Cleargate Capital Partners acquires Fellow Health Partners
The New York-based RCM firm, with deep expertise in orthopedic surgery, anesthesia, and ambulatory surgery centers, supports over 500 clinicians at roughly 50 healthcare organizations.
Takeaways
- Fellow Health Partners is a Revenue cycle management services for healthcare providers.
- Cleargate Capital Partners is acquiring Fellow Health Partners.
- The target serves physician groups, ambulatory surgery centers, and healthcare organizations across United States.
Cleargate Capital Partners has formed a healthcare revenue cycle management platform with its acquisition of Fellow Health Partners, a New York-based firm that supports more than 500 clinicians across roughly 50 healthcare organizations nationwide.
The company focuses on orthopedics, anesthesia, and ambulatory surgery centers, helping physician groups and surgery centers improve collections and reduce administrative burdens.
The investment will advance development of Fellow’s SAVi technology platform and fund add-on acquisitions to add services and geographic reach.
Michael Brown will continue as CEO alongside the existing management team.
“We understand growth-oriented healthcare businesses and look forward to helping Michael and his team execute Fellow’s customer-centric strategy,” said Will Ritchie, Partner at Cleargate Capital Partners.
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