GetixHealth, backed by H.I.G., gains Americollect to expand patient interaction services
GetixHealth, a leading provider of revenue cycle management (RCM) services, has announced its acquisition of Americollect, a renowned US-based provider of patient engagement solutions. The deal, managed by H.I.G. Capital, which oversees $70bn in capital, marks a strategic step in expanding GetixHealth's footprint in the RCM space.
Based in Manitowoc, Wisconsin, Americollect has built a strong reputation for compassionate, outcome-driven patient engagement over the past 50 years. This acquisition reinforces GetixHealth’s leadership in delivering high-impact patient financial experiences.
Founded in 1992 and headquartered in Sugar Land, Texas, GetixHealth provides a wide range of RCM services to the healthcare industry, including medical coding, billing, claims management, insurance eligibility, and specialized self-pay and bad debt collections. With the integration of Americollect, GetixHealth continues to scale its platform to meet the increasing demand for efficiency and personalization in patient financial journeys.
The merger aligns both companies’ values and operational strengths around compassionate patient engagement and operational excellence. By leveraging H.I.G. Capital’s resources, GetixHealth plans to invest in advanced technology and scalable infrastructure, aiming to improve outcomes for Americollect’s customers and elevate the standard of RCM solutions industry-wide.
Anthony Chambers, Managing Director at H.I.G. Capital, expressed his pride in enabling this strategic partnership and remains committed to future growth. The integration of Americollect into the GetixHealth platform will enhance the group's ability to deliver scalable, tech-enabled solutions to healthcare providers across the US.
This acquisition is expected to drive efficiencies, accelerate technology adoption, and set new benchmarks for patient financial engagement within the RCM sector. Ultimately, the merger reinforces GetixHealth’s leadership in the market and positions it to better meet the evolving needs of healthcare providers seeking end-to-end RCM solutions, potentially reshaping competitive dynamics and prompting innovation among industry peers.
- H.I.G. Capital, which manages over $70bn in capital, facilitated the transaction of GetixHealth's acquisition of Americollect, marking a significant PE investment in expanding GetixHealth's portfolio in the health-and-wellness and science sectors.
- With the integration of Americollect, GetixHealth plans to allocate capital towards the development of advanced technology and scalable infrastructure, aiming to optimize outcomes for Americollect's customers and establish a new standard for RCM solutions in the industry.
- The merger of GetixHealth and Americollect will not only drive efficiencies in transactions but also set new benchmarks for patient financial engagement within the RCM sector, potentially sparking innovation among industry peers and reshaping competitive dynamics.
