2 Sources
2 Sources
[1]
Infinx Acquires i3 Verticals' Healthcare Revenue Cycle Management Business
Expands Market Presence and Strengthens Customer Base in Academic Medical Centers CUPERTINO, Calif., May 6, 2025 (Newswire.com) - Infinx Healthcare, a leading provider of AI-powered solutions for patient access and revenue cycle management (RCM), today announced it has acquired the Healthcare Revenue Cycle Management Business of i3 Verticals, Inc. (NASDAQ:IIIV). The transaction strengthens Infinx's market presence in the healthcare RCM space and expands its footprint into new customer segments, including academic medical centers and other large provider groups. The acquisition also adds a highly experienced team and a well-established customer base to Infinx's portfolio, further enhancing its mission to deliver end-to-end, AI-driven financial lifecycle solutions to healthcare providers. "We're thrilled to welcome the i3 Verticals Healthcare RCM team and their customers into the Infinx family," said Jaideep Tandon, Chairman and CEO of Infinx. "Their deep experience supporting academic medical centers and the strong relationships they've built over the years are an ideal complement to our technology-driven approach. By combining their trusted expertise with our AI-powered RCM Insights, patient access, and automation platforms, we're excited to deliver meaningful financial and clinical outcomes for healthcare providers nationwide." Greg Daily, Chairman and CEO of i3 Verticals, stated, "Several years ago we set off to build a platform to deliver fantastic revenue cycle management solutions for the healthcare industry. We are proud of what we built and continue to believe that this is an attractive market. However, we also recognize that scale is important in revenue cycle management, and our future is in providing enterprise software solutions in other markets. We found a great partner, and our healthcare management team will be well positioned to accomplish great things with Infinx." The acquisition aligns with Infinx's long-term strategy to integrate scalable technology with expert services across all stages of the revenue cycle - from patient access to A/R optimization - empowering healthcare providers to maximize revenue, reduce administrative burden, and improve patient outcomes. About Infinx Founded in 2012, Infinx provides AI-driven solutions to optimize the financial lifecycle of healthcare providers across all functions of patient access and revenue cycle management. Our cloud-based software, powered by AI and automation, is leveraged by experienced consultants and billing specialists across the U.S., India, and the Philippines. We help clients capture more revenue, stay ahead of changing regulations and payer guidelines, and focus on patient care. For more information, visit www.infinx.com. About i3 Verticals i3 Verticals delivers seamless enterprise software to customers in strategic vertical markets. Building on its sophisticated and diverse platform of software and services solutions, the company creates and acquires software products to serve the specific needs of public and private organizations in the Public Sector, including K-12 public education.
[2]
Infinx Acquires i3 Verticals' Healthcare Revenue Cycle Management Business By Investing.com
Expands Market Presence and Strengthens Customer Base in Academic Medical Centers CUPERTINO, CALIFORNIA / ACCESS Newswire / May 6, 2025 / Infinx Healthcare, a leading provider of AI-powered solutions for patient access and revenue cycle management (RCM), today announced it has acquired the Healthcare Revenue Cycle Management Business of i3 Verticals, Inc. (NASDAQ:IIIV). The transaction strengthens Infinx's market presence in the healthcare RCM space and expands its footprint into new customer segments, including academic medical centers and other large provider groups. The acquisition also adds a highly experienced team and a well-established customer base to Infinx's portfolio, further enhancing its mission to deliver end-to-end, AI-driven financial lifecycle solutions to healthcare providers. "We're thrilled to welcome the i3 Verticals Healthcare RCM team and their customers into the Infinx family," said Jaideep Tandon, Chairman and CEO of Infinx. "Their deep experience supporting academic medical centers and the strong relationships they've built over the years are an ideal complement to our technology-driven approach. By combining their trusted expertise with our AI-powered RCM Insights, patient access, and automation platforms, we're excited to deliver meaningful financial and clinical outcomes for healthcare providers nationwide." Greg Daily, Chairman and CEO of i3 Verticals, stated, "Several years ago we set off to build a platform to deliver fantastic revenue cycle management solutions for the healthcare industry. We are proud of what we built and continue to believe that this is an attractive market. However, we also recognize that scale is important in revenue cycle management, and our future is in providing enterprise software solutions in other markets. We found a great partner, and our healthcare management team will be well positioned to accomplish great things with Infinx." The acquisition aligns with Infinx's long-term strategy to integrate scalable technology with expert services across all stages of the revenue cycle - from patient access to A/R optimization - empowering healthcare providers to maximize revenue, reduce administrative burden, and improve patient outcomes. About Infinx Founded in 2012, Infinx provides AI-driven solutions to optimize the financial lifecycle of healthcare providers across all functions of patient access and revenue cycle management. Our cloud-based software, powered by AI and automation, is leveraged by experienced consultants and billing specialists across the U.S., India, and the Philippines. We help clients capture more revenue, stay ahead of changing regulations and payer guidelines, and focus on patient care. For more information, visit www.infinx.com. About i3 Verticals i3 Verticals delivers seamless enterprise software to customers in strategic vertical markets. Building on its sophisticated and diverse platform of software and services solutions, the company creates and acquires software products to serve the specific needs of public and private organizations in the Public Sector, including K-12 public education.
