Private Equity Revenue Cycle Operating Partner

Healthcare organizations partner with private equity to accelerate growth, professionalize operations,
and build durable platforms. As these organizations scale, operational execution becomes the primary
determinant of value creation.

Revenue cycle performance directly affects:

• Cash flow predictability
• Margin stability
• Financial reporting accuracy
• Exit readiness and buyer confidence

Fragmentation, inconsistent measurement, and limited visibility can quietly erode performance—often
surfacing late in the ownership cycle when remediation options are limited.

Billed Right serves as an operating partner focused on ensuring revenue cycle execution supports the
fund’s investment thesis from diligence through exit.

Founded in 2006 by Saurin Patel and Dave Patel, Billed Right was built with a clear belief:
medical billing should solve problems, not sell services.

From the beginning, our approach has been rooted in listening first, understanding the real financial and operational challenges healthcare providers face, then designing solutions that improve outcomes across revenue, efficiency, and patient care.

Today, that philosophy has evolved into Billed Right’s Intelligent Revenue Operations model, combining automation, analytics, and people excellence to deliver measurable, repeatable results for practices nationwide.

We operate alongside management teams and investors to deliver measurable operational and financial improvements.

Our approach emphasizes:

• Early involvement during diligence and transition
• Continuous engagement through execution
• Alignment with fund timelines and investment priorities
• Clear reporting, accountability, and governance

We focus on what materially improves cash performance and reduces operational risk.

Billed Right has supported private equity-backed and growth-stage healthcare organizations across:

• Behavioral Health Platforms
• Cardiology Groups
• Multi-site Provider Organizations

Our team has partnered with investors, CFOs, and executive leadership to:

• Stabilize revenue cycle performance
• Improve financial visibility and reporting discipline
• Accelerate cash flow and reduce operational variability
• Establish scalable infrastructure for growth and exit readiness