Scottsdale, Ariz.-based Certive will pay a combined purchase price of $20 million for the acquisitions. The company aims to complete both transactions by March 31.
Certive has yet to release the names of either company.
Certive co-founders Van Potter, CEO, and Brian Cameron, CFO, believe the acquisitions will allow the company to engage in new areas of revenue cycle management for healthcare providers.
More articles on revenue cycle management:
Survey: 66% of hospitals to focus on better RCM in 2016
New Pa. law falls short to solve insurance billing gaps for ambulance rides
Houston hospital reaches deal to keep hospital doors open after patient shooting
