QHR Health Acquires Revenue Cycle Provider Resolution

Grant Avenue Capital Acquires QHR Health from Quorum Health Corporation

June 1, 2021

Healthcare Services

Grant Avenue Capital, with co-investors Nashville Capital Network and Brentwood Capital Partners, acquired a majority interest in QHR Health from Quorum Health Corporation. QHR Health — a shared-services provider for independent, critical access and rural hospitals — will operate as an independent, growth-oriented platform focused on technology-enabled shared services, revenue cycle management, supply chain optimization and outsourced IT, with Grant Avenue planning organic investment and add-on acquisitions to expand capabilities.

MedHQ Acquires Trajectory Revenue Cycle Services

August 29, 2024

Healthcare Services

MedHQ has acquired Trajectory Revenue Cycle Services, a Wichita-based revenue cycle management firm founded by Derrick Idbeis, to expand MedHQ's revenue cycle capabilities and scale across physician and outpatient markets. The deal adds more than 150 team members to MedHQ's platform and names Idbeis EVP of Business Development for the combined organization.

TRC Healthcare Acquires QURE Healthcare

March 15, 2022

Healthcare Services

TRC Healthcare, a Denver-based provider of continuing education for healthcare professionals, has acquired QURE Healthcare to scale QURE's Clinical Performance and Value (CPV) patient simulation software and strengthen TRC's evidence-based education offerings. QURE founder Dr. John Peabody will continue as QURE's president and will also serve as Chief Medical Officer at TRC, as the acquisition aims to reduce unwarranted variation in care and improve patient outcomes.

i3 Verticals Acquires Healthcare Revenue Cycle Management Business

October 1, 2021

Healthcare Services

i3 Verticals, Inc. acquired an undisclosed healthcare revenue cycle management business effective October 1, 2021 for $60.0 million in cash. The acquired business provides revenue cycle management, administrative and consulting services to hospitals, academic medical centers and practice groups—leveraging proprietary software, EHR integrations and payer relationships to expand i3 Verticals' Healthcare vertical.

The Corridor Group Acquires Comprehensive A/R Solutions

April 4, 2023

Healthcare Services

The Corridor Group Holdings, LLC (a portfolio company of HealthEdge Investment Partners) has acquired Comprehensive A/R Solutions, a revenue cycle management provider focused on Skilled Nursing Facilities. Sandy Shur, founder of Comprehensive, will continue to lead the business and join Corridor's executive leadership and Board as Corridor expands its post-acute, technology-enabled RCM capabilities.

Advanced Hospice Management Acquires Healthcare Management and Billing Service to Form Advanced Revenue Cycle Management

June 1, 2023

Healthcare Services

Advanced Hospice Management (AHM), majority-owned by Perkin Industries, has acquired Healthcare Management and Billing Service, LLC (HCMBS). Delaine Henry (a nationally recognized hospice and home health billing expert) will become an owner and CEO of the combined business, which will be renamed Advanced Revenue Cycle Management (ARCM) to expand hospice, palliative and home health revenue cycle management capabilities across the United States.