GetixHealth acquires Americollect to expand RCM capabilities
TEXAS, UNITED STATES — GetixHealth, LLC, owned by an affiliate of H.I.G. Capital, announced this week the completed acquisition of Americollect, Inc., a patient engagement services provider.
While specific terms of the deal were not disclosed, it marks a significant move to expand GetixHealth’s leadership in the healthcare revenue cycle management (RCM) sector.
Kevin Lonergan, CEO of GetixHealth, stated, “Americollect’s commitment to compassionate patient engagement and delivering outstanding results align perfectly with GetixHealth’s mission.”
He emphasized that H.I.G.’s backing “has enabled GetixHealth to invest in advanced technology and a scalable operational infrastructure, which we are excited to leverage to enhance outcomes for Americollect’s customers and their patients.”
Global impact and future growth
Both GetixHealth and Americollect are set to benefit from this merger. GetixHealth’s access to H.I.G.’s extensive resources and operational support aims to further enhance technology, efficiency, and patient experience.
H.I.G. Capital, with $70 billion in assets and offices across the Americas, Europe, the Middle East, and Asia, continues to focus on value creation within the healthcare sector, managing a portfolio of companies whose sales exceed $53 billion worldwide.
This acquisition underscores a broader trend in the healthcare finance industry toward collaborative, technology-driven solutions that prioritize patient engagement and compassion.
Comments from leadership
Kenlyn T. Gretz, CEO of Americollect, commented, “Joining forces with GetixHealth is an excellent opportunity for our employees and Americollect’s customers. Our shared values and commitment to excellence make this a natural fit.”
Anthony Chambers, Managing Director at H.I.G. Capital, added, “This acquisition reinforces GetixHealth’s leadership in delivering high-impact patient financial experiences. We are proud to have enabled this strategic partnership and remain committed to supporting future growth and operational excellence.”
About the companies
Based in Sugar Land, Texas, GetixHealth offers comprehensive RCM solutions, including:
- Patient responsibility management
- Eligibility and enrollment
- Third-party claims resolution
- Patient access and insurance billing
GetixHealth employs more than 1,500 people and operates offices in the United States and India. It services over 400 healthcare providers and 15,000 physicians. Annual revenues are estimated at $468 million, underpinned by technology-driven solutions and three decades of expertise.
Meanwhile, founded in 1964, Americollect is headquartered in Manitowoc, Wisconsin. The company focuses on patient engagement and collections, employing approximately 184 staff.
Americollect is renowned for its “Ridiculously Nice Collections” method, which emphasizes empathy and education over pressure, distinguishing its approach in the industry. Its estimated annual revenue is roughly $42.5 million. Americollect operates primarily in the United States, partnering with hospitals and health systems for over 50 years.
