Med-Metrix announced that it has entered into a definitive agreement to acquire CanAide, a provider of Medicaid eligibility, enrollment services, and revenue cycle management automation solutions. Financial terms of the transaction were not disclosed. The deal remains subject to customary closing conditions.
Backed by Harvest Partners and A&M Capital Partners, Med-Metrix said the acquisition represents another step in building a fully integrated, end-to-end revenue cycle management platform. The addition of CanAide is expected to enhance patient access capabilities, improve affordability pathways, identify Medicaid coverage opportunities, and increase net revenue yield for health system clients.
CanAide specializes in helping healthcare providers and patients navigate eligibility determination, enrollment support, and financial clearance processes. Its cloud-based automation tools are designed to reduce administrative burdens, improve workflow efficiency, and enhance reimbursement outcomes while creating a more seamless financial experience for patients.
Med-Metrix plans to integrate CanAide’s automation capabilities into its operator-led model and existing technology suite to improve operational and financial performance across the revenue cycle.
CanAide is owned by HCAP Partners. Med-Metrix provides technology-enabled revenue cycle management and business intelligence solutions to health systems and physician groups across the United States.
Harvest Partners, which manages approximately $20 billion in assets as of the end of 2025, said the acquisition supports Med-Metrix’s growth strategy through a combination of organic expansion and targeted acquisitions.
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“We are excited to welcome CanAide to Med-Metrix as we continue to expand the reach of our end-to-end platform. This transaction strengthens our ability to connect patient engagement with financial performance and deliver even better outcomes for our clients.”
Joseph Davi, Founder and CEO, Med-Metrix
“CanAide enhances how we support clients at one of the most critical points in the revenue cycle: the front-end. With these capabilities, including their impressive automations solutions, we can better identify coverage opportunities, streamline workflows, and improve performance from the start of the patient journey.”
Rob Wright, Co-President, Med-Metrix
“We are pleased to support Med-Metrix in this strategic acquisition. CanAide will strengthen the platform by extending its reach in front-end RCM, while adding automation capabilities that enhance efficiencies across the revenue cycle. This partnership will position Med-Metrix to continue executing on its growth strategy through a combination of organic initiatives and targeted acquisitions.”
Lucas Rogers, Partner, Harvest Partners
