RCM Holdings (Edgewater) Acquires MedData from MEDNAX
February 2, 2020
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.
- Buyers
- RCM Holdings, LLC, Edgewater Growth Capital Partners IV, L.P.
- Targets
- MedData
- Sellers
- MEDNAX, Inc.
- Platforms
- RCM Holdings, LLC
- Industry
- Healthcare Services
- Location
- Texas, United States
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
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.
-
MedData Acquires RevClaims, LLC
March 1, 2021
Healthcare Services
MedData, a portfolio company of Edgewater Growth Capital Partners IV, has acquired RevClaims, LLC, a specialist in complex claims revenue cycle management including third-party liability, workers' compensation and Veterans Administration claims recovery. The add-on expands MedData’s capabilities in complex claims recovery as it pursues niche RCM acquisitions to broaden its service offering and geographic presence.
-
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.
-
Elevate Patient Financial Solutions Acquires Revenue Masters
June 1, 2023
Healthcare Services
Elevate Patient Financial Solutions, a portfolio company of Edgewater Growth Capital Partners IV, has acquired Revenue Masters, LLC, a technology-focused provider of revenue cycle management (RCM) solutions for health systems and hospitals. The acquisition is an add-on to Elevate's platform as it continues to expand its RCM capabilities and geographic presence.
-
ModuleMD Acquires Diversified Health Care Management and MedEase Practice Management
September 4, 2023
Healthcare Services
ModuleMD has acquired Diversified Health Care Management, Inc. and MedEase (DBA Professional Management Services, Inc.) to expand its revenue cycle management (RCM) capabilities and client footprint in the northwestern United States. The deal brings the target teams and technology into ModuleMD’s physician‑designed SaaS platform to accelerate automation across claims management using RPA, analytics and AI.
-
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.