Trivest Affiliate GetixHealth Completes Add-On Acquisition
MIAMI, FL – (July 2, 2015) Trivest Partners (“Trivest”) today announced that its affiliate, GetixHealth, LLC (“GetixHealth” or “the Company”) has acquired SVA Healthcare Services, LLC (or “SVAHC”), a full service provider of medical coding and physician billing services. SVAHC specializes in the revenue cycle from the point of care forward. The SVAHC acquisition provides GetixHealth with a new billing platform that is complementary to the Company’s existing back-end RCM services, adds new customer accounts and broadens GetixHealth’s geographic footprint throughout the Midwest.
The SVAHC transaction represents GetixHealth’s second add-on acquisition since Trivest partnered with the Company in February 2015. The Company plans to continue to pursue additional bolt-on acquisitions to supplement the strong organic growth in the business.
GetixHealth is a healthcare business process outsourcing services (BPO) company serving the healthcare provider industry. The primary business of GetixHealth is to provide services and technologies to hospitals and physician groups in the areas of billing and collection of charges, and other services which are part of Revenue Cycle Management. The Company has over 350 employees with offices in Houston, Texas and Bangalore, India. GetixHealth serves clients across the United States. Please visit www.Getixhealth.com
About Trivest Partners:
Trivest Partners is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada. Since its founding in 1981, Trivest has completed more than 225 transactions, totaling more than $5.5 billion in value. For additional information, please visit www.trivest.com.