Revenue cycle management (RCM) has become one of the brightest stars in the healthcare technology firmament after the USD 7bn bid for R1 RCM [NASDAQ:RCM] from private-equity groups TowerBrook Capital Partners and Clayton, Dubilier & Rice on 1 August. The attraction is simple: Financial sponsors and strategics continue to see blue sky for growth both organically and through acquisition in a highly fragmented market that quite literally pays the bills in healthcare. “It’s clearly at the top of the pyramid” for healthcare information technology (HCIT) players, says Mark Cherney, managing director of The Cherney Group, an advisory to private equity and family offices in the healthcare services area.
Read the full article: Healthcare Technology: R1 RCM Deal Shines Light on Revenue Cycle Sector //
Source: https://ionanalytics.com/insights/mergermarket/healthcare-technology-r1-rcm-deal-shines-light-on-revenue-cycle-sector-dealspeak-north-america/