Knack Global Closes Acquisition of STAT MedCare Solutions.
M2 EQUITYBITES-February 28, 2019-Knack Global Closes Acquisition of STAT MedCare Solutions
(C)2019 M2 COMMUNICATIONS http://www.m2.com
28 February 2019 - New Jersey, US-based healthcare revenue cycle management company Knack Global, LLC has closed its acquisition of US-based credentialing, payor enrollment, medical licensing and rate negotiation services provider STAT MedCare Solutions, LLC, the company said.
STAT MedCare serves all medical and behavioural specialties and subspecialties, and works across all 50 states.
With the acquisition of STAT MedCare, Knack will be able to offer its clients a one-stop shop for all their credentialing, provider enrollment, rate negotiation, medical licensing, and revenue cycle management needs.
CEO ally, Inc., a tech-focused, mid-market M and A advisory firm, acted as the exclusive buy-side advisor to Knack in this acquisition.
Knack Global, LLC (Knack), founded in 2007 is a leading healthcare company, with interests in RCM services, Healthcare IT and software support services, and is ISO 9001:2008 certified.
Headquartered in New Jersey, USA, Knack has delivery centers in India (Mumbai, Hyderabad and Mohali).
Knack's comprehensive range of Healthcare services enables customers to cross new thresholds of business performance.
Since inception, Knack has been focused on a single mission; helping clients maximize competitive advantage by driving productivity and...
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