Client
ACN Healthcare
Deal Type
Buy-Side M&A
Deal Team
Ripun Jai Mehta
Managing Partner
Pankaj Arora
Managing Director
Client Description
ACN Healthcare is an end-to-end revenue cycle management (RCM) company providing medical billing, coding, and back-office services to physician practices, hospitals, and medical billing companies across the United States. With three delivery centers in Bangalore, Hyderabad, and Visakhapatnam, and a U.S. sales office in Orlando, ACN combines global delivery with local client engagement.
Rapid Care Group is a Chennai-based healthcare support services provider with a focus on medical billing, coding, transcription, and medical document review. The company serves U.S.-based physician groups and maintains three sales offices in the U.S. alongside its India-based delivery operations.
Approach
ACN Healthcare engaged Novistra Capital to advise on a strategic combination with a complementary player to enhance scale, service breadth, and market access. Novistra identified Rapid Care’s RCM division as a strong operational and cultural fit, and structured a transaction that would consolidate delivery capabilities while creating a more comprehensive offering for U.S. healthcare providers.
With deep experience in healthcare outsourcing and RCM services, Novistra led the deal from diligence through to execution, aligning shareholder priorities and creating a platform for post-merger integration.
Outcome
ACN Healthcare merged with Rapid Care’s revenue cycle management business, creating a combined platform with enhanced delivery capabilities, multi-city infrastructure, and expanded client reach in both the U.S. and India. The transaction strengthens the group’s competitive position in a rapidly consolidating healthcare BPO sector.
This deal reflects Novistra’s long-standing focus on healthcare services, BPO, and cross-border platform integration across the U.S.–India corridor.
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