Conifer RCM to lay off over 1,000 workers as RCM consolidation continues
Conifer Health Solutions, the revenue cycle management subsidiary of Tenet Healthcare, announced plans to eliminate over 1,000 positions. This follows Tenet's prior layoffs in its RCM unit earlier in September. The cuts signal continued pressure on traditional RCM margins, driven by payer consolidation, AI-driven automation, and a trend toward in-house billing operations among health systems. For independent practices, this underscores the instability of outsourcing to large-scale, hospital-owned RCM vendors and highlights the need to audit vendor contracts for termination or service-reduction clauses.