RSi RCM, a provider of revenue cycle solutions to hospitals and health systems, announced its acquisition of Invicta Health Solutions, a provider of revenue cycle management solutions to health systems and hospitals.
The terms of the acquisition were not disclosed.
RSi RCM is a portfolio company of WestView Capital and Yukon Partners. It was acquired by private equity firm WestView Capital Partners and mezzanine finance firm Yukon Partners in 2019.
WestView focused on investing in middle-market companies with a longstanding dedication to the revenue cycle sector. Commenting on the latest acquisition news, Matt Carroll of WestView Partner said: “We had our eyes on Invicta for a while, had numerous revenue cycle executives in our network encouraging us to talk with them, and we were familiar with founding CEO (of Invicta Health Solutions) Donny Zamora’s track record. Any time a new company is working with premier hospital clients within a few short years, we know something special is happening. Further, the corporate cultures were a spot-on match.”
According to our database, more than 300+ healthcare revenue cycle management software startups have been acquired to date. The latest acquisitions include
Coronis Health, a provider of end-to-end revenue cycle management solutions to healthcare providers in the U.S., announced the business combination with MiraMed, a provider of end-to-end revenue cycle management and business process outsourcing services to anesthesia practices and commercial healthcare clients.
CorroHealth, a provider of revenue cycle automation solutions to hospitals and health systems, acquired Aergo Solutions, a provider of revenue cycle management solutions specializing in denials management and claim recovery. The terms of the transaction are not disclosed.
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