Complete Recovery Corporation Acquires Prince Parker & Associates, Inc.

Longshore Capital Partners Makes Strategic Investment in Professional Recovery Consultants

August 13, 2019

Healthcare Services

Longshore Capital Partners completed a strategic investment in Professional Recovery Consultants (PRC), a Durham, North Carolina-based revenue cycle management and collections services provider serving hospitals, physician groups, government agencies, utilities and financial services clients. Longshore said it will support PRC’s growth through investments in people and technology and pursue strategic add-on acquisitions to expand the business.

Physical Rehabilitation Network Acquires Professional Rehabilitation Associates

April 16, 2021

Healthcare Services

Physical Rehabilitation Network (PRN), a Carlsbad-based physical therapy provider and portfolio company of Gryphon Investors, acquired Professional Rehabilitation Associates, PSC (PRA), adding three outpatient clinics and management of one inpatient physical therapy center in Kentucky. The deal expands PRN's national footprint to roughly 150 clinics across 14 states and marks PRN's entry into the Kentucky market.

Risk Strategies Acquires Prince Associates, Inc.

November 9, 2023

Insurance

Risk Strategies, a national specialty insurance brokerage, has acquired Prince Associates, Inc., a multi-line retail insurance agency based in Hicksville, New York. The acquisition (terms not disclosed) expands Risk Strategies' commercial lines and risk management capabilities and brings Prince Associates' clients and services into the Risk Strategies platform.

Wakefield & Associates Acquires Choice Recovery's Debt Collection Business

October 20, 2022

Healthcare Services

Wakefield & Associates acquired the debt collection business of Choice Recovery, Inc., expanding Wakefield's geographic presence in the Great Lakes region and strengthening its healthcare revenue cycle capabilities. The acquired business adds more than 90 employees and bolsters Wakefield's ability to provide comprehensive revenue cycle management services to healthcare providers.

Lionheart Acquisition Corp II Completes Business Combination with MSP Recovery

May 23, 2022

Healthcare Services

Lionheart Acquisition Corporation II completed its previously announced business combination with MSP Recovery, LLC, creating MSP Recovery, Inc., which will begin trading on the Nasdaq Global Market under the symbol "MSPR". MSP Recovery is a Medicare, Medicaid, commercial and secondary payer reimbursement recovery leader; the transaction was announced with an implied enterprise value of approximately $32.6 billion and is intended to provide the company access to public markets to scale its data-driven claims recovery capabilities.

Meduit Acquires JP Recovery Services (JPRS)

December 5, 2022

Healthcare Services

Meduit, a Charlotte-based healthcare revenue cycle solutions company, announced that JP Recovery Services (JPRS) has joined the Meduit organization. The merger adds JPRS’s accounts receivable management, billing and extended business office capabilities to Meduit’s suite of RCM services; JPRS owners John Beirne and John Murray are transitioning into consulting roles ahead of retirement.