Bengaluru, June 10 -- ECLAT Health Solutions, a healthcare revenue cycle management (RCM), risk adjustment and technology services company, on Wednesday announced the completion of a management buyout (MBO) from private equity firm Gulf Capital, returning full ownership of the company to its founders and management team.
The transaction concludes a five-year partnership during which ECLAT said it expanded its operations significantly, growing its workforce from 450 to more than 4,000 employees across the United States, India and the Philippines. The company also reported a tenfold increase in revenue and EBITDA during the period.
Founded by Karthik Polsani and Sneha Polsani, ECLAT has broadened its portfolio beyond traditional RCM service...