Q2 2023 Revenue Cycle Management Update
The RCM sector continued a steady pace of acquisitions through the second quarter of 2023 as strategic buyers completed a handful of transactions in the space. In addition to strategics, private equity investors have sought out RCM companies with a targeted end-user segment as they look to build upon platform investments established in the previous quarter.
While there were no significant private equity platforms formed in the second quarter of the year, the increase in add-on acquisitions indicates that private equity investors are focused on further developing their pre-existing platforms through vertical integration and diversifying front, mid and back-end RCM services.
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