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

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.

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.

Medusind Acquires BrightDrive Healthcare Solutions

May 31, 2023

Healthcare Services

Medusind, a Miami-based revenue cycle management (RCM) provider, has acquired BrightDrive Healthcare Solutions, an RCM company founded by Tina Wellman. The acquisition is an add-on to Medusind’s platform intended to accelerate technology, analytics and AI investments while maintaining BrightDrive’s team and client service model.

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.

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.

Medusind Acquires AVA Billing & Consulting from Lightning Step

June 1, 2023

Healthcare Services

Medusind, an Alpine Investors portfolio company, has acquired AVA Billing & Consulting from Lightning Step (backed by Gallant Capital Partners) in a divestiture. The sale allows Lightning Step to refocus on its core behavioral health software platform while AVA will expand under Medusind's larger RCM platform and resources; terms were not disclosed.