M&A Deal Summary

CloudMed Solutions Acquires Eligibill

On October 14, 2021, CloudMed Solutions acquired insurance company Eligibill

Acquisition Highlights
  • This is CloudMed Solutions’ 1st transaction in the Insurance sector.
  • This is CloudMed Solutions’ 3rd transaction in the United States.
  • This is CloudMed Solutions’ 1st transaction in Georgia.

M&A Deal Summary

Date 2021-10-14
Target Eligibill
Sector Insurance
Buyer(s) CloudMed Solutions
Deal Type Add-on Acquisition

Target

Eligibill

Atlanta, Georgia, United States
Eligibill provides insurance discovery and clearinghouse services and technology to hospitals, healthcare providers, and third parties. Eligibill offers solutions in insurance discovery, revenue cycle recovery, and clearinghouse services. Eligibill is based in Atlanta, Georgia.

Search 214,877 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

CloudMed Solutions

Chandler, Arizona, United States

Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

CloudMed Solutions is a provider of automated DRG review solution, with a full turnkey offering combining technology and specialist auditors in order to perform a full review of all provider data to identify, investigate, and document opportunities for additional DRG-based reimbursement in an efficient, compliance-focused manner. CloudMed Solutions was founded in 2015 and is based in Chandler, Arizona.


DEAL STATS #
Overall 3 of 3
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Georgia M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-08 MCRC Group

New York, New York, United States

MCRC Group is a provider of revenue cycle solutions for hospital networks. MCRC provides payment validation and managed care services to hospitals and healthcare providers. MCRC Group is based in New York City.

Buy -