nThrive Inc., a healthcare revenue cycle management software-as-a-service platform provider and backed by Clearlake Capital Group LP, has acquired Pelitas.
Pelitas is a provider of healthcare patient access, digital patient intake, and front-end RCM software services. The deal will enhance nThrive’s patient access offerings and its commitment to serve the healthcare community. Pelitas will increase the firm’s revenue assurance and revenue staff efficiency while lowering the administrative burden on care providers.
“nThrive and PELITAS share a common vision of transforming the patient financial experience through best-of-breed technology solutions that integrate key touchpoints, eliminate inefficiencies and optimize outcomes,” said Steven Huddleston, president & CEO of Pelitas. “Both organizations are relentlessly focused on delivering extraordinary value to customers while fostering business cultures that promote diversity and inclusion.”
“We are thrilled to support nThrive in this strategic transaction that extends its leadership in revenue cycle management software and adds new capabilities to support digital patient intake and patient engagement solutions,” said Behdad Eghbali, co-founder and managing partner, and Paul Huber, principal, of Clearlake. “We are excited to continue executing on our buy-and-build thesis to scale our SaaS platform investment in nThrive and create a comprehensive end-to-end RCM provider technology while adding value through our proprietary O.P.S. framework.”