Aspirion Acquires FIRM Revenue Cycle Management Services
Aspirion announced on May 19 that it has acquired FIRM Revenue Cycle Management Services, Inc. for an undisclosed price. The acquisition closed on May 18, 2023. FIRM Revenue Cycle Management Services is an attorney-driven company that utilizes clinicians and case, contract and statutory law to assist hospitals in recovering denied, unpaid and underpaid medical insurance claims. Aspirion is a revenue cycle management (RCM) company that helps hospitals and physicians recover otherwise lost claims revenue from motor vehicle accidents, workers compensation, the Veteran’s Administration and Tricare as well as out-of-state Medicaid, Medicaid eligibility, underpayments and denials. New... Read More »
New Mountain Capital Acquires Apixio from Centene
New Mountain Capital announced on May 3 that it acquired Apixio Inc. from Centene Corp. for an undisclosed price. According to data captured in the LevinPro HC database, this acquisition represents the 100th eHealth transaction of the year, and the 15th in the analytics specialty. William Blair is serving as Centene’s financial adviser and Bass, Berry & Sims, PLC as its legal counsel. J.P. Morgan Securities LLC is serving as financial adviser to New Mountain Capital, and Ropes & Gray LLP is serving as its legal counsel. Apixio provides a technology suite that mines, compiles and analyzes large volumes of disparate, unstructured patient data (such as physician notes and... Read More »
Bonatra Acquires Femtech Startup MyAva
Healthcare start-up Bonatra announced on May 2 its acquisition of women’s health and wellness company MyAva for an undisclosed amount. According to data captured in the LevinPro HC database, this acquisition represents the 98th eHealth transaction of 2023, including 20 in the telehealth specialty. There were 150 eHealth and 21 telehealth deals announced between January 1, 2022, and May 2, 2022. Through this acquisition, Bonatra aims to expand its healthcare programs and become a one-stop platform for the management of chronic health conditions. Terms of the deal were not disclosed. Founded in 2019 by Evelyn Immanuel, MyAva is a femtech start-up that offers curated programs and... Read More »
Telehealth Company eVisit Announces the Acquisition of Bluestream Health
eVisit, backed by Goldman Sachs Asset Management, announced on April 27 the acquisition of Bluestream Health for an undisclosed price. The addition of Bluestream Health brings to eVisit digital front door capabilities and integrated language services for patients to seamlessly access care. Bluestream Health is a virtual care platform designed to help healthcare facilities provide care and streamline workflows across scheduled and on-demand visits related to wound care, home health and behavioral care. Professionals can track sessions using reports and manage intake or triage across locations. eVisit is a virtual care operating platform for health systems and large, complex healthcare... Read More »
