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
- Industry
- Healthcare Services
- Location
- Arizona, United States
- Transaction Type
- Buyout
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