Rockville, MD – October 4, 2019 – Greenberg Advisors (GA), the leading investment bank to specialize in RCM and HCIT transactions, announced that investment in these sectors grew by 76% in the first half of 2019 compared to the prior year, based on $9.1 billion changing hands in the first half of 2019. GA’s M&A Update for the first half of 2019 will be published this fall and will include actionable insight, data, and trends regarding deal activity.
Observations of investment activity during the first half of 2019:
Brian Greenberg, CEO, commented “The timing to enter the market is exceptional now for investors and sellers. Our sell-side clients are benefitting from very attractive pricing multiples and fierce competition to acquire. That competition and demand from investors is driven by the opportunities available for RCM and HCIT firms to gain market share, capabilities and/or scale, or more broadly, to solve a major market need through development or acquisition of healthcare technology or other solutions.”
A reflection of this activity, GA has completed 8 transactions in RCM and HCIT over the past 18 months, including the sale of PARA HealthCare Financial Services (PARA). PARA provides market-based pricing tools, analytics products, revenue integrity solutions, and consulting services that improve margins for healthcare organizations nationwide.
About Greenberg Advisors
Greenberg Advisors, LLC provides trusted M&A and strategic advice and is best known for its expertise in Revenue Cycle Management (RCM), Healthcare IT (HCIT), and related sectors. Focused on these sectors for nearly 25 years, the firm’s professionals offer a comprehensive, yet highly specialized perspective from which to advise clients, which has resulted in the completion of over 130 merger & acquisition (M&A), capital raising, valuation, and strategic advisory engagements. These client successes reflect its distinct client-first approach, objective point of view, deep sector expertise, and roll-up-the-sleeves work ethic. Greenberg Advisors celebrates its 10-year anniversary in 2019. Follow the firm on Twitter @GreenbergAdvsrs or visit www.greenberg-advisors.com.