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New Deal


Announced

Completed

R1 RCM completed the acquisition of SCI Solutions for $190m.

Financials

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Transaction Value£145m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Private Equity

Private

access management

Digital Services

United States

Acquisition

Single Bidder

physician connectivity solutions

Majority

Friendly

Disposal

Domestic

Synopsis

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R1 RCM, a provider of technology-enabled revenue cycle management services, completed the acquisition of SCI Solutions, a provider of SaaS-based scheduling and patient access solutions, from Wicks, a private equity firm based in New York City, for $190m. "Patient scheduling is a critical component of the revenue cycle process, and yet is too often a major pain point for referring providers and health systems. With SCI's capabilities integrated into our leading revenue cycle solution, we believe that R1 offers our customers the broadest and deepest tech-enabled patient intake solution available. We look forward to welcoming the SCI team to R1," Joe Flanagan, R1 President and CEO.

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