Becker's Healthcare March 18, 2024
Here are five revenue cycle management company mergers and acquisitions that Becker’s has reported on in 2024:
1. Seattle-based investment firm Frazier Healthcare Partners closed its acquisition of end-to-end financial services company RevSpring from GTCR, a private equity firm, on March 12. RevSpring will be able to leverage Frazier’s investment experience to speed up growth as a result of the transaction.
2. R1 RCM completed its acquisition of revenue cycle management company Acclara from Renton, Wash.-based Providence on Jan. 17.
Upon closing, R1 RCM began a 10-year agreement to provide comprehensive RCM services for Providence. R1 expects the acquisition and partnership with Providence to contribute more than $625 million in revenue and approximately $185 million to adjusted EBITDA by year...
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