Varsity Healthcare-backed Ventra Health completed the acquisition of ADVOCATE RCM from Talisman Capital.

Varsity Healthcare-backed Ventra Health, a medical billing services company, completed the acquisition of ADVOCATE RCM, a medical billing services company, from Talisman Capital, a private equity firm. Financial terms were not disclosed. "Expanding our offering to include comprehensive radiology RCM services has been a strategic priority for Ventra. With ADVOCATE RCM, Ventra gains a trusted partner to independent radiology practices, facility-based groups, and large national providers, with a reputation for providing best-in-class technology solutions, industry-leading performance results, and customized client experience. The combined organization, with a unique focus on RCM excellence, shared values, and a history of delivering on promises, creates a win/win for both clients and colleagues," Steven Huddleston, Ventra CEO.