Unified Health Services, L.L.C.
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Unified Health Services, L.L.C. - overview
Established
1997
Location
Memphis, TN, US
Primary Industry
Software
About
Unified Health Services provides comprehensive revenue cycle management services, specializing in Workers’ Compensation claims. The company aims to enhance operational efficiency and reimbursement processes for healthcare providers across the United States. Unified Health Services, L. L.
C. was founded in 1997 in Memphis, US, by Doug Services and Joe Services. The company focuses on revenue cycle management, particularly in managing Workers’ Compensation claims. Recently, in August 2022, Reynolda Equity Partners acquired Unified Health Services, supporting its growth strategies and initiatives.
The firm has completed a total of 1 deal. Unified Health Services (UHS) specializes in end-to-end revenue cycle management (RCM) services, focusing on Workers’ Compensation claims. The company's core product offerings streamline the claims process by verifying patient eligibility and securing prior authorization before claims are filed. UHS employs a detailed payer and state-specific rules engine to ensure compliance with state fee schedules and reimbursement requirements, thus mitigating denials and underpayments.
Serving a diverse client base that includes health systems, hospitals, and surgery centers across all 50 states, UHS's solutions aim to enhance workflows, eliminate inefficiencies, and maximize reimbursement. The company has been operational since 1997, providing its services to organizations that handle Workers’ Compensation cases, thereby addressing critical issues such as revenue backlogs and administrative burdens. Unified Health Services operates on a transactional revenue model centered around service contracts with healthcare providers. These partnerships usually involve the submission of ANSI X-12 837 Workers’ Compensation claims, with UHS providing the requisite verification and authorization services prior to claim filing.
Clients benefit from an automated process that delivers ANSI X-12 835 files for easy integration into their billing systems, which facilitates smoother financial operations. UHS manages substantial accounts receivable, reflecting the volume of claims processed on behalf of its clients. The company’s established presence in the Workers’ Compensation RCM space positions it as a trusted partner for healthcare providers, driving a consistent revenue stream through its specialized services. Following the acquisition by Reynolda Equity Partners in August 2022, Unified Health Services is poised to leverage this support for its growth initiatives, focusing on organic and acquisitive strategies.
The firm plans to expand its market presence into new geographic regions, specifically targeting additional states within the U. S. in the coming years. The investment will enable the development of new product offerings designed to enhance their service capabilities, although specific details regarding the release dates of these new products have yet to be outlined.
Current Investors
Reynolda Equity Partners
Primary Industry
Software
Sub Industries
Accounting/Finance Software, HR & Workforce Software, Systems Management Software
Website
http://www.uhsweb.com
Company Stage
Mature - Buyout
Total Amount Raised
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Unified Health Services, L.L.C. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Sunbelt Health Partners | - | ||||||||
| Buyout | Completed | Unified Health Services, L.L.C. | - |
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