Knack Global Acquires The Billing Center

Knack RCM Acquires HealthyBOS

January 16, 2025

Healthcare Services

Knack RCM has acquired HealthyBOS, a U.S. and Philippines-based revenue cycle management (RCM) provider, to expand its Philippines fulfillment capacity and deepen expertise in the durable medical equipment (DME) RCM market. The deal increases Knack's in-country Philippines team substantially (from ~200 to ~1,500) and will keep HealthyBOS CEO Tammy Bishop in a leadership role; LKCM Headwater Investments is Knack's financial partner and Greenberg Advisors served as financial advisor.

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.

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.

Knack RCM Acquires PPM Partners

March 11, 2025

Healthcare Services

Knack RCM has acquired PPM Partners, a Montgomery, Alabama-based revenue cycle management (RCM) firm founded in 1991 that specializes in anesthesia billing and practice management. The deal expands Knack's anesthesia services footprint and brings PPM's management team into Knack's Anesthesia Services division; Knack completed the transaction with financial partner LKCM Headwater Investments.

LKCM Headwater and Weave Growth Partners Recapitalize Knack Global

January 18, 2022

Healthcare Services

LKCM Headwater Investments, with support from Weave Growth Partners, completed a recapitalization investment in Knack Global to accelerate the company's growth. Knack's founder Rajiv Sharma retained a significant equity stake and will remain CEO as the investors help expand sales, tech-enabled service delivery, and pursue opportunistic acquisitions in the RCM market.

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.