Arsenal Capital Partners, a NYC-based non-public fairness agency specializing in constructing technology-rich healthcare and industrial development firms, introduced it has signed a definitive settlement to accumulate Knowtion Well being, a Boca Raton, FL-based supplier of income cycle insurance coverage declare decision companies supported by AI-enabled applied sciences.
The quantity of the deal was not disclosed.
Led by Jayson Yardley, CEO, Knowtion Well being is a supplier of technology-enabled income cycle administration companies. The corporate leverages AI-driven know-how and deep area experience to scale back denials and underpayments throughout all denial sorts, low steadiness accounts, and sophisticated claims, whereas additionally enhancing affected person expertise and satisfaction. Acknowledged as an Inc. 5000 fastest-growing firm, it’s a multi-year recipient of the Black E book award, which honors prime companions as ranked by supplier purchasers.
Arsenal Capital Companions is a personal fairness funding agency that focuses on constructing market-leading industrial development and healthcare firms. Since its inception in 2000, Arsenal has raised institutional fairness funding funds totaling over $10 Billion, accomplished greater than 300 platform and add-on acquisitions, and achieved greater than 35 realizations.
FinSMEs
22/08/2024
