The Edgewater Funds Announces Elevate Patient Financial Solutions’ Acquisition of Revenue Masters
Edgewater Growth Capital Partners IV is pleased to announce that its portfolio company Elevate Patient Financial Solutions, Inc. (“Elevate” or the “Company”) has recently acquired Revenue Masters, LLC (“Revenue Masters”). Revenue Masters is a technology-focused provider of RCM solutions to health systems, hospitals, and healthcare companies. Their service offerings include several pure SaaS and technology-enabled services that enable customers to maximize revenue and ensure compliance with pricing and cost transparency regulations.
Elevate is a national provider of technology-enabled revenue cycle management solutions for hospitals, health systems and healthcare providers. Elevate provides eligibility and enrollment services, complex claims recovery services and patient responsibility services. The Company is led by Mike Shea, a highly accomplished senior executive with over 30 years of revenue cycle management experience. Mike Shea previously served as the CEO of Bolder Healthcare Solutions, a former Edgewater Growth Capital Partners III investment in the revenue cycle management industry. For more information on Elevate Patient Financial Solutions, please visit www.elevatepfs.com
Elevate is actively targeting acquisitions of niche revenue cycle management companies to augment its service offering and geographic presence. Edgewater partners with outstanding management teams to accelerate growth in their business. We are a flexible partner and can execute control and non-control investments. Please contact us at info@edgewaterfunds.com for any questions or information.