Performant Capital has announced the acquisition of DeLong Business Solutions and its associated administrative benefits (collectively DBS) and On Demand Solutions (ODS).
DBS, headquartered in Savannah, Ga., provides IT solutions for physician practices. Established in 1983, the company also provides revenue cycle management services.
ODS, headquartered in Boise, Idaho, provides business solutions for independent medical practices. Founded in 2007, the company provides practice management software, revenue cycle management, staffing support and business advisory services.
Performante, based in Chicago, is a lower middle market private equity firm focused on investing in technology-driven companies. The firm is merging DBS and ODS under a single platform named Provider Technology. Businesses will continue to operate independently under their respective brands.
Terms of the acquisition were not disclosed.