M&A Deal Summary |
|
|---|---|
| Date | 2015-06-23 |
| Target | Avectus Healthcare Solutions |
| Sector | Insurance |
| Buyer(s) | Bolder Healthcare Solutions |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2012 |
| Sector | Information Technology |
| Employees | 800 |
Bolder Healthcare Solutions LLC is a privately-held provider of revenue cycle management (RCM) solutions to hospitals, physician practices and other specialist healthcare organizations in the United States. RCM software and processes integrate and automate healthcare administrative and medical data to ensure benefit eligibility and accurate billing and collections, greatly reducing the time between delivery of service to payment received. Louisville, Kentucky-based Bolder Healthcare Solutions is one of the fastest growing RCM companies, serving many of the largest U.S. health systems. Their RCM offerings will further expand Cognizant's leading healthcare consulting, IT and business process services into more hospitals, hospital outpatient departments, physician practices, and other specialty care providers.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 6 |
| Sector (Insurance) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 6 |
| State (Mississippi) | 1 of 1 |
| Country (United States) | 2 of 6 |
| Year (2015) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-23 |
PPM Information Services
Kansas, United States PPMIS provides software and services for claims processing, collections management, reporting, patient scheduling, registration, coding, and financial management. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-25 |
The ROI Companies
Baltimore, Maryland, United States ROI provides critical services to hospitals and physician groups including insurance billing and follow-up, self-pay billing, coding, eligibility, consulting, cash acceleration and collections. |
Buy | - |
