Announced
Synopsis
MDaudit, a cloud-based continuous risk monitoring platform, agreed to merge with Streamline Health Solutions, a provider of revenue cycle management software for healthcare organizations, in a $37.4m deal. “At a time when health systems are facing mounting financial and operational pressures, we believe the future belongs to those who can connect the dots across the revenue cycle continuum with data- and AI-driven solutions. Streamline’s eValuator and RevID solutions complement MDaudit’s current strengths in billing compliance and revenue integrity capabilities by enabling pre-bill visibility in real-time to unlock revenue opportunities. These solutions reflect our shared belief that human-driven revenue cycles deserve proactive, systemwide intelligence with closed feedback loops that are actionable,” Ritesh Ramesh, MDaudit CEO.
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