Elevate Patient Financial Solutions (ElevatePFS), a leading revenue cycle management partner for health systems across the U.S., has completed a carve-out acquisition of the Health Systems Services division of Centauri Health Solutions (Centauri HSS).
Centauri HSS provides specialized eligibility and enrollment services for Medicaid and disability benefits, out-of-state Medicaid billing, and other complex revenue cycle services. The financial terms of the transaction were not disclosed.
The acquisition enhances ElevatePFS’ existing capabilities, combining a highly experienced team with a broader set of tools aimed at addressing complex healthcare reimbursement challenges and improving outcomes for health system clients.
ElevatePFS’ growth has been fueled by long-term client partnerships and a commitment to shared success. The company said the transaction positions it to deliver greater value, helping health systems strengthen financial performance, expand access to care, and better serve their communities.
KEY QUOTE:
“As a trusted partner, we are continually looking for ways to strategically invest in our company to enhance the services we deliver. By acquiring the HSS division from Centauri, we are bringing together a powerful team and a more comprehensive set of tools to help our clients navigate increasingly complex revenue cycle challenges.”
Michael Shea, Chairman and Chief Executive Officer, Elevate Patient Financial Solutions
