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Revenue Cycle Operating Partner for Healthcare Private Equity
Billed Right helps healthcare-focused private equity firms improve operations, strengthen reporting visibility, and build revenue cycle frameworks that scale across multi-site and multi-provider organizations.
Supporting PE-backed platforms across behavioral health, cardiology, and multi-site provider organizations.
Why Revenue Cycle Matters To Private Equity
Revenue cycle performance drives portfolio value. Inefficient billing operations suppress collections, inflate AR days, and create reporting blind spots that hide the true financial performance of portfolio companies. It affects EBITDA, valuation multiples, lender reporting, and exit readiness. Fragmentation, inconsistent measurement, and limited visibility can quietly erode performance across a portfolio, even when clinical operations appear healthy. Billed Right serves as an operating partner focused on making sure revenue cycle execution supports the investment thesis at every stage.
EBITDA Impact
Billing inefficiencies cut into EBITDA margins directly. Clean RCM operations recover lost revenue and give lenders and LPs clearer financial visibility.
Portfolio Reporting Visibility
Standardized KPI dashboards across portfolio companies give operating partners the data to catch underperformance early.
Exit Readiness
Fragmentation, inconsistent measurement, and limited visibility can slow down a sale process. Clean, auditable RCM operations support stronger exit valuations.
Three Ways to Engage
Engagement Models Built Around Your Portfolio Strategy
Advisory Partner
Firms that want strategic advisory, diligence support, and long-term investment alignment without a full operational engagement.
- Revenue cycle due diligence and benchmarking
- Pre-acquisition RCM assessment
- Ongoing operating reviews
- Diligence readiness support
- Post-close improved visibility across portfolio companies
Portfolio RCM Platform Partner
Portfolio companies that need scalable infrastructure across multiple practices or sites within a platform investment.
- Portfolio-wide revenue cycle management
- Standardized infrastructure across sites
- Consolidated reporting and dashboards
- KPI performance outcome tracking
- Scalable teams built around your platform
Asset-Level RCM Partner
Firms that want full practice-level operational support delivered directly at the asset level.
- Dedicated operational teams per asset
- Full RCM execution including credentialing, billing, denials, AR
- Practice-specific performance reporting
- Direct account management
- Scalable capacity for growth and add-on integration
A Proven, Trusted Revenue Operations Collaborator
Founded in 2006 by Saurin Patel and Dave Patel, Billed Right was built on one core belief: understand the real financial and operational challenges of healthcare providers before ever recommending a solution. That philosophy now shapes how we work with private equity. We don't pitch a product. We engage as an operating partner, embedded in the performance challenges of each asset, and we design solutions that produce measurable, repeatable outcomes across the portfolio. Today that philosophy has grown into three core capabilities that PE-backed healthcare platforms rely on: execution, accountability, and alignment. We focus on what materially improves cash performance and reduces operational risk.
Operating Partner Approach
We work alongside management teams and boards as revenue cycle operators, accountable for financial and operational improvement.
- Fully accountable during diligence through exit
- Continuous engagement through execution
- Alignment with value creation and exit timelines
- Clear reporting, accountability, and transparency
We focus on what materially improves cash performance and reduces operational risk.
Experience With PE-Backed Healthcare Platforms
Experience That Carries Straight Over to Portfolio Investments.
Billed Right has worked across the full breadth of PE-relevant specialties. We serve behavioral health platforms, cardiology groups, multi-site primary care organizations, multi-specialty groups, urgent care networks, and multi-provider organizations that need integrated EHR and practice management implementation. Our operational depth spans credentialing, authorization, RCM execution, staffing, documentation management, reporting, and strategic management consultation.
Where We Support The Investment Lifecycle
Supporting Every Stage, From Diligence to Exit
Diligence
Revenue cycle due diligence, current state assessment, KPI benchmarking, and performance gap identification before close.
Transition
Integration planning, system onboarding, credentialing, and operational reporting implementation post-acquisition.
Value Creation
Full RCM execution, denial management, AR recovery, workforce optimization, and reporting infrastructure across the platform.
Add Acquisitions
Onboarding clarity, rapid integration of acquired practices into existing billing infrastructure and reporting standards.
Exit Preparation
Reporting clarity, clean AR, documentation of operational performance, and billing infrastructure support for sale process.
Recognized for Excellence & Growth
Our commitment to quality, culture, and performance has earned recognition across healthcare and business communities.
Great Place to Work Certified
Two consecutive years
Inc. 5000 Honoree
America's fastest-growing private companies
GrowFL Florida Companies to Watch
High-performing Florida businesses
India 5000 Best MSME Award
Excellence in the MSME sector
ACG Orlando SMART Award Finalist
Association for Corporate Growth
How Engagement Begins
Start with a focused foundation.
Strategy Alignment Call
Understand portfolio strategy, current RCM challenges, and investment thesis. Align on engagement model, scope, and priorities.
Targeted Diagnostics & Diligence
Assess current revenue cycle performance across assets. Identify gaps, quantify opportunity, and prioritize by financial impact.
Clear Recommendation and Plan
Deliver a clear engagement recommendation with defined scope, accountabilities, timelines, and expected financial outcomes.
Bring Clarity and Discipline to Revenue Cycle Performance Across Your Portfolio.
Whether you're evaluating an acquisition, managing platform performance, or preparing for exit, Billed Right brings the operational depth, reporting infrastructure, and execution accountability your portfolio needs.