Access Healthcare Seals Rs 263 Cr Acquisition Of US-based Envera Health

 As per media reports, Access Healthcare, a Chennai-based revenue cycle management (RCM) services provider for the healthcare industry, on Friday announced the acquisition of US-based Envera Health for Rs 263 crore (USD 31.7 million). 

The acquisition is focused on providing superior revenue cycle solutions and broadening its service portfolio to include enhanced patient engagement capabilities, a report in the media stated.

Virginia-headquartered Envera Health offers consumer engagement services to connect health systems and physician groups with patients under a technology platform. 

According to reports, Vardhman Jain, Vice Chairman and Founder, of Access Healthcare, said Envera Health’s strength in patient engagement along with Access Healthcare’s deep technology-enabled global revenue cycle services will allow it to offer more flexible and diverse choices to healthcare clients. 

Reportedly, Access Healthcare, which specialises in medical billing, coding, and accounts receivable management, currently has 27,000 employees in 20 delivery sites across nine cities in the US, India, and the Philippines and has announced that it will recruit over 1,500 professionals in the next two months in India.