Pine Tree Equity III, LP (“Pine Tree Equity”), a private equity firm based in Miami, FL, is pleased to announce that Annuity Health Holdings, LLC (“Annuity”) has acquired Arcadia Recovery Bureau, LLC (“Arcadia”) in March 2020. The Company, founded in 1973 and headquartered in Reading, PA, is a leading provider of revenue cycle management services. Arcadia is a leading provider of revenue cycle management services focused on self-pay collections, bad debt recovery and insurance claims resolution services for hospitals, large physician groups and other healthcare providers. Arcadia’s focus is on patient pay collections, providing its customers with first party, early out collections as well as third party bad debt collections.
Read the full article: Pine Tree Equity Expands Annuity Health with 3rd Acquisition //
Source: https://www.pinetreeequity.com/investment-news/arcadia-recovery-bureau-acquisition