Announced
Financials
Tags
Business Process Outsourcing
Private
Acquisition
United States
revenue cycle management
Friendly
Single Bidder
Synopsis
Nexteligent Holdings, an aggregator of healthcare professional services and technology firms, acquired Revenue Maximization Group, a national provider of revenue cycle management solutions, for a combination of cash and stock. Financial terms were not disclosed. “We are extremely pleased to welcome RMG’s CEO, Stuart Miller, into the Nexteligent family. His talent as an industry leader and the suite of revenue cycle services that RMG brings to Nexteligent makes this transaction an important lever for accelerating business development and new product innovations,” noted Nexteligent Chairman and CEO, Paul Cristiano. “With the addition of RMG, we achieve a major milestone toward fulfilling our vision to be the preeminent aggregator of specialized healthcare organizations with strong value propositions and established niche positions in their space.”
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