PE-VC Fund Investments
Carlyle to buy majority stake in healthcare BPO Knack RCM at $500-M valuation: report
Private Equity firm Carlyle Group is to acquire a majority stake in Mohali- and Florida (USA)-based revenue cycle management (RCM) solutions provider Knack RCM (formerly Global) at a valuation of USD 500 million.Founded in 2007, Knack RCM provides healthcare delivery organizations with end-to-end revenue cycle services that generate efficiencies, accelerate payments, and deliver operational insights. The company caters to a range of healthcare providers including hospital/physician groups, durable medical equipment suppliers, surgical and ambulatory care centers.
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