Add-On

Trivest Announces First Deal of 2018 with IDS, an Add-on Acquisition for GetixHealth

HOUSTON, TX – (January 8, 2018) GetixHealth, LLC, a portfolio company of Trivest Partners, announces it has acquired Insurance Data Services, Inc. (“IDS”). GetixHealth is a Revenue Cycle Management (RCM) business serving the healthcare provider industry.

The IDS transaction represents GetixHealth’s seventh add-on acquisition since Trivest’s initial investment in February 2015. IDS adds scale to GetixHealth’s considerable expertise in assisting complex healthcare providers with the management and collection of payments from patients and insurance companies, by acting as a transparent extension of their business offices. Additionally, the IDS acquisition allows GetixHealth to cross sell their full suite of services to existing IDS clients.

As a leading consolidator in the RCM space, GetixHealth will continue to pursue bolt-on acquisitions that extend its geographic reach and service offering

About GetixHealth:

Headquartered in Houston, Texas, GetixHealth is a healthcare business process outsourcing services (BPO) company serving the healthcare provider industry.  GetixHealth’s primary business is providing services and technologies to hospitals and physician groups in the areas of billing and collection of charges, insurance follow up and verification and other services which are part of Revenue Cycle Management (RCM). For additional information, please visit getixhealth.com.

About Trivest Partners:

Trivest Partners is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada.  Since its founding in 1981, Trivest has completed more than 250 transactions, totaling in excess of $5.5 billion in value.  For additional information, please visit www.trivest.com.

 

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