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Healthcare & Life Sciences Private Equity Deal Tracker: Riverside Partners Acquires Medical Reimbursement of America

Posted in Healthcare Services Investing

Riverside Partners has announced its acquisition of Medical Reimbursement of America (MRA).

Riverside Partners, based in Boston and founded in 1988, seeks investments in growing middle-market healthcare- and technology-oriented companies. The firm typically invest in companies with revenues between $10 million and $100 million.

MRA, based in Franklin, Tenn., is a provider of reimbursement solutions for hospitals and health systems. Through its payment integrity division based in Ft. Lauderdale, Fla., MRA also provides underpayment identification and recovery services.

Terms of the acquisition were not announced.

Note: Learn more about Riverside Partners and other leading PE firms that invest in healthcare here.