Company Description
SourceMedical is the nation’s largest provider of outpatient information solutions and revenue cycle management (RCM) services exclusively serving the ambulatory surgery center, specialty hospital, and rehabilitation clinic markets. The company’s end-to-end systems enable healthcare organizations to capture, exchange, and analyze data, which improves both operational efficiency and cash flow. SourceMedical has offered the broadest range of solutions and enhancements in the industry to more than 5,200 facilities in the US.
Objectives
SourceMedical and its key stakeholders engaged TripleTree to help evaluate and assess the Company’s strategic options. Recognizing the continued need to expand their product suite and enhance current solutions, the Company sought a strategic partner with a shared vision of the future as well as the ability to invest in the Company’s long-term growth.
Results
After assessing many options, SourceMedical found ABRY Partners to be the ideal partner. ABRY is among the most experienced and successful healthcare services, media, communications, and business information services sector-focused private equity investment firms in the country. ABRY will support SourceMedical with investment in the core platform, development of new products, and a unique network of healthcare consultants that will help guide the Company through continued growth.