Please note that assistive links (commonly known as "skip to links") are used throughout this site. These links are not well-supported by some mobile devices. If you are encountering difficulty using these links, please navigate around these links, or access the site on a desktop browser.
Skip to the primary content of this page Skip to the footer of this page
Provident Healthcare Partners Provident Healthcare Partners

Q4 2023 Revenue Cycle Management Update

Provident Healthcare Partners
Skip to the end of the Expertise Menu

Q4 2023 Revenue Cycle Management Update

The Revenue Cycle Management (RCM) sector experienced a continued uptick in consolidation activity through Q4-23 as seven companies were acquired, three by private equity backed platforms, two by larger strategic players, and two new private equity platforms were formed. The second half of 2023 saw 13 transactions in the space with multiple new platforms, leading Provident to believe there is runway for further acquisitions in the near-term and significant recapitalizations in the long-term.

Strategic and financial acquirers have continued to partner with companies that offer complementary technologies in overlapping sectors with a strong appetite for automation and off-shore workforces, driven by the need to maintain margins as the companies scale.

To print and download the full Revenue Cycle Management Update report, please click below…

[holo_button icon=”/wp-content/uploads/2024/01/Q4-2023-RCM-Newsletter.pdf” color=”#003561″ target=”blank”]PRINT/DOWNLOAD[/holo_button]