Luthra advises National Medical Billing on the acquisition of MedTek and Avontix

The deal amount remains undisclosed.
medical sector
medical sector

National Medical Billing Services, an industry leading healthcare revenue cycle management (RCM) company serving the surgical market, has acquired MedTek and its Indian wholly owned subsidiary Avontix.

Luthra and Luthra Law Offices India represented National Medical in this deal.

The transaction team consisted of Nishant Singh (Partner), Nikhil Bhat (Senior Associate), Manushi Shah (Associate), Aditi Nagpal (Associate), Maitri Meghani (Associate), Aayush Sinha (Associate), Divyanshu Bansal (Associate) and Meghna Singh (Associate).

Medtek and Avontix are leading providers of RCM solutions to ambulatory surgery centers (ASCs), hospitals, clinics, and specialty groups nationwide.

As the largest and most experienced provider of outsourced RCM services focused on the surgical market, National Medical serves hundreds of ASCs, surgical practices, and anaesthesia groups. More specifically, this acquisition will further strengthen National Medical's position as the complete end-to-end provider of outsourced revenue cycle solutions serving ASCs, surgical practices, and anaesthesia groups.

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