Transforming Healthcare Through Revenue Cycle Management 

Published October 2024

Over the past few years, RCM has remained a highly attractive area for private equity investment and strategic consolidation.  Facing reimbursement complexities and heightened supply and labor costs, key finance leaders have been tasked to maintain margin at their care setting and are seeking out nuanced RCM solutions to address their challenges, which has propelled the industry’s growth.  Adjacent themes such as governance, risk, and compliance (GRC), patient engagement, payment integrity, and tech-enabled add-on opportunities across all three stages of RCM have similarly grown, fueling interest from growth oriented investors.  Towerbrook and CD&R’s partnership with R1, expected to close by year-end, and Accel-KKR’s partnership with VisiQuate, are indicative of continued, positive investor sentiment on the space.  Provident expects further platform investment activity in addition to consolidation among larger platforms that have proprietary and differentiated technology.

Provident’s revenue cycle and tech-enabled services team is excited to release its Fall ‘24 comprehensive overview deck on the market, which includes key statistics, emerging trends, competitive landscapes, regulatory considerations, and valuation drivers. Below is a preview of the presentation. To access the full presentation, please reach out to Rich Sciretta at rsciretta@providenthp.com.

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