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New Deal


Announced

Completed

Prosperity Behavioral Health completed the acquisition of Elevated Billing.

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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Single Bidder

Friendly

Diversified Financials

Acquisition

Completed

financial services

medical billing

revenue cycle management

Financial Data and Systems

United States

Domestic

Private

Majority

Synopsis

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Prosperity Behavioral Health, a financial solutions provider, completed the acquisition of Elevated Billing, an outsourced revenue cycle management solutions provider. Financial terms were not disclosed. “From day one, we were impressed with Elevated Billing’s commitment to providing excellent services to clients. Their commitment to quality along with a talented team are why most of their clients have worked with them for an average of 10 years. We’re excited to welcome the Elevated Billing team and combine their strengths with ours,” Michelle Mullany, Prosperity Behavioral Health CEO.

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