Specialist investment bank Greenberg Advisors served as the adviser for the transaction. Terms of the deal were not revealed.
” By signing up with forces, we are reinforcing our teams to use a premium denial management and account receivables healing service to the company neighborhood,” Praxis creator and CEO April Kooiman said in a press release. “Our group is positive that the service will continue to flourish and grow under this new partnership.”.
The income cycle management companies are both based in Plano, Texas. Praxis focuses on reinforcing accounts receivable programs for U.S. healthcare service providers. Revint recuperates more than $700 million of underpaid or unidentified earnings for its healthcare customers each year..
The profits cycle management business are both based in Plano, Texas. Praxis focuses on strengthening accounts receivable programs for U.S. health care companies. © Copyright ASC COMMUNICATIONS 2020.
Kelly Gooch –
Tuesday, August 18th, 2020
© Copyright ASC COMMUNICATIONS 2020. Intrigued in LINKING to or REPRINTING this content? View our policies by clicking here.
Revint Solutions, a portfolio business of New Mountain Capital, has acquired Praxis Healthcare Solutions..
More articles on health care financing: West Virginia health system gets bankruptcy strategy authorized; has -120 days money on hand in Q2Childrens Healthcare of Atlanta extends furloughs until NovemberProMedica posts $234.7 M profit