Meduit, a portfolio company of NexPhase Capital, announced on December 5 that JP Recovery Services (JPRS) has joined the Meduit organization. According to the LevinPro HC database, this marks the 310th eHealth transaction of 2022 and the 65th in the revenue cycle management (RCM) subsector.
Meduit is one of the nation’s leading RCM companies with decades of experience in the RCM arena, serving more than 1,000 hospitals and physician practices in 48 states.
Founded in 1998, JPRS provides accounts receivables management, billing and extended business office (pre-collect) services to more than 70 hospitals, physicians groups and private practices across the United States.
The JPRS name will change to JP RMP, and employees will become part of Meduit. Together, the two companies will leverage their combined capabilities to provide a full spectrum of revenue cycle solutions to healthcare organizations in 48 states. Terms of the deal were not disclosed.
