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Citizens Advises UHS on its Partnership with Reynolda Equity Partners

November 03, 2022, 07:33 AM
Filed Under: Business Services

Citizens M&A Advisory served as the exclusive financial advisor to Unified Health Services on its strategic growth investment from Reynolda Equity Partners, a private equity firm exclusively focused on supporting the capital needs of private, growth-oriented companies across the U.S. UHS is a provider of end-to-end revenue cycle management solutions for workers’ compensation claims, serving a diverse array of clients, including hospitals and health systems, medical groups, surgery centers and urgent care/occupational health centers.

President and CFO of UHS Michael Reece said: "We greatly appreciate the efforts made by the entire Citizens team in bringing about a successful outcome. Their knowledge of the revenue cycle management and complex claims landscape, patience and perseverance in aligning with our collective goals and expertise in executing transactions in the space helped us find the perfect partner to continue and accelerate our success.”

“We're proud to have acted as a trusted strategic advisor to UHS on their partnership with REP, which will support and accelerate the company's next phase of growth,” said Citizens Managing Director Justin Bentley. “Michael, Joe, Don and their team have built UHS into a best-in-class RCM solutions provider with a reputation for deep workers’ comp expertise and outstanding client service. The partnership with REP, which has decades of experience growing founder-led businesses, will help UHS drive continued success while better serving their clients.”

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