U.S. Bank Acquires Healthcare Payments Platform Salucro Healthcare Solutions
U.S. Bank, lead bank of U.S. Bancorp, announced on August 22 that it has acquired Salucro Healthcare Solutions LLC, a provider of healthcare financial technology. This acquisition builds on U.S. Bank’s more than a century of service to healthcare-focused clients. Founded in 2004 and based in Tempe, Arizona, Salucro is a market leader in providing online billing and payments offerings for healthcare providers across the United States. With more than 70,000 employees and $680 billion in assets as of June 30, 2024, U.S. Bancorp is the parent company of U.S. Bank National Association. Headquartered in Minneapolis, the company serves millions of customers locally, nationally and globally... Read More »
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 »Schedule a demo
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