Cosentus Acquires AllianceMed and MedCloud

October 12, 2023

Cosentus has acquired AllianceMed and its subsidiary MedCloud Software Solutions; financial terms were not disclosed. AllianceMed provides in-network and out-of-network billing for ASCs, DME companies, and physician groups, while MedCloud offers billing software, an ASC-focused EMR, and DME management technology; Cosentus plans to invest in the platform and develop AI capabilities to expand its tech-enabled services for independent physician groups and facilities.

Buyers
Cosentus
Targets
AllianceMed, MedCloud Software Solutions
Location
Arizona, United States
Transaction Type
Buyout

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