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Welsh, Carson, Anderson and Stowe Completes the Acquisition of Argos Health
Friday 24 September 2021

US-based private equity firm Welsh, Carson, Anderson and Stowe has acquired complex claims revenue cycle services provider Argos Health, which serves health systems, the firm said.

Terms of the deal were not disclosed.

Argos Health works with hospitals, health systems, and physician groups to drive reimbursement and increase claims recovery through their core services of workers' compensation, ERISA appeals, motor vehicle accident, US Department of Veterans Affairs and other military claims, and additional complex cases.

Over the past four decades, WCAS has successfully invested approximately USD10 bn of equity in over 90 healthcare companies through its 13 private equity funds. WCAS's current portfolio includes market-leading healthcare businesses such as CenterWell, InnovAge, MMIT, Shields Health Solutions and US Anesthesia Partners.

Argos Health is a revenue cycle partner specializing in the management and resolution of complex claims.

The company works with hospitals, health systems, and physician groups to drive reimbursement and increase claims recovery through their core services of workers' compensation, motor vehicle accident, out-of-state Medicaid, ERISA, US Department of Veterans Affairs and other military claims, and additional complex cases.
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Date Published: 24/09/2021

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