Operating Company Healthcare

Elevate Patient Financial Solutions

Spring, Texas, United States

Trusted partner delivering revenue cycle management (RCM) solutions to hospitals, health systems, and health providers nationwide, including Eligibility & Disability, Self-Pay, Third Party Liability, Workers' Compensation, Veterans Administration, COB Denials, Out-of-State Eligibility, and A/R services (billing, insurance follow-up, legacy conversions, and aged A/R work down).

Focus Areas
Revenue cycle management (RCM) services, Eligibility & disability, Out-of-state eligibility
Website
elevatepfs.com

Tracked deals

4

4 tracked deals across 2023-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Addon

3 addon · 1 buyout

Elevate Patient Financial Solutions Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Elevate Patient Financial Solutions. 1 2023 2 2024 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Elevate Patient Financial Solutions
    Target
    Centauri Health Solutions' Health Systems Services division
    Seller
    Centauri Health Solutions
    Location
    United States
    Type
    Buyout

    Elevate Patient Financial Solutions (ElevatePFS) has completed a carve-out acquisition of Centauri Health Solutions’ Health Systems Services division (Centauri HSS). Centauri HSS provides specialized eligibility and enrollment services for Medicaid and disability benefits, out-of-state Medicaid billing, and other complex revenue cycle services. Financial terms were not disclosed.

  • Buyer
    Elevate Patient Financial Solutions, Frazier Healthcare Partners, The Edgewater Funds
    Target
    NYX Health Eligibility Services
    Type
    Addon

    Elevate Patient Financial Solutions (ElevatePFS), a PE-backed provider of technology-enabled revenue cycle management (RCM) solutions, has acquired NYX Health Eligibility Services, a Medicaid eligibility verification and enrollment specialist based in Alpharetta, Georgia. The add-on expands ElevatePFS' front-end eligibility and enrollment capabilities to strengthen its end-to-end RCM offering for hospitals and health systems.

  • Buyer
    Elevate Patient Financial Solutions, The Edgewater Funds, Frazier Healthcare Partners
    Target
    Professional Medical Services
    Type
    Addon

    Elevate Patient Financial Solutions (ElevatePFS), a PE-backed revenue cycle management (RCM) provider, has acquired Professional Medical Services, a Fort Worth-based specialist in low-balance accounts receivable resolution. The deal expands ElevatePFS’s accounts receivable and low-balance collection capabilities and is supported by ElevatePFS’s sponsors, The Edgewater Funds and Frazier Healthcare Partners.

  • Buyer
    Elevate Patient Financial Solutions, Inc., Edgewater Growth Capital Partners IV
    Target
    Revenue Masters, LLC
    Location
    United States
    Type
    Addon

    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.

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