Healthcare Technology: R1 RCM deal shines light on revenue cycle sector
healthcare.digital August 19, 2024
Nelson Advisors Partner and HealthTech M&A Advisor Lloyd Price sharing his thoughts on the Revenue Cycle Management (RCM) market and USD $7Bn bid for R1 RCM with the team at MergerMarket
Revenue cycle management (RCM) has become one of the brightest stars in the healthcare technology firmament after the USD $7Bn bid for R1 RCM [NASDAQ:RCM] from private-equity groups TowerBrook Capital Partners and Clayton, Dubilier & Rice on 1st August.
The attraction is simple: Financial sponsors and strategics continue to see blue sky for growth both organically and through acquisition in a highly fragmented market that quite literally pays the bills in healthcare.
RCM software helps hospitals, doctors and other healthcare groups bill for services and collect payments.
“It’s clearly...