Overview
TA Associates (“TA”), a leading global private equity firm, has completed a strategic growth investment in Vee Healthtek, a leading global technology-enabled Healthcare Revenue Cycle Management (RCM) services provider.
Avendus Capital acted as the exclusive financial advisor to Vee Healthtek and its shareholders on the transaction.
TA’s investment will further enhance Vee Healthtek’s ability to deliver innovation, efficiency and exceptional value to leading healthcare organizations across the United States.
About Vee Healthtek
Vee Healthtek, founded by Chocko Valliappa in 2000, provides RCM and coding services to healthcare providers and payers in the US, including some of the largest healthcare systems and hospitals, solving their most critical challenges across the RCM value chain. With a full-fledged sales team in the US, the company currently has 5,000+ employees across delivery centres in Bangalore, Chennai, Trichy, Salem, Pune, Mohali and the Philippines. Vee’s comprehensive suite of offerings include revenue cycle management, business intelligence and analytics, medical billing and coding, software technology solutions, claims adjudication and more.
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