Arsenal Capital Partners, a NYC-based private equity firm specializing in building technology-rich healthcare and industrial growth companies, announced it has signed a definitive agreement to acquire Knowtion Health, a Boca Raton, FL-based provider of revenue cycle insurance claim resolution services supported by AI-enabled technologies.
The amount of the deal was not disclosed.
Led by Jayson Yardley, CEO, Knowtion Health is a provider of technology-enabled revenue cycle management services. The company leverages AI-driven technology and deep domain expertise to reduce denials and underpayments across all denial types, low balance accounts, and complex claims, while also enhancing patient experience and satisfaction. Recognized as an Inc. 5000 fastest-growing company, it is a multi-year recipient of the Black Book award, which honors top partners as ranked by provider clients.
Arsenal Capital Partners is a private equity investment firm that specializes in building market-leading industrial growth and healthcare companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds totaling over $10 Billion, completed more than 300 platform and add-on acquisitions, and achieved more than 35 realizations.
FinSMEs
22/08/2024