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RoundTable Selling MedAssist

RoundTable Healthcare Partners has agreed to sell MedAssist Holding Inc. to an affiliate of Firstsource Solutions Ltd., a listed business process outsourcing company based in Mumbai, India. The deal is valued at $330 million in cash. MedAssist is a Louisville, Ky.based provider of outsourced revenue cycle management services to the healthcare industry, including eligibility services, receivable management services, and collections services. 

RoundTable acquired a majority stake in MedAssist in 2004, and supported subsequent acquisitions of Argent Healthcare Financial Services, Twin Medical Transaction Services and Capstone Solutions LLC. www.roundtablehp.com www.medassistgroup.com