Bolder Healthcare Solutions, a portfolio company of Edgewater Growth Capital Partners, has acquired Business Dynamics, a spine revenue cycle management firm. No financial terms were disclosed.
Edgewater Growth Capital Partners III, L.P. (“Edgewater”) is pleased to announce that its portfolio company Bolder Healthcare Solutions (“BHS”), a leading provider of revenue cycle management (“RCM”) services to the healthcare market, has recently acquired Business Dynamics, Inc. (“Business Dynamics”).
Business Dynamics was founded by Barbara Cataletto in 1998 and is a full-service Spine RCM firm that simplifies and streamlines the business of coding, billing and reimbursement for spine specialists. Ms. Cataletto will continue in her current role as CEO, with Business Dynamics operating as a stand-alone entity within BHS’ Physician vertical.
BHS offers a growing suite of best of breed healthcare RCM services to the Hospital and Physician marketplace. BHS was formed through a partnership with experienced industry executive Michael Shea and currently has over 2,000 employees serving over 600 clients across the U.S.
BHS continues to pursue acquisitions of select, high quality RCM service providers. Please contact us to discuss any acquisition opportunities.
The Edgewater Funds is a Chicago-based private equity firm with $2.6 billion in committed capital. Through Edgewater Growth Capital Partners, we partner with management to help accelerate growth in their businesses. Edgewater focuses on funding high quality middle market companies where we can add substantial value through our capital, our experience and our broad network. Edgewater leverages the experiences of its Partners and the Executive Advisory Board who have distinguished themselves as successful CEOs and business leaders.