SimiTree has acquired Afia and GreenpointMed. Greenberg Advisors, LLC served as exclusive M&A advisor to SimiTree. Terms of the deal were not disclosed.
SimiTree, which is based in Hamden, Connecticut, provides tech-enabled specialty revenue cycle management, coding, professional services and talent management resources for post-acute and behavioral health organizations.
Ann Arbor, Michigan-based Afia uses data-driven decision-making to solve business challenges by simplifying EHR implementations, driving clinical best practice, optimizing revenue cycles and creating IT infrastructures.
Founded in 2016, Boca Raton, Florida-based GreenpointMed is a medical billing and credentialing service provider offering a streamlined process for billing and credentialing.
According to data captured in the LevinPro HC database, this acquisition represents the 10th eHealth deal of 2023. There were 321 eHealth transactions reported in 2022.