New York-based Enhanced Healthcare Partners (EHP) has made a strategic growth investment in Janus Health.
Janus Health intends to use the investment for rapid market expansion, product development and go-to-market initiatives. Terms of the deal were not disclosed.
Janus Health is a Chicago-based provider of healthcare revenue cycle management (RCM) technology. The company helps health systems and revenue cycle service companies understand, optimize and automate RCM workflow processes. Over the past 12 months, Janus has completed more than 500 million process events and automated more than 40 million transactions.
EHP is a healthcare-focused private equity firm committed to partnering with family and founder-run businesses. EHP has raised more than $1 billion in committed capital, completed investments in more than 15 companies and closed more than 100 tuck-in acquisitions.
According to data captured in the LevinPro HC database, this acquisition marks the 63rd eHealth transaction of 2023 and the 14th in the RCM specialty. This represents a significant drop from 2022 when there were 109 eHealth transactions and 21 RCM deals announced between January 1, 2022, and March 21, 2022.
