Innoval Global Solutions (Kriya Capital) Acquires Medstat Accounts Receivable Management, Inc.

National Medical Billing Services Acquires Medi-Corp, Inc.

May 17, 2022

Healthcare Services

National Medical Billing Services, a surgery-focused revenue cycle management (RCM) company backed by Aquiline Capital Partners, has acquired Medi-Corp, Inc., a Cranford, New Jersey-based RCM provider specializing in anesthesia, ASCs, and pain management. The add-on expands National Medical's anesthesia billing capabilities and marks the firm's third transaction since its January 2021 partnership with Aquiline.

Knack Global Acquires Delta Business Systems, Inc. dba MediSYS

January 30, 2023

Healthcare Services

Knack Global, a Florida-based revenue cycle management (RCM) provider, has acquired Delta Business Systems, Inc. dba MediSYS, a Birmingham-area medical billing and practice-management/EHR support provider. The deal is an add-on for Knack following its recapitalization by LKCM Headwater Investments and Weave Growth Partners and expands Knack's RCM footprint into the southern United States.

Cambridge Capital Acquires Majority Stake in STAT Recovery

May 29, 2024

Cloud & SaaS

Cambridge Capital has made a majority investment in STAT Recovery, a machine-learning invoice audit software platform that helps retail suppliers recover improper deductions and compliance fines. The investment will fund technology enhancements, expansion into additional retail ecosystems, and go-to-market growth; Cambridge has appointed Kamal Sundar as CEO and added senior industry executives to STAT's board.

Medusind Acquires RC McLean & Associates' Revenue Cycle Management Agreements

July 6, 2021

Healthcare Services

Medusind has acquired the revenue cycle management (RCM) agreements of RC McLean & Associates, a California-based anesthesia billing and practice management firm established in 1983. The deal expands Medusind's presence in Southern California and brings additional anesthesia and specialty clients onto its technology-enabled RCM platform.

Knack Global Acquires Merrick Management, Inc.

August 8, 2024

Healthcare Services

Knack Global, a tech-enabled provider of revenue cycle management (RCM) solutions, has acquired Merrick Management, Inc., a Lexington, Kentucky-based anesthesia-focused RCM and practice management firm. The deal expands Knack's specialty RCM capabilities into the anesthesia market and will fold Merrick's leadership into a new Anesthesia Services division while Knack continues to grow alongside investment partner LKCM Headwater.

Sustainable Medical Billing Acquires MedEvolve's RCM Services Business

September 3, 2025

Healthcare Services

Sustainable Medical Billing has acquired the revenue cycle management (RCM) services business from MedEvolve, allowing MedEvolve to focus exclusively on its AI-driven practice management and analytics products. The transaction transfers MedEvolve's service operations and client relationships to Sustainable Medical Billing, which will continue using MedEvolve's Practice Management system and Effective Intelligence suite to support clients and expand its Little Rock presence.