Infinx buys US firm i3 Verticals for $96 million

Mumbai-based revenue cycle management (RCM) solutions provider Infinx has announced acquisition of US-based i3 Verticals including its associated proprietary technology for $96 million (around Rs 800 crore) to help expand its presence in academic medical centers.“The transaction strengthens Infinx’s market presence in the healthcare RCM space and expands its footprint into new customer segments, including academic medical centers and other large provider groups,” Infinx said in a statement.

The deal is subject to post-closing purchase price…