Elevate Patient Financial Solutions Overview

Information TechnologyCompany

Is Elevate Patient Financial Solutions PE-backed?

Yes. Elevate Patient Financial Solutions is owned by private equity investors Audax Private Equity and Parthenon Capital.

Was Elevate Patient Financial Solutions formerly PE-backed?

Yes. Elevate Patient Financial Solutions was formerly owned by 3 private investors.

Where is Elevate Patient Financial Solutions headquartered?

Elevate Patient Financial Solutions is headquartered in Spring, Texas.

What sector is Elevate Patient Financial Solutions in?

Elevate Patient Financial Solutions is an information technology company.

When was Elevate Patient Financial Solutions founded?

Elevate Patient Financial Solutions was founded in 1980.

Acquired by Audax Private Equity (Investor) Parthenon Capital (Investor) on 2025-08-04

Elevate Patient Financial Solutions

Elevate Patient Financial Solutions, Inc.

25700 Interstate 45 North, Suite 300,
Spring, Texas 77386
United States,
(800) 835-7474
www.elevatepfs.com

Elevate Patient Financial Solutions is a provider of technology-enabled revenue cycle management services for hospitals, health systems, and healthcare providers. Elevate Patient Financial Solutions proprietary technology platform offers a unified suite of solutions designed to engage patients, empower physicians and hospitals, and improve financial outcomes throughout the entire healthcare continuum. For four decades, the company has been providing innovative solutions to the medical community and serving hundreds of millions of patients across numerous medical specialties. Elevate Patient Financial Solutions was founded in 1980 and is based in Spring, Texas.

M&A Summary

Buy vs Sell

Year		≤ '20	'21	'22	'23	'24	'25	T
Buy (0.8/yr)	#	5	1	-	1	2	-	9
Buy (0.8/yr)	vol	$400M						$400M
Sell (0.0/yr)	#	-	-	-	-	-	-	0
								9

Company Summary

SECTOR

Information Technology

Established

1980

Former Name

MedData, Inc.

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