Luthra and Luthra advises National Medical Billing on acquisition of MedTek, LLC and Avontix
Luthra and Luthra Law Offices India represented National Medical Billing Services (“National Medical”), an industry leading healthcare revenue cycle management (“RCM”) company serving the surgical market, in its acquisition of MedTek, LLC (“MedTek”)and its Indian wholly-owned subsidiary Avontix Global Private Limited (“Avontix”), which are leading providers of RCM solutions to ambulatory surgery centers (“ASCs”), hospitals, clinics, and specialty groups nationwide.
As the largest and most experienced provider of outsourced RCM services focused on the surgical market, National Medical serves hundreds of ASCs, surgical practices, and anaesthesia groups. More specifically, this acquisition will further strengthen National Medical’s position as the complete end-to-end provider of outsourced revenue cycle solutions serving ASCs, surgical practices, and anaesthesia groups.
The Luthra and Luthra transaction team was led by Nishant Singh (Partner) and assisted by Nikhil Bhat (Senior Associate), Manushi Shah (Associate), Aditi Nagpal (Associate), Maitri Meghani (Associate), Aayush Sinha (Associate), Divyanshu Bansal (Associate) and Meghna Singh (Associate).
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