Healthcare-focused private equity firm Linden Capital Partners said June 21 it is buying a majority stake in the revenue cycle management company Aspirion.
Columbus, Ga.-based Aspirion helps hospitals and physicians recover complex claims revenue, such as that from vehicle accidents, workers' compensation, Veterans Affairs, Tricare and out-of-state Medicaid, according to a Linden Capital Partners news release. The company works with more than 140 clients in 45 states.
"We look forward to supporting Aspirion and positioning the company for continued growth, particularly through strategic investments in technology, product and (mergers and acquisitions)," Linden partner Kam Shah said in the news release.
Aspirion's management team and the private equity firm Aquiline Capital Partners will remain investors in Aspirion after the completion of the transaction, according to the news release.