in tech-enabled, end-to-end, and customizable revenue cycle
management (RCM) services, today announced the acquisition of
HealthyBOS, a distinguished U.S. and Philippines-based RCM
provider with deep expertise in the durable medical equipment
(DME) sector and other RCM specialties. This acquisition
significantly expands Knack RCM’s fulfillment capabilities in the
Philippines, growing its in-country team from 200 to 1,500
employees while enhancing its presence and expertise in the DME
RCM market.
The acquisition underscores Knack RCM’s commitment to strategic
growth, further solidifying its position as a trusted partner to
independent and multispecialty physicians, eye care providers,
anesthesia practices, DME/HME suppliers, and ambulatory surgery
centers (ASCs). This move will enable the company to offer
unparalleled scalability, robust voice-enabled services to
payors, providers, and patients, and enhanced operational
efficiencies to clients navigating the complexities of revenue
cycle management.
With this acquisition, Knack RCM gains significant additional
resources, expertise, and operational capacity to address the
unique challenges of the DME RCM space. Integrating HealthyBOS
capabilities bolsters Knack RCM’s ability to deliver cutting-edge
solutions, further penetrating the RCM market with a proven,
scalable approach. Adding voice-enabled services ensures
streamlined communication, faster resolution times, and an
improved client experience.
HealthyBOS CEO Tammy Bishop will continue in a leadership role
with Knack RCM. Her continued leadership will be instrumental in
delivering expanded solutions that combine the efficiency of
offshore operations with the expertise of onshore teams, offering
clients a holistic, adaptable approach to RCM challenges.
“This acquisition marks a transformative milestone for Knack RCM.
By expanding our team in the Philippines and deepening our
expertise in the DME RCM market, we are growing in size and
elevating the value we deliver to our clients. This is an
exciting step forward as we continue to reinforce our leadership
position in the revenue cycle management space,” said Arvind
Ramakrishnan, CEO of Knack RCM
HealthyBOS CEO, Tammy Bishop, stated, “Joining Knack RCM is a
natural evolution for our organization. Their innovative
technology, comprehensive service offerings, and unwavering
commitment to client success align perfectly with our mission.
Together, we are poised to redefine what is possible in the RCM
market.
Knack RCM’s acquisition of HealthyBOS exemplifies the
forward-thinking, strategic investments and partnerships that
drive sustainable growth and enhance value for our clients,” said
Jacob Smith, Partner at LKCM Headwater. “This partnership
strengthens our market position and reinforces our ability to
provide a broad range of exceptional RCM and other solutions to a
wide range of healthcare organizations.”
This acquisition reflects Knack RCM’s ongoing efforts to innovate
and grow while supporting healthcare providers with advanced,
adaptable RCM solutions. As part of its rebranded identity, Knack
RCM continues to prioritize investments that enhance
capabilities, expand market reach, and deliver measurable
outcomes for clients.
For more information, visit KnackRCM.com.
About Knack RCM:
Knack RCM empowers leading healthcare delivery organizations with
end-to-end revenue cycle services that generate efficiencies,
accelerate payments, and deliver operational insights, freeing
caregivers to focus on high-quality patient care. Led by a
seasoned executive team and trusted by industry-leading
organizations, Knack combines innovative technology, process
automation, and a deep global bench of more than 5,800 dedicated
healthcare experts to create a customized approach to driving
financial performance. Knack’s expertise was developed over 20
years of serving a broad range of healthcare providers in a
variety of formats, including physician groups, durable medical
equipment suppliers, and surgical and ambulatory care centers.
The M&A market for healthcare companies continues to build on STRATEGIC opportunities and a fragmented market. Consolidations along with unprecedented demand are driving scale across the continuum of care. The strategic corporate buyers and private equity investors remain committed to acquiring strong businesses that are well prepared for a transaction. Across the continuum of care, these buyers and investors are looking for well established, profitable businesses and offering prime valuations and options for management.
Do you know the current market value of your business? We do! We are here to help you plan, prepare, explore and succeed in executing your strategic options.
Contact Paragon Ventures for more information.
800-719-1555
