Three private equity firms have submitted nonbinding bids to acquire revenue cycle management company AGS Health, The Economic Times reported March 13. Blackstone, Hillhouse Investment, TPG Capital and General Atlantic have submitted bids, valuing the RCM company at around $1 billion, multiple people aware of the development told The Economic Times. AGS Health is currently owned by private equity firm EQT Partners, which acquired the company in 2019 for $320 million, according to the report.
Read the full article: Private Equity Firms Vying to Acquire RCM Co. AGS Health: Report //
Source: https://www.beckershospitalreview.com/finance/private-equity-firms-vying-to-acquire-rcm-co-ags-health-report.html