for modern solutions to troubling issues - Ensemble Health Partners assembles its expertise, ready to save the day! In dynamic economies, the health protection sector is quite a profitable business. Even though this sector is prone to crises, the healthcare business in the USA and Western Europe has zillionaire volumes. That creates the need for financial control optimization, and Ensemble Health Partners is the perfect choice for it!

Born with an idea to redefine the potential in healthcare by giving people the opportunity to be the difference, Ensemble Health Partners is one of the most prominent providers of RCM solutions for doctors in hospitals and private practice.

If you are also wondering when did Ensemble Health Partners first show up, who is the locomotive, and what is the company’s mission, keep reading and learn the truth you deserve to know!

Envisioning the Dream

The story of Ensemble Health Partners starts with the name Judson Ivy, the father of the company. Even though he was born on a cold winter night on January 24, 1977, Judson Ivy had a warm heart and enjoyed growing up with people around him.

His huge potential was noticeable since he was a child, as he was always hungry for knowledge.

After completing his primary and secondary school with excellent grades, Judson entered Drexel University. Today, he holds an MBA degree from DeSales University, still driven by the same unstoppable spirit to do something good for the world.

Throughout the years, Judson had held different jobs, and he was always led by the perspective of what he enjoys working and what he doesn’t enjoy doing, and that’s when the idea of creating a company with a lovely working atmosphere showed up.

Judson wasn’t afraid to make mistakes along his way, because every time he would make one, he was learning and gaining experience, so not everything was lost.

Starting as a broker, through business officer director, in 2014 Judson became a founder of the giant in the health care sector - Ensemble Health Partners.

Ensembling the Team

Judson wasn’t sure whether he will succeed or not, but envisioning his dream was a must for him. He was following his intuition and hired the best people for the office in Cincinnati, Ohio.

Led by the idea that people are more productive while working in a friendly environment, Judson managed to make all the employees in Ensemble Heath feel part of it.

With such a strong start, success was bound to happen, and in 2015, Judson celebrated as Ensemble Health Partners signed its first full outsourcing partner and traced its way to be accepted and highly appreciated as the business leader in MCS (revenue cycle services).

The company became famous for excessively fast growth and top-class services, but the fact that their customers recommend it to other health systems awoke our curiosity about the story behind Ensemble.

Appetite for Success

Judson could smell the success and continue to step confidently in the industry, and the following year, Ensemble Health had expanded to more than 600 associates.

Judson’s hunger for growth motivated him to open a second office to support Ensemble's mounting list of the country’s health systems. Efforts are always recognized and awarded by the industry market, and in 2018, Judson told the world that Ensemble Health Partner passed $10 billion in proceeds under management across its client base.

Even though the world will remember 2019 as the start of the COVID-19 pandemic, Judson and Ensemble will never forget it as it brought them the 40th partner, and the HFMA Map award recognizing Ensemble revenue cycle performance superiority.

2020 and 2021 turned out to be significant for Judson and Ensemble as well, and the company was marked as Best in Klas for revenue cycle outsourcing and recognized as the best place to work.

Fortifying the Finances

Based on Global Market Insights, the RCM market in 2020 was valued at $98 billion.

Ensemble Health will file for a profitable IPO, which is relatively rare for technological establishments. This company simply knows that motivated employees, exceptional services, and a skillful marketing team are the major aspects that contribute to a successful business.

Last year, the company reached a little over $100 million, which is superb. Another proof for the outstanding work of this award-winning company is the fact that, during the first half of 2021, the Ensemble’s net profit was equal to $66.96 million, which is 90.01% higher when compared with the first 6 months of 2020.

Employees at Ensemble feel even more motivated when they see that their hard work had paid off, having reeled in more clients and satisfied customers. Namely, during the last calendar year, Ensemble’s net revenue was $176.78 million, and by the end of this year, the net profit may touch $231.72 million.

Judson Ivy must be proud of the empire he has created so far, as the trend of increased sales over the years doesn’t stop. Ensemble Heath’s sales last year were equal to $600.02 million, which is 4.07% higher when compared to 2019. If the company continues to give its best, it will become even more influential in the future.

Ensemble Health Partners’ management had an intention to go public at the end of October, but they changed their decision and postponed the IPO. While there is no official announcement of the next date for going public, it is not a secret that Ensemble intends to sell 29.5 million shares during the IPO at the price of $19-$22 for a share. The company's IPO volume is predicted to reach $605 million with a capital of up to $3.62 billion.

Great Marketing Tricks

Ensemble Health Partners is a rare find in the health care area nowadays, as it provides excellent services and unique marketing tricks, which make it stand out from its rivals Oscar Health and Candela Medical.

To increase the company's popularity, Ensemble launched a commercial describing some of the services that Ensemble offers, using a fake British accent. There is a stationary bike that bears the Ensemble’s Health Partners official logo, and there is playful music in the background. You can hear a class instructor screaming, which adds to the hilarious note of the ad. The commercial closes with a customer drinking a glass of wine while the bike is spinning by itself.

Ensemble’s customers are amazed by the witty marketing campaigns that this fast-growing company crafts to boost its sales opportunities. Clients also love the enthusiastic marketing team behind Ensemble Health, which successfully promotes the idea of Ensemble being an exceptional place to work for anyone who wants to advance their careers.

The company takes great care of its associates, as well, and provides rewards for their outstanding results. It offers competitive compensation and other advantages, including flexible schedules, individual programs, remote work opportunities, as well as tuition reimbursement.

Ensembling the Future

Ensemble Health Partners work hard to ensure a brighter future for the company.

The marketing team will continue crafting super engaging campaigns to keep their existing clients and to attract new ones, too. The company also thinks about increasing the teamwork in the company and lowering its loan.

Today, the company is still run by Judson, acting as the founder, president, and CEO.

Headquartered in North Carolina, the company employs more than 2000 people, all contributing to making Ensemble Health Partners the it place for RCM services.

Ensemble Health Partners is a powerful helping hand, but it has the potential to become even more powerful soon. Whether Ensemble Health will meet its goals or not, we have to wait and see!