PE-Backed UnisLink Acquires RCM Provider HST
UnisLink has announced its acquisition of Healthcare Support Technologies (HST), a revenue cycle management (RCM) solutions provider based in New Brighton, Pennsylvania. HST provides medical billing, credentialing and medical coding services to independent physician practices, federally qualified health centers, rural health clinics and regional health systems across the United States. UnisLink, a portfolio company of Boston-based private equity firm Riverside Partners, is a national leader in revenue cycle and population health management services for independent physician practices. HST strengthens UnisLink’s position as a comprehensive provider of RCM solutions and expands the... Read More »
CROs Are Still Trending as Q4 Rolls On
In the first week of November, BioAgilytix Labs, LLC, a portfolio company of Riverside Partners, purchased Cambridge Biomedical. Both Cambridge and BioAgilytix are contract research organizations (CROs) that develop novel therapeutic biologics and biosimilars, specializing in large molecule bioanalysis. The transaction expands BioAgilytix’s global footprint and adds further capacity by joining Cambridge Biomedical’s CLIA-certified, CAP-accredited, and GLP-compliant facility with its GxP laboratories in Durham, North Carolina and Hamburg, Germany. It also gives BioAgilytix a total of 400 employees. The merger follows a busy October for CROs, in which five deals were reported, accounting for... Read More »