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nThrive to Acquire TransUnion´s Healthcare Business to Enhance RCM Platform
Wednesday 27 October 2021

US-based healthcare revenue cycle management platform nThrive, Inc. has agreed to acquire US-based TransUnion Healthcare, Inc., the healthcare data and analytics business of TransUnion (NYSE: TRU) to create an end-to-end healthcare RCM software and technology platform with patient financial clearance and eligibility capabilities, the company said.
Terms of the transaction were not disclosed.

With its RCM front and back-end solution suite, TransUnion Healthcare helps hospitals and health systems increase revenue, reduce cost, and ensure regulatory compliance.

This acquisition furthers nThrive's commitment to better serve the healthcare community by increasing revenue assurance and improving revenue staff efficiency while lessening administrative burden so that providers can focus on higher quality care and outcomes for patients.

Centerview Partners LLC served as financial advisor and Latham and Watkins LLP served as legal counsel to TransUnion.

Debt financing supporting the transaction was provided by J.P. Morgan, Deutsche Bank, Golub, Barclays, BMO Capital Markets, Credit Suisse, and Jefferies. Sidley Austin LLP served as legal counsel to Clearlake and nThrive.

nThrive, backed by Clearlake Capital, provides healthcare revenue cycle management SaaS solutions, offering patient access, charge integrity, claims management, contract management, machine learning and robotic process automation, data and analytics, and education software solutions to more than 900 hospitals and health systems in North America,

TransUnion is a global information and insights company that makes trust possible in the modern economy.
Date Published: 27/10/2021