H.I.G. Capital, a global alternative investment firm with $68 billion under management, announced that an affiliate has completed a strategic investment in GetixHealth.
GetixHealth provides revenue cycle management (RCM) solutions to healthcare providers. Its comprehensive suite of services includes patient responsibility management, eligibility and enrollment, third-party claims resolution, patient access, and insurance billing.
GetixHealth’s capabilities are supported by a suite of advanced technologies, healthcare RCM subject matter expertise, and three decades of experience. And healthcare providers who work with GetixHealth benefit from an enhanced patient experience, streamlined administrative processes, reduced costs, an improved cash conversion cycle, and adherence to regulatory requirements.
H.I.G. is also collaborating with management to support ongoing growth investments in the GetixHealth platform.
KEY QUOTES:
“Over the last decade, we have made significant investments in our team, solutions, and proprietary technologies to position GetixHealth as a leading partner to healthcare providers. Due to the complex reimbursement environment and evolving regulatory landscape, our customers are increasingly turning to us to address their revenue cycle challenges. We are excited to partner with H.I.G. to leverage their resources and deep RCM expertise to further invest in our capabilities.”
- Kevin Lonergan, Chief Executive Officer
“GetixHealth is a vital partner to healthcare providers, including many of the nation’s largest health systems. We are impressed by the Company’s capabilities and stellar reputation among its clients and patients. We also recognize the importance of maintaining best-in-class capabilities and look forward to collaborating with management to support continued investments in technology and operational excellence.”
- Anthony Chambers, Managing Director at H.I.G.