KKR invests in Healthcare Revenue Solutions provider Infinx
KKR has announced its acquisition of a significant minority stake in Infinx Services, the leading healthcare revenue cycle solutions provider. Through this investment, KKR will leverage its extensive experience in the global healthcare and technology sectors to accelerate Infinx’s growth, expand the company’s network, and support bolt-on acquisitions, stated a company release.
Norwest Venture Partners, an existing shareholder, also participated in the transaction.
Co-founded in 2012 by Sandeep Tandon and Jaideep Tandon, Infinx is a provider of data-driven revenue cycle management solutions for the healthcare sector, with a particular focus on the US market. Infinx’s Healthcare Revenue Cloud platform supports end-to-end revenue cycle business functions utilizing AI, automation, payer integration, and workforce management.
Today, Infinx’s solutions support 172,000 healthcare professionals across 4,000 facilities including ambulatory, acute care and post-acute care providers. Infinx counts over 400 leading healthcare provider organizations as customers including hospitals, health systems and outpatient healthcare providers, it added.
Recent reports have valued the US healthcare market at approximately $4.3 trillion, representing over 18% of US GDP.
Infinx was advised by Rothschild & Co. as financial advisor.
“Digital transformation will play an increasingly important role in helping companies to streamline complex processes and improve productivity. Considering this tailwind, we are pleased to invest in Infinx
