Infinx Acquires i3 Verticals' Healthcare RCM Business for $96 Mn

The strategic move aligns with Infinx's broader goal to combine cutting-edge technology with expert services across the entire revenue cycle.

Infinx has announced the acquisition of the Healthcare Revenue Cycle Management (RCM) business of i3 Verticals, Inc. for $96 million, including its proprietary technology. 

The deal, subject to post-closing purchase price adjustments, marks a significant expansion of Infinx's footprint in the healthcare RCM market.

The acquisition brings with it an experienced team, an established customer base, and access to new market segments such as academic medical centers and large provider groups. 

The strategic move aligns with Infinx's broader goal to combine cutting-edge technology with expert services across the entire revenue cycle.

"We're thrilled to welcome the i3 Verticals Healthcare RCM team and their customers into the Infinx family," said Jaideep Tandon, Chairman and CEO of Infinx. 

"Their deep experience supporting academic medical centers and the strong relationships they've built over the years are an ideal complement to our technology-driven approach. By combining their trusted expertise with our AI-powered RCM Insights, patient access, and automation platforms, we're excited to deliver meaningful financial and clinical outcomes for healthcare providers nationwide."

Greg Daily, Chairman and CEO of i3 Verticals, noted the strategic rationale behind the sale. 

"We are proud of what we built and continue to believe that this is an attractive market. However, we also recognize that scale is important in revenue cycle management, and our future lies in enterprise software solutions in other markets," he said.

The acquisition supports Infinx's ongoing strategy to deliver AI-enabled, scalable RCM solutions that enhance provider revenue, reduce administrative burden, and improve patient experience from patient access to accounts receivable optimization.

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