Argus Partners has advised Infinx on the acquisition of the Healthcare Revenue Cycle Management (“RCM”) business of i3 Verticals, including its proprietary technology, for a total consideration of ~$96 million.

The transaction team consisted of Abhinav Bhalaik (Partner), Jitendra Soni (Partner) and Associates - Samia Haider, Harsh Garg, Abhirami Retheev, Shivam Dubey.

The Firm had previously advised Infinx on the acquisition of MedReceivables Advisor and Glidian, Inc.

The acquisition includes i3 Verticals' proprietary technology and brings an experienced team to Infinx, aligning with its long-term strategy to integrate scalable technology with expert services across all stages of the revenue cycle—from patient access to accounts receivable optimization. This integration aims to empower healthcare providers to maximize revenue, reduce administrative burdens, and improve patient outcomes.

Founded in 2012, Infinx is a leading provider of scalable, AI-powered solutions that optimize the financial lifecycle of healthcare providers. Its cloud-based platforms support revenue cycle functions, from patient access to accounts receivable, serving clients across the United States, India, and the Philippines.

This strategic transaction marks a significant step in strengthening Infinx’s presence in the healthcare RCM space. It expands the company’s customer base to include academic medical centres and large provider groups, while also bringing on board an experienced team and long-standing client relationships. The acquisition reinforces Infinx’s mission to deliver end-to-end, technology-enabled financial lifecycle solutions for healthcare providers.

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