Private equity firm considering sale of HealthChannels' 4 revenue cycle companies

Vesey Street Capital Partners, a New York City-based private equity firm, is exploring a sale of HealthChannels, a medical scribe company consisting of four revenue cycle entities, sources familiar with the situation told Buyouts.

Investment bankers Jefferies and Centerview Partners have been advising Vesey Street Capital during the process, the sources said. 

HealthChannels declined to comment about the matter.

The company consists of medical scribe entity ScribeAmerica; care management solution CareThrough; QueueLogix, a provider of medical coding solutions; and artificial intelligence platform SoundLines. It has more than 20,000 employees in the U.S. and abroad.

 

More articles on healthcare finance: 

Intermountain, R1 RCM collaborate to launch Salt Lake tech center
Huntington Hospital CFO Steven Mohr on community engagement and staying grounded
Americans' challenges with healthcare costs: 5 poll findings

 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>