Aquiline Capital Partners, a private investment firm investing in financial services, healthcare and technology with over $10bn in AUM, has made a majority investment in Health Prime International, a provider of revenue cycle management solutions for physician practices.
The transaction was supported by unitranche debt financing provided by AB Private Credit Investors.
Health Prime was founded in 2004 and provides revenue cycle management solutions to over 800 clients across 50 specialties. Its proprietary technology suite includes financial reporting tool Prime Datalytics and workflow automation applications Prime Link and Prime Flow.
Benedict Baerst, Partner at Aquiline, said: “Effectively navigating the complexities of revenue cycle management is becoming increasingly critical for providers in today’s healthcare ecosystem. Health Prime’s unique tech-enabled delivery model has consistently produced successful outcomes for its clients.”
Guggenheim served as Aquiline’s lead financial advisor, alongside Lincoln and Rothschild. Ropes & Gray served as Aquiline’s legal advisor. TripleTree served as financial advisor to Health Prime.
