R1 RCM Acquires Acclara from Providence

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.

TowerBrook and CD&R Acquire R1 RCM for $8.9 Billion

August 1, 2024

Healthcare Services

Investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice agreed to acquire all outstanding shares of R1 RCM Inc. in an all-cash transaction valuing the company at approximately $8.9 billion ($14.30 per share). The transaction will take R1 private to support continued investment in its revenue-cycle automation platform and expansion of intelligent automation and generative AI capabilities for healthcare providers.

R1 RCM Acquires SCI Solutions

April 1, 2020

Healthcare Services

R1 RCM Inc. completed the acquisition of SCI Solutions, a provider of digital patient access and engagement software, to expand its technology-enabled revenue cycle and patient intake capabilities. The deal (announced Jan 2020, closed Apr 2020) brings SCI’s EHR-agnostic care coordination marketplace and digital “front door” offerings into R1’s platform, and was previously owned by investors including The Wicks Group, NEA and Columbia Pacific.

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.

Access Healthcare Acquires Envera Health

October 12, 2023

Healthcare Services

Access Healthcare, a global revenue cycle management provider based in Dallas, has acquired Envera Health, a U.S.-based patient engagement services company. The deal expands Access Healthcare's end-to-end RCM capabilities by adding omnichannel patient engagement and managed services to its technology-enabled offerings.

Kaufman Hall Acquires Claro Healthcare

September 22, 2022

Healthcare Services

Kaufman Hall has entered into a definitive agreement to acquire Claro Healthcare, a clinical documentation and revenue cycle improvement consulting firm. The deal — expected to close in mid to late October 2022 — will expand Kaufman Hall's clinical documentation, revenue cycle and hospital operations capabilities while allowing Claro to retain its brand as "Claro Healthcare, a Kaufman Hall company."