Eir Partners, a New York-based private equity firm focused exclusively on companies operating in the healthcare and healthcare technology marketplace sectors, announced on Aug. 16 the completion of a growth recapitalization of ClaimLogiq. Terms of the deal were not disclosed.
ClaimLogiq is a medical claims processing company that provides integrated revenue cycle management (RCM) solutions and electronic transaction processing systems and tools for healthcare providers of all size, including hospitals and physicians.
Founded in 2015, Eir Partners’ targeted stages of investment include growth equity through control buyouts. Eir Partners has completed or partnered on over $4.2 billion in healthcare technology transactions and has been involved with several large health tech companies including CloudMed, Equian, Millennia, Convey and others.
The announcement follows ClaimLogiq’s acquisition of SyTrue, a provider of healthcare natural language processing technology, in July 2022.
According to the LevinPro HC database, this marks the 227th eHealth transaction of 2022 and the 43rd announced in the RCM subsector. The RCM deal with the largest disclosed price of 2022 was R1 RCM acquiring Cloudmed for $4.1 billion.
