Aquiline Capital Partners LP, a private equity firm investing in financial services and related technologies, has made a majority investment in Health Prime International, a provider of revenue cycle management (RCM) services for physician practices.
Founded in 2004, Health Prime provides tailored RCM services to over 800 clients across 50 specialties. The company offers comprehensive end-to-end services through a multi-shore delivery model. Health Prime’s Datalytics and Prime Flow technologies are compatible with nearly all EMRs, generating insights for healthcare practices.
“Effectively navigating the complexities of revenue cycle management is becoming increasingly critical for providers in today’s healthcare ecosystem,” states Benedict Baerst, partner at Aquiline. “Health Prime’s unique tech-enabled delivery model has consistently produced successful outcomes for its clients.”
Guggenheim served as Aquiline’s financial advisor, alongside Lincoln and Rothschild. Ropes & Gray served as Aquiline’s legal advisor. AB Private Credit Investors provided the unitranche debt financing to support the transaction. TripleTree served as financial advisor to Health Prime.