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CorroHealth finalizes acquisition of Xtend Healthcare revenue cycle management business from Navient

Sep 19, 2024about 1 year ago

Acquiring Company

CorroHealth

Acquired Company

Xtend Healthcare

BeratHealth Care

Description

CorroHealth, a leading healthcare technology and RCM company, has finalized its acquisition of the Xtend healthcare revenue cycle management business from Navient. This acquisition further positions CorroHealth as the clear leader in revenue cycle management consultancy and technology, providing significant scale to its existing RCM offerings and new patient engagement capabilities.

Company Information

Company

CorroHealth

About

CorroHealth uses advanced analytics, proprietary AI technology, and clinical expertise to optimize revenue cycle management for healthcare systems.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed