A major offer from a private equity firm is making waves in the revenue cycle management (RCM) vendor space, showcasing private equity’s interest in RCM vendors and software. New Mountain Capital, a private equity and capital firm headquartered in New York, recently offered to buy all of R1 RCM’s outstanding shares not currently owned by investors. Whether R1 RCM accepts New Mountain Capital’s proposal or not, the deal is opening the door to greater private equity investment in the RCM vendor, according to Kate Festle, a partner in healthcare mergers and acquisitions at West Munroe. The private equity offer for R1 RCM isn’t the first or last deal in the RCM vendor space. In fact, private equity has had a strong interest in RCM vendors and software despite recent economic headwinds.
Read the full article: What’s Behind Private Equity’s Interest in RCM Vendors //
Source: https://revcycleintelligence.com/features/whats-behind-private-equitys-interest-in-rcm-vendors