M&A Deal Summary

Med-Metrix Acquires HBCS

On June 10, 2024, Med-Metrix acquired business services company HBCS

Acquisition Highlights
  • This is Med-Metrix’s 2nd transaction in the Business Services sector.
  • This is Med-Metrix’s 5th transaction in the United States.
  • This is Med-Metrix’s 1st transaction in Delaware.

M&A Deal Summary
Date 2024-06-10
Target HBCS
Sector Business Services
Buyer(s) Med-Metrix
Deal Type Add-on Acquisition

Target

HBCS

New Castle, Delaware, United States
HBCS is a healthcare services organization committed to helping its customers achieve sustainable revenue cycle improvements by streamlining processes, leveraging technology, and employing creative problem-solving. HBCS' focus is on investing in client relationships, discovering new ways to optimize payer revenue, and assisting patients in resolving their healthcare bills. HBCS was formed in 1985 and is headquartered in New Castle, Delaware.

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Buyer(S) 1

Buyer

Med-Metrix

Parsippany, New Jersey, United States
Category Company
Founded 2010
Sector Business Services
DESCRIPTION

Med-Metrix is a provider of performance management analytics, consulting, extended business office, and revenue recovery services to the healthcare industry. Med-Metrix was founded in 2010 and is based in Parsippany, New Jersey.

DEAL STATS #
Overall 5 of 6
Sector (Business Services) 2 of 3
Type (Add-on Acquisition) 5 of 6
State (Delaware) 1 of 1
Country (United States) 5 of 6
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-06 Tritech Healthcare Management

Melville, New York, United States

Tritech Healthcare Management provides workers' compensation and no-fault billing services for over 40 hospitals and other entities. Tritech Healthcare Management was founded in 1999 and is based in Melville, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-15 HRSI

Philadelphia, Pennsylvania, United States

HRSI is a specialized RCM and patient access company providing a comprehensive suite of technology-enabled eligibility management services. HRSI is based in Philadelphia, Pennsylvania.

Buy -
Mergr

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