Waud Capital Partners will acquire Revenue Cycle Solutions, a vendor of revenue cycle applications for hospitals and group practices. Terms were not announced. The move is part of an effort by Waud Capital to build a patient account resolution company. Established in 2002, Revenue Cycle Solutions serves over 100 provider organizations with account resolution, self-pay and aged receivables recovery services. “Hospitals face increasing profit and process challenges with the continuing shift toward higher patient-responsibility for co-payments and deductibles,” said David Neighbours, a partner at Waud Capital, in a statement.

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