New Mountain Capital acquires majority stake in healthcare BPO Access Healthcare at $1.5 B valuation
New Mountain Capital has acquired a significant majority stake in Chennai- and Dallas, Texas (USA)-based Access Healthcare , a provider of revenue cycle management services. The stake sale is likely to value Access at USD 1.5 Billion.Set up in 2012 by Anurag Jain, Access Healthcare is a leading provider of revenue cycle management (RCM) services, specializing in medical billing, coding, and accounts receivable management. Access Healthcare has 20 global delivery centers. It has operations in nine cities in India including Chennai, Mumbai, Pune, Noida, Coimbatore and Trivandrum. It has operations in the Philippines, and the USA.The range of services offered by Access includes revenue cycle management, medical coding, charge entry and audit, clinical documentation improvement, applications development & management and infrastructure services.
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