Medusind Acquires BrightDrive Healthcare Solutions

ClinicMind Acquires Majority Stake in Billing Dynamix

January 16, 2024

Healthcare Services

ClinicMind, Inc. has acquired a majority stake in Billing Dynamix, LLC to expand its revenue cycle management (RCM) and practice-management capabilities for physical therapy practices. The deal will integrate Billing Dynamix's cloud-based billing and practice management platform with ClinicMind's SaaS and service offerings, adding credentialing, prior authorization, coding, a live call center and learning management resources to ClinicMind's product suite.

Alpine Investors Acquires Medusind from H.I.G. Capital

January 12, 2023

Healthcare Services

Alpine Investors has acquired Medusind, a Miami-based provider of revenue cycle management (RCM) solutions, from H.I.G. Capital. The transaction, supported by a senior credit facility arranged by Monroe Capital, positions Alpine to expand its healthcare and healthcare-software portfolio and accelerate Medusind's investments in analytics, AI, and strategic growth initiatives.

R1 RCM Completes Acquisition of Cloudmed

June 21, 2022

Healthcare Services

R1 RCM Inc. completed its previously announced acquisition of Cloudmed in an all-stock transaction valuing Cloudmed at approximately $4.1 billion, including $857 million of net debt. The combined company is positioned to deliver an integrated healthcare revenue cycle management platform with enhanced automation and AI capabilities to improve provider revenue and financial performance.

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.

RCM Holdings (Edgewater) Acquires MedData from MEDNAX

February 2, 2020

Healthcare Services

Edgewater Growth Capital’s newly formed portfolio company RCM Holdings, LLC has acquired MedData, a national provider of technology-enabled revenue cycle management services, from MEDNAX, Inc. The deal creates a PE-backed RCM platform aimed at consolidating niche revenue cycle management capabilities and expanding geographic presence and service offerings to hospitals, health systems and physician groups.

H.I.G. Capital Invests in Medusind Solutions

April 11, 2019

Healthcare Services

H.I.G. Capital (through an affiliate) completed a strategic investment in Medusind Solutions, a Miami-based provider of revenue cycle management and practice management software. The investment is intended to accelerate Medusind's growth — both organically and via add-on acquisitions — and support continued product and service expansion.