Medusind Solutions, a Miami, FL – based provider of revenue cycle management solutions, received a strategic investment from affiliates of H.I.G. Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to invest in its operating platform, develop innovative solutions for its clients, and seek to accelerate growth, organically and through add-on acquisitions.
Founded in 2002 and led by Vipul Bansal, CEO, Medusind is a provider of comprehensive end-to-end revenue cycle management solutions including practice management, eligibility, coding, claims processing and value-added analytics. The company’s medical expertise and technology solutions optimize the healthcare revenue cycle process, create operating efficiencies and ensure adherence to regulatory compliance requirements.
Medusind leverages a technology suite including its cloud-based MedClarity® practice management platform, PracticeGenie EHR® and internally developed workflow management tools to offer tailored solutions supporting the needs of physicians, dental providers, hospitals, health plans, GPOs, third-party plan administrators and other leading healthcare organizations.
The company has more than 2,750 global employees including medical professionals, medical coders, RCM and client service experts and software developers.