CareCloud Acquires RevNu Medical Management

R1 RCM Acquires Cloudmed

June 21, 2022

Healthcare Services

R1 RCM Inc. completed its acquisition of Cloudmed, combining two leading revenue cycle management (RCM) businesses to deliver an integrated, technology-driven platform for healthcare providers. The deal brings Cloudmed's data-driven RCM solutions and client base into R1's operations to expand capabilities and accelerate digital transformation across hospitals, health systems, and physician groups.

Cloudmed Acquires Managed Care Revenue Consulting Group (MCRC Group)

July 8, 2021

Healthcare Services

Cloudmed, a healthcare revenue intelligence company based in Atlanta, acquired Managed Care Revenue Consulting Group (MCRC Group), a New York City-based provider of managed care and revenue cycle consulting services. The acquisition combines MCRC's managed care and payment validation expertise with Cloudmed's Revenue Intelligence platform to expand Cloudmed's revenue recovery and managed care capabilities for hospitals and health systems.

Creach Family Holdings Acquires HealthRev Partners

December 4, 2024

Healthcare Services

Creach Family Holdings, a privately held family investment firm, has acquired HealthRev Partners, a technology-enabled revenue cycle management (RCM) provider serving the home health and hospice market. The acquisition will integrate HealthRev's RCM capabilities with Creach's portfolio EMR platform Careficient to offer a combined suite of clinical and billing solutions for home health and hospice providers.

MedData Acquires RevClaims, LLC

March 1, 2021

Healthcare Services

MedData, a portfolio company of Edgewater Growth Capital Partners IV, has acquired RevClaims, LLC, a specialist in complex claims revenue cycle management including third-party liability, workers' compensation and Veterans Administration claims recovery. The add-on expands MedData’s capabilities in complex claims recovery as it pursues niche RCM acquisitions to broaden its service offering and geographic presence.

CoachCare Acquires Revolution Health Solutions

December 2, 2024

Healthcare Services

CoachCare, a New York–based remote patient monitoring and virtual care management provider, has acquired Texas-based Revolution Health Solutions, a turnkey care management firm specializing in RPM, CCM and RTM. The acquisition expands CoachCare's clinical capabilities and extends its geographic footprint to support more patients and providers across additional specialties.

CorroHealth Acquires ParaRev

May 18, 2022

Healthcare Services

CorroHealth, a Carlyle-backed provider of clinically led revenue cycle management (RCM) solutions, has acquired ParaRev, a Chicago-based leader in accounts receivable recovery previously backed by Housatonic Partners. The deal (an add-on to the CorroHealth platform) expands CorroHealth's targeted RCM capabilities, including denial recovery and zero-balance underpayment recovery.