Ventra Health, a provider of revenue cycle management, practice management, and advisory services for hospital-based physician specialties, announced the acquisition of Deras Global Services, a provider of revenue cycle management services for hospital-based physician specialties.
The terms of the transaction were not disclosed. The offshore acquisition expands Ventra Health’s footprint in the Philippines.
“The acquisition further expands our tech-enabled revenue cycle management, practice management, and advisory solutions for hospital-based physicians,” Ventra Health said in a press statement. The company works with private practices, hospitals, health systems, and physician management organizations to deliver cloud-based solutions that solve healthcare providers’ complex revenue and reimbursement issues.
Ventra Health was formed in August 2019 through the merger of three healthcare revenue cycle management software companies, DuvaSawko, abeo, and Gottlieb.
To date, 300+ healthcare revenue cycle management software companies have been acquired, according to our M&A database. The most recent acquisitions include:
AGS Health, a provider of revenue cycle management solutions for healthcare providers in the U.S., acquired Availity’s cloud-based patient access outsourcing business unit in India. Availity is a Florida-based healthcare technology company.
Aspirion, a provider of cloud-based revenue cycle management solutions for healthcare providers, recently merged with ARx, a provider of revenue cycle management solutions for the healthcare industry. The details of the transaction were not disclosed.
