Healthcare Revenue Shift: i3 Verticals Offloads RCM Segment in Strategic Move
Nashville Tech Firms i3 Verticals and Infinx Seal Groundbreaking $96 Million Healthcare RCM Deal
In a strategic move that promises to reshape healthcare revenue management, i3 Verticals, Inc. has completed a landmark transaction with Infinx, Inc., a pioneering force in AI-driven revenue cycle solutions. The companies announced today a comprehensive sale of i3 Verticals' Healthcare Revenue Cycle Management (RCM) business, including its cutting-edge proprietary technology.
The all-cash transaction, valued at $96 million, represents a significant milestone for both organizations. The deal, which was simultaneously signed and closed, underscores the growing importance of advanced technological solutions in healthcare financial management.
By transferring its RCM business and associated technology to Infinx, i3 Verticals is positioning itself to leverage Infinx's robust AI capabilities and expand its strategic focus. The transaction is subject to standard post-closing purchase price adjustments, reflecting the companies' commitment to a transparent and mutually beneficial agreement.
This strategic partnership highlights the ongoing digital transformation in healthcare revenue management and signals a promising future for technology-driven financial solutions.