New Mountain backs Merger of IMA Consulting and Revint

12/18/17

IMA Consulting, a leading full-service healthcare solutions and consulting firm providing an array of complementary revenue recovery, reimbursement, revenue cycle and related services to hospitals and health systems nationwide, has merged with Revint Solutions, a provider of revenue integrity and recovery services for healthcare providers.

The combined businesses create a new, leading technology-enabled platform offering a full suite of complex reimbursement and revenue integrity solutions to over 1,500 healthcare organizations in the U.S. and helping to recover over $150 million annually of underpaid or unidentified revenue for its clients. The transaction was facilitated by a majority investment from New Mountain Capital, a New York based growth-oriented investment firm that currently manages over $20 billion in assets.

Cain Brothers served as IMA’s exclusive financial advisor in connection with this transaction.

Founded in 1996 and based in Chadds Ford, PA, IMA has served over 1,100 healthcare organizations across the country via its outcome-focused solutions addressing critical issues facing healthcare providers. IMA’s differentiated offering includes outsourced solutions, such as revenue recovery/enhancement, underpayments and revenue cycle, as well as consulting services and interim management.

Cain Brothers, a division of KeyBanc Capital Markets, is a pre-eminent healthcare investment bank. We deliver innovative solutions and fresh ideas to our clients in mergers & acquisitions, debt and equity financing, and strategic and financial advisory from our offices across the country. Our deep knowledge of the industry is matched with the knowhow needed to efficiently execute the most complex transactions of all sizes. With our exclusive focus on healthcare services, medical technology and life sciences, we have an unobstructed view of this rapidly evolving industry that enables us to provide unique perspectives to our clients. www.cainbrothers.com

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