Medusind Solutions Acquires Billing Solutions and edgeMED Healthcare
On August 14 Medusind Solutions, Inc. acquired both Billing Solutions, LLC and edgeMED Healthcare. Monroe Capital LLC acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisitions. Founded in 2011, Billing Solutions is a full-service third-party billing solutions company serving the mental and behavioral health industry. It operates in 13 states, providing revenue cycle management (RCM) services. edgeMED offers expert revenue cycle management services and innovative technological solutions tailored to enhance clinical, financial and operational efficiencies for medical organizations. The company is based in Boca Raton, Florida.... Read More »
DrDoctor Acquires Patient Engagement Platform Maia
On August 12, DrDoctor announced the acquisition of Maia from Mindwave Ventures, a personal health record platform custom built for mental health care that allows users to access appointments and triaging as well as documents, care plans, resources, questionnaires and more. Maia is a flexible and adaptable patient engagement portal, configurable by both the provider (NHS) and end user (patient, clinician and carer), creating a fully personalized experience, catering to individual needs and customized to the specific clinical priorities of each service within any healthcare provider. DrDoctor is the leading patient engagement platform in the United Kingdom, working with the NHS to deliver... Read More »
Health Catalyst Finalizes Acquisition of Care Management Company Lumeon Limited
On August 8, Health Catalyst announced that it has successfully completed its acquisition of Boston, Massachusetts-based Lumeon Limited. Health Catalyst, which trades on the NADAQ market under the ticker “HCAT,” funded the transaction with a mix of stock and cash. Financial terms of the deal were not disclosed. Lumeon Limited is a digital health company providing management care solutions to the healthcare industry. With operations in the United States and the United Kingdom, Lumeon is dedicated to helping provider organizations mend broken care coordination processes through automated care orchestration. Leading providers use Lumeon’s Care Orchestration technology to lower costs,... Read More »
Provident Healthcare Partners Advises Quest Health Solutions in Partnership
Provident Healthcare Partners, a Boston, Massachusetts-based healthcare investment banking firm, announced on July 18 that it had advised Quest Health Solutions in its partnership with Sumitomo Corporation of Americas (SCOA). Quest Health Solutions was founded in 2017 to provide medical supplies to patients with chronic illnesses. The company is headquartered in Coral Springs, Florida, and is a leading provider of continuous glucose monitors (CGM), remote patient monitoring (RPM) services and other medical supplies to diabetic patients. Established in 1952 and headquartered in New York City, SCOA has nine offices in major U.S. cities. SCOA is the largest subsidiary of Sumitomo Corporation,... Read More »
Med-Metrix Announces the Acquisition of RCM Provider HRSI
Med-Metrix, LLC, backed by Greenwich, Connecticut-based private equity firm A&M Capital Partners, announced it has acquired Healthcare Receivable Specialists, Inc. (HRSI). HRSI is a specialized revenue cycle management (RCM) and patient access company providing a comprehensive suite of technology-enabled eligibility management services. The company was founded in 1997 and is based in Newtown, Pennsylvania. Med-Metrix is a leading technology-enabled services platform providing RCM and business intelligence solutions for health systems and physician groups across the United States. The company serves its customers through its Med-Metrix LLC, Medi-Centrix LLC, Physician Advisor On-Call,... Read More »Schedule a demo
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