Share
Share
Copy Link
Infinx Healthcare, a provider of AI-powered healthcare solutions, has acquired i3 Verticals' Healthcare Revenue Cycle Management Business, strengthening its market presence and expanding its customer base in academic medical centers.
Infinx Healthcare, a leading provider of AI-powered solutions for patient access and revenue cycle management (RCM), has announced the acquisition of i3 Verticals, Inc.'s Healthcare Revenue Cycle Management Business. This strategic move, revealed on May 6, 2025, is set to strengthen Infinx's market presence in the healthcare RCM space and expand its footprint into new customer segments, particularly academic medical centers and large provider groups
1
2
.The acquisition aligns with Infinx's long-term strategy to integrate scalable technology with expert services across all stages of the revenue cycle. By combining i3 Verticals' Healthcare RCM team's expertise with Infinx's AI-powered platforms, the company aims to deliver enhanced financial and clinical outcomes for healthcare providers nationwide
1
.Jaideep Tandon, Chairman and CEO of Infinx, expressed enthusiasm about the acquisition, stating, "We're thrilled to welcome the i3 Verticals Healthcare RCM team and their customers into the Infinx family. Their deep experience supporting academic medical centers and the strong relationships they've built over the years are an ideal complement to our technology-driven approach"
1
2
.Greg Daily, Chairman and CEO of i3 Verticals, provided insight into the decision to sell their Healthcare RCM Business. He acknowledged the attractiveness of the market but emphasized the importance of scale in revenue cycle management. Daily stated, "We found a great partner, and our healthcare management team will be well positioned to accomplish great things with Infinx"
1
2
.Related Stories
Founded in 2012, Infinx has established itself as a provider of AI-driven solutions that optimize the financial lifecycle of healthcare providers. The company's cloud-based software, powered by AI and automation, is utilized by experienced consultants and billing specialists across the U.S., India, and the Philippines
1
2
.Infinx's solutions span all functions of patient access and revenue cycle management, aiming to help healthcare providers:
1
2
This acquisition represents a significant development in the healthcare technology sector, particularly in the realm of revenue cycle management. By combining i3 Verticals' established presence in academic medical centers with Infinx's AI-powered solutions, the merged entity is poised to address the complex financial challenges faced by healthcare providers
1
2
.The integration of AI and automation in healthcare RCM processes has the potential to streamline operations, reduce errors, and ultimately improve the financial health of healthcare institutions. This, in turn, could lead to better resource allocation and improved patient care
1
2
.As the healthcare industry continues to grapple with financial pressures and evolving regulations, the role of AI-driven solutions in managing revenue cycles is likely to become increasingly prominent. This acquisition positions Infinx at the forefront of this trend, potentially setting new standards for efficiency and effectiveness in healthcare financial management
1
2
.Summarized by
Navi
10 Jan 2025•Business and Economy
10 Oct 2024•Health
30 Nov 2024•Business and Economy
1
Business and Economy
2
Business and Economy
3
Policy and Regulation