MUMBAI, May 4 -- Global investment firm Carlyle has acquired a majority stake in Knack RCM and EqualizeRCM, two US-based healthcare revenue cycle management (RCM) providers, the companies said in a statement on Monday, as it looks to build an artificial intelligence (AI)-led platform in the US healthcare RCM market.

The transaction combines two complementary RCM operators to create what the companies described as an AI-native, multi-specialty platform serving physician groups, rural hospitals and durable medical equipment (DME) providers.

Financial terms of the transaction were not disclosed.

"The US healthcare revenue cycle market is growing rapidly, driven by margin compression, workforce shortages, and the shift to value-based care,...