Monday, December 23, 2024

CMS SPARC Prime and Health IT Provider, CNSI Brings on Private Equity Firm to Accelerate Growth

“CNSI, a leading business solutions provider with vast experience developing and delivering innovative healthcare management technology, announced today that it has sold a majority interest to Alvarez & Marsal Capital (“A&M Capital”), a middle-market private equity firm that has a strategic association with Alvarez & Marsal (“A&M”)”.

“Founded by four partners in 1994, CNSI has established strong domain expertise in the federal and state health IT industries. CNSI develops, implements, operates, and maintains solutions that provide claims processing, provider enrollment, data visualization, predictive analytics and other tools to state and federal customers. In January of 2018, CNSI launched the nation’s first cloud-based modular Medicaid Management System in the State of Michigan the company looks to extend these modernization efforts across the State and Federal marketplace…” Read the full press release here.

Source: A&M Capital Acquires Majority Interest in CNSI – April 8, 2018, CNSI.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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