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HIG Capital completes investment in Medusind Solutions

An affiliate of private equity firm HIG Capital (HIG) has made a strategic investment in Medusind Solutions, a provider of end-to-end revenue cycle management (RCM) solutions including practice management, eligibility, coding, claims processing and value-added analytics.

The Company’s medical expertise and technology solutions optimise the healthcare revenue cycle process, create operating efficiencies and ensure adherence to regulatory compliance requirements.
 
Medusind leverages a robust 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 organisations.
 
Vipul Bansal, CEO of Medusind, says: “Medusind was founded in 2002 with the goal of creating a leading technology-driven healthcare solutions provider. For nearly two decades, we have invested significant time and capital to innovate and drive performance improvements for our clients. HIG is an experienced healthcare investor with deep RCM experience and we are excited to partner with them. We shall continue to invest in our robust operating platform, develop innovative, value-creating solutions for our clients, and seek to accelerate our growth, organically and through add-on acquisitions.”
 
“Medusind has an established track record of successfully serving blue-chip healthcare providers, resulting in 15 years of uninterrupted growth. While supporting managed service organisations, dental providers, health plans and other leading healthcare organisations, the Company has developed a unique combination of deep domain expertise and a comprehensive toolset to drive financial improvements and adherence with compliance requirements,” says Camilo E Horvilleur, a Managing Director at HIG Capital.
 
Horvilleur adds: “Medusind’s capabilities go well beyond traditional RCM claims processing as the Company serves as a vital extension of its clients to support practice optimisation and facilitate growth. As providers continue to consolidate, we expect Medusind to become an increasingly important strategic partner. We are excited to collaborate with Bansal and the rest of the talented Medusind team to facilitate their continued innovation and expansion.”
 

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