Ventra Health Acquires ArcMed
On July 18, Ventra Health announced that it acquired ArcMed for an undisclosed price. ArcMed is an India-based billing and automation services organization. It provides revenue cycle management (RCM) services. Ventra Health is a healthcare organization focused on tech-enabled RCM, practice management and advisory solutions for hospital-based physicians. The company was founded in 2021 and is based in Dallas. The ArcMed acquisition will strengthen Ventra Health’s service performance and quality, optimize operational efficiencies and provide added scale for automation and growth. According to data captured in the LevinPro HC database, this transaction represents the 153rd eHealth... Read More »
Thermo Fisher Scientific to Acquire CorEvitas from Audax Private Equity
Thermo Fisher Scientific Inc. announced that it entered into a definitive agreement to acquire CorEvitas, LLC from Audax Private Equity, for $912.5 million. The transaction is expected to be completed by the end of 2023. CorEvitas, based in Waltham, Massachusetts, with operations focused in the United States, provides regulatory-grade, real-world evidence solutions to pharmaceutical and biotechnology companies with objective data and clinical insights to improve patient care and clinical outcomes. CorEvitas manages 12 registries, including nine autoimmune and inflammatory syndicated registries. Its multi-therapeutic data intelligence platform builds and scales multiple clinical registries... Read More »
PE-Backed UnisLink Acquires RCM Provider HST
UnisLink has announced its acquisition of Healthcare Support Technologies (HST), a revenue cycle management (RCM) solutions provider based in New Brighton, Pennsylvania. HST provides medical billing, credentialing and medical coding services to independent physician practices, federally qualified health centers, rural health clinics and regional health systems across the United States. UnisLink, a portfolio company of Boston-based private equity firm Riverside Partners, is a national leader in revenue cycle and population health management services for independent physician practices. HST strengthens UnisLink’s position as a comprehensive provider of RCM solutions and expands the... Read More »
Billed Right Acquires Custom Billing Services of Ohio
Billed Right announced on June 20 its recent expansion through the acquisition of Custom Billing Services of Ohio Inc. This strategic move represents a significant milestone for Billed Right as it reinforces its position as a premier player in the revenue cycle management (RCM) industry while broadening its reach across the nation. Custom Billing Services of Ohio is a North Canton, Ohio-based medical billing company. The company was established in 1999. Founded in 2006, Billed Right is a Florida-based company providing leading and innovative expertise in RCM solutions and operational management for healthcare organizations of all specialties. The acquisition of Custom Billing Services of... Read More »
MiCare Path Announces Acquisition of SmarTrac
MiCare Path is expanding across markets in need of musculoskeletal solutions by acquiring SmarTrac, the only “smart” patient compliance sensor on the market today, from OnTracMD. SmarTrac enables physicians, therapists, nurse case managers and adjustors to monitor critical elements of a home exercise program including compliance, therapy progress and outcome data. SmarTrac is FDA registered. MiCare Path has developed a reimbursable integrated mobile health platform designed to promote clinical efficiencies for patient experience. The company’s platform builds a connection with patients, guides on wellness, tracks patients’ clinical scores, activity levels and weight... Read More »Schedule a demo
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