Centauri Health Solutions has announced it has acquired HCFS.
HCFS, based in Frisco, Texas, is a provider of self-pay services to hospitals and health systems, including eligibility, out-of-state Medicaid and account management resolution.
Centauri Health Solutions, based in Scottsdale, Ariz., provides services to payors and providers in government-sponsored healthcare programs. Services are designed to address complex problems such as uncompensated care within health systems; appropriate, risk-adjusted revenue for specialized sub-populations; and quality of care measurement.
Centauri is backed by private equity firm Abry Partners, growth equity firm Silversmith Capital Partners and healthcare fund manager SV Health Investors.
As a result of the acquisition, HCFS is being renamed Centauri Health Solutions.
Terms of the transaction were not disclosed.