RCM Services Provider Fellow Health Partners Announces Strategic Investment from Cleargate Capital Partners
Investment to Accelerate Fellow’s Plan to Grow through Continued Geographic Expansion, Technology Investments and Strategic Acquisitions
Fellow Health Partners (“Fellow”), a leading provider of revenue cycle management ("RCM") services to physician groups, ambulatory surgery centers, and healthcare organizations nationwide, today announced that it has received a strategic investment from Cleargate Capital Partners (“Cleargate”), a healthcare-focused private equity firm committed to long-term partnerships with founder-led, lower middle market businesses. Terms of the transaction were not disclosed.
Fellow helps healthcare providers navigate an increasingly complex environment by delivering RCM services that improve collections, reduce administrative burdens, and enhance financial performance. Fellow supports more than 500 clinicians across approximately 50 healthcare organizations nationwide. It has earned a reputation for highly attentive customer service and deep subject matter expertise in orthopedic surgery, anesthesia, ambulatory surgery centers, and other specialty physician practices. CEO Michael N. Brown and the rest of Fellow’s management team will continue to lead the organization through this next chapter of growth.
