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New Deal


Announced

West Street-backed Omega HealthEdge to acquire Reventics.

Financials

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

Tags

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Private Equity

revenue cycle management

Private

United States

Single Bidder

Majority

clinical documentation improvement

Health Care Services

Domestic

Acquisition

Friendly

Pending

Synopsis

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West Street-backed Omega HealthEdge, a healthcare management solutions partner, agreed to acquire Reventics, a clinical documentation improvement and revenue cycle management solutions provider. Financial terms were not disclosed. "Reventics brings to our organization clinical excellence, analytic capabilities, and new age technologies to complement Omega's existing technology and automation services. Not only is this a strategic fit that will benefit our clients, but we will be able to expand our CDI and RCM capabilities through this acquisition, while increasing our AI capabilities as well," Anurag Mehta, Omega Healthcare CEO.

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