Aaron Weitzman

1 week ago | axios.com | Aaron Weitzman |Claire Rychlewski

Reliant Healthcare, a privately held ambulatory infusion provider, collected first-round takeover bids this week, two sources familiar with the process tell Axios. Why it matters: Reliant is primarily being marketed to private equity firms, which have demonstrated an insatiable appetite for infusion investments. Inside the room: Brentwood Capital is advising Reliant Healthcare, which generates about $8 million of EBITDA, the sources say.

1 week ago | axios.com | Aaron Weitzman

Youlify, a revenue cycle management startup, raised a $4.3 million seed round, CEO Bo Gu tells Axios exclusively. Why it matters: The company is profitable, operating under a shared revenue model with its health care provider customers, Gu says. Zoom in: The round was led by Bonfire Ventures, with participation from Top Harvest Capital. Palo Alto, Calif.-based Youlify is generating more than $1 million in ARR, Gu says.

1 week ago | axios.com | Aaron Weitzman

Linden Capital Partners raised $5.4 billion in its sixth buyout fund, president Tony Davis tells Axios exclusively. Why it matters: It gives Linden ample dry powder to pounce on what Davis calls "the largest ever backlog" of PE-backed deals in health care. Zoom in: Fund VI surpassed the initial $4.5 billion target and initial $5 billion hard cap, Davis says. Fundraising started in Q1 of last year and closed less than nine months later.

3 weeks ago | axios.com | Aaron Weitzman

RapidClaims, a revenue cycle and claims management company for health care providers, raised an $11 million Series A, CEO Dushyant Mishra tells Axios exclusively. Why it matters: It's the second RCM-related deal this week. How it works: New York-based RapidClaims uses AI to help providers improve medical coding accuracy and contain costs.

3 weeks ago | axios.com | Aaron Weitzman

Notable Systems, an RCM startup for medical equipment providers, closed a $12 million Series B, CEO Steve Johnson tells Axios exclusively. Why it matters: An ongoing technology arms race is reshaping revenue cycle management, as investors rush to capitalize on the clear ROI for health care players. Zoom in: Harbert Growth Partners and Grotech Ventures co-led the round. By the numbers: Denver-based Notable has more than 24 customers today — up from two clients 18 months ago.