Private equity firm H.I.G. Capital has completed its acquisition of revenue cycle management company GetixHealth.
Sugar Land, Texas-based GetixHealth was founded in 1992 and helps healthcare organizations navigate the complexities of collecting payments from government and private payers and patients. It manages the revenue cycle for more than 400 providers and 15,000 physicians.
H.I.G. is partnering with GetixHealth’s management to support ongoing growth investments in the platform, according to an April 7 news release from the private equity firm.
“Due to the complex reimbursement environment and evolving regulatory landscape, our customers are increasingly turning to us to address their revenue cycle challenges,” GetixHealth CEO Kevin Lonergan said in the release. “We are excited to partner with H.I.G. to leverage their resources and deep RCM expertise to further invest in our capabilities.”
