Infinx Acquires i3 Verticals' Healthcare RCM for $96 Million

In a strategic expansion move, Infinx, an AI-powered revenue cycle management provider, has announced the acquisition of i3 Verticals' Healthcare Revenue Cycle Management Business for $96 million. The acquisition enhances Infinx's market position within the healthcare RCM space and extends its services to new customer segments, including academic medical centers.

This transaction not only bolsters Infinx's market presence but also infuses the company with a highly experienced team and a well-anchored customer base, aligning with its mission to deliver comprehensive AI-driven financial lifecycle solutions. Infinx's CEO, Jaideep Tandon, expressed enthusiasm for the integration, citing the combination of i3 Verticals' expertise with Infinx's cutting-edge platforms as a catalyst for improving healthcare financial and clinical outcomes.

Greg Daily, Chairman and CEO of i3 Verticals, underscored the importance of scalability in revenue cycle management, stating that the divestiture will allow i3 Verticals to focus on enterprise software in other markets while leaving their healthcare team poised for success with Infinx. This acquisition marks a key step in Infinx's strategy to harmonize scalable technology with expert service throughout the revenue cycle, ultimately empowering healthcare providers to enhance revenue, reduce administrative tasks, and improve patient care.

(With inputs from agencies.)