Infinx Healthcare is boosting its revenue cycle management market presence with the acquisition of software company i3 Verticals’ RCM business.
The deal expands Infinx’s footprint into new customer segments, including academic medical centers and other large provider groups, according to a May 6 news release. It also adds an experienced team and a well-established customer base to Infinx’s portfolio.
“We are proud of what we built and continue to believe that this is an attractive market,” i3 Verticals Chairman and CEO Greg Daily said in the release. “However, we also recognize that scale is important in revenue cycle management, and our future is in providing enterprise software solutions in other markets. We found a great partner, and our healthcare management team will be well positioned to accomplish great things with Infinx.”