What You Should Know:
– Med-Metrix, LLC, a provider of technology-enabled Revenue Cycle Management (RCM) solutions has received a significant growth investment from funds managed by Harvest Partners, LP (“Harvest”).
– The investment, made in partnership with Med-Metrix’s management and its prior owner, A&M Capital (“AMC”), will support the company’s next phase of development.
AMC to Retain Minority Investment
The company’s management team, led by CEO Joseph Davi, will continue to lead Med-Metrix and will remain significant owners of the business. AMC will retain a minority stake in the company and invest additional capital as part of the transaction. Financial terms of the transaction were not disclosed.
“We are thrilled to welcome Harvest as an investor and continue our successful multi-year collaboration with AMC,” said Mr. Davi. “In Harvest, we have found a partner with a deep understanding of our industry that shares in our mission to deliver exceptional performance for our clients.”
Med-Metrix Background
Founded in 2010, Med-Metrix is a leading platform providing end-to-end and point solution RCM services to health systems and physician groups across the United States, all supported by the company’s proprietary technology platform. This new partnership is designed to build on the company’s strong momentum.
