M&A Deal Summary

Med-Metrix Acquires Tritech Healthcare Management

On June 6, 2023, Med-Metrix acquired healthcare services company Tritech Healthcare Management

Acquisition Highlights
  • This is Med-Metrix’s 1st transaction in the Healthcare Services sector.
  • This is Med-Metrix’s 4th transaction in the United States.
  • This is Med-Metrix’s 1st transaction in New York.

M&A Deal Summary
Date 2023-06-06
Target Tritech Healthcare Management
Sector Healthcare Services
Buyer(s) Med-Metrix
Deal Type Add-on Acquisition

Target

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.

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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 4 of 6
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 4 of 6
State (New York) 1 of 1
Country (United States) 4 of 6
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-10 PatientPal

Boston, Massachusetts, United States

PatientPal is a provider of patient engagement, front-end RCM software solutions, including patient scheduling, price estimation, eligibility verification, prior authorization and payment solutions. PatientPal was founded in 2017 and is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-10 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.

Buy -
Mergr

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