MIAMI, FL – (April 30, 2015) Trivest Partners, L.P. (“Trivest”) today announced that its affiliate, GetixHealth, LLC has acquired QUBE, LLC (“QUBE” or the “Company”). The Company is a founder-owned provider of healthcare Revenue Cycle Management (RCM) services. The transaction represents GetixHealth’s first add-on acquisition since partnering with Trivest in February 2015.
Headquartered in Fremont, California, The Company provides Revenue Cycle Consulting, Accounts Receivable Outsourcing, with a special focus on Workmen’s Compensation and Third Party Liability (TPL) billing and follow-up. These services complement and are an extension of the services currently provided by GetixHealth. The Company’s clients value their in-depth knowledge and ability to provide increased cash flow while providing exemplary customer service and meeting compliance standards.
The Company’s founder, Ramona Hernandez, has become an owner in GetixHealth and will report to Charles Bracken, Chief Executive Officer of GetixHealth. Charles Bracken commented “the addition of QUBE to GetixHealth is an important step forward in our growth and development as we build organically and through a disciplined add-on acquisition program. QUBE is a complement to GetixHealth’s existing business as they bring new customer relationships and opportunities for the combined companies. I warmly welcome Ramona Hernandez and her staff, and look forward to continued success for all.”
GetixHealth is a healthcare business process outsourcing services (BPO) company serving the healthcare provider industry. The primary business of GetixHealth is to provide services and technologies to hospitals and physician groups in the areas of billing and collection of charges, and other services which are part of Revenue Cycle Management. The Company has over 350 employees with offices in Houston, Texas and Bangalore, India. GetixHealth serves clients across the United States. Please visit www.Getixhealth.com
About Trivest Partners:
Trivest Partners is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada. Since its founding in 1981, Trivest has completed more than 200 transactions, totaling more than $5.0 billion in value. For additional information, please visit www.trivest.com.