Chicago private-equity firm Waud Capital Partners, Chicago, has acquired Revenue Cycle Solutions of Westchester, Ill., for an undisclosed amount.
Waud buys Revenue Cycle Solutions
According to a news release, Waud is installing two long-time healthcare industry executives to work in the top roles at Revenue Cycle Solutions: Mike Jacoutot as CEO and Mary Ann McLaughlin as chief operating officer. Jacoutot and McLaughlin have worked together at three other companies previously, according to the release.
Waud did not release terms of the transaction, though in the release the company notes that it seeks to invest $20 million to $100 million in companies it acquires.
Private equity has shown a keen interest in the healthcare sector since the markets rebounded in 2010.
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