Med-Metrix, based Parsippany NJ, provider of RCM and BI for health systems, announced acquisition of Orlando-based CanAide, Medicaid eligibility services. Backed by Harvest Partners and A&M Capital Partners, the deal adds patient‑access expertise to its portfolio. The integration should streamline data flows between billing and Medicaid agencies.

CanAide helps providers and patients navigate complex access and reimbursement. The acquisition expands Med-Metrix’s suite into Medicaid eligibility, strengthening its revenue‑cycle footprint. Merging the two platforms creates a unified solution for billing, eligibility checks and analytics, which could lower operational overhead for health systems and provide real‑time eligibility verification for clinicians. This unified platform also supports automated claim edits, reducing denial rates and accelerates claim submission cycles.

The deal signals private‑equity confidence in consolidating fragmented health‑tech services. Harvest Partners and A&M Capital Partners anticipate scale synergies, while HCAP Partners will exit its CanAide stake. Combined, the firm should capture greater market share as payer regulations tighten, delivering immediate cross‑sell opportunities across its analytics and eligibility tools and bolster its negotiating leverage with insurers.