Carlyle Group has acquired a majority stake in healthcare revenue cycle management companies Knack RCM and EqualizeRCM, marking a further expansion into healthcare services, according to a company statement, according to a report by Bloomberg.
Financial terms have not been disclosed.
As part of the transaction, Knack founder Rajiv Sharma and EqualizeRCM co-founder Nagi Rao will reinvest a portion of their proceeds into a newly formed combined platform. The structure is designed to support broade...
Continue Reading
Sign up for FREE to read the full article and access 131K+ alternative investment headlines.