Firstsource Solutions Limited Acquires PatientMatters

Firstsource Solutions Acquires Quintessence Business Solutions & Services

May 3, 2024

Healthcare Services

Firstsource Solutions Limited has acquired Quintessence Business Solutions & Services Pvt. Ltd., an India-based revenue cycle management (RCM) services and technology provider. The acquisition expands Firstsource's AI-enabled end-to-end RCM capabilities and offshore delivery footprint to better serve US hospitals, physician practices, and integrated health systems.

Firstsource Solutions Acquires TeleMedik

January 15, 2026

Healthcare Services

Firstsource Solutions Limited has acquired Puerto Rico–based TeleMedik to strengthen its digital and clinical capabilities in the U.S. healthcare payer and provider markets. The deal expands Firstsource’s utilization and care-management offerings and adds operational delivery in Puerto Rico to support Medicaid, Medicare Advantage and dual-eligible populations.

DrFirst Acquires Myndshft Technologies

April 18, 2024

Cloud & SaaS

DrFirst has acquired substantially all assets of Myndshft Technologies to integrate Myndshft’s real-time medical benefits verification and automated prior-authorization SaaS into DrFirst’s medication-management platform. The deal aims to speed patient access to specialty medications covered under medical benefits and reduce administrative burden for providers by combining Myndshft’s AI-driven automation with DrFirst’s scale and EHR integrations.

Elevate Patient Financial Solutions Acquires Revenue Masters

June 1, 2023

Healthcare Services

Elevate Patient Financial Solutions, a portfolio company of Edgewater Growth Capital Partners IV, has acquired Revenue Masters, LLC, a technology-focused provider of revenue cycle management (RCM) solutions for health systems and hospitals. The acquisition is an add-on to Elevate's platform as it continues to expand its RCM capabilities and geographic presence.

Elevate Patient Financial Solutions Acquires Professional Medical Services

January 9, 2024

Healthcare Services

Elevate Patient Financial Solutions (ElevatePFS), a PE-backed revenue cycle management (RCM) provider, has acquired Professional Medical Services, a Fort Worth-based specialist in low-balance accounts receivable resolution. The deal expands ElevatePFS’s accounts receivable and low-balance collection capabilities and is supported by ElevatePFS’s sponsors, The Edgewater Funds and Frazier Healthcare Partners.

Med-Metrix Acquires PatientPal

May 10, 2022

Cloud & SaaS

Med-Metrix, a technology-enabled revenue cycle management (RCM) platform backed by A&M Capital Partners, has acquired PatientPal, a Boston-based provider of front-end patient engagement and RCM software. PatientPal — which serves over 40 customers in 35 states — will be rebranded into Med-Metrix’s AnalytX suite to expand front-end intake, automation and RPA capabilities; financial terms were not disclosed.