Americollect, Inc.
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Americollect, Inc. - overview
Established
1964
Location
Manitowoc, WI, US
Primary Industry
Financial Services
About
Americollect, Inc. , based in the U. S. , specializes in medical debt collection services with a focus on building trust between patients and healthcare providers through effective communication and innovative strategies.
Americollect, Inc. offers comprehensive medical debt recovery solutions and was founded in 1964 in Manitowoc, Wisconsin, US. The company has engaged in one deal, with its most recent deal occurring on June 23, 2025, when it was acquired by GetixHealth, LLC, a portfolio company of H. I.
G. Capital. Financial terms of this acquisition were not disclosed. Americollect specializes in early out and bad debt collection services, utilizing a unique "Ridiculously Nice" approach aimed at fostering trust and respect between healthcare providers and patients.
Their core offerings focus on enhancing medical collections through early intervention strategies and comprehensive debt recovery solutions. The company caters to a diverse clientele that includes hospitals, clinics, and other healthcare facilities primarily in the United States. Americollect's services address the complexities of medical debt collection, influenced by third-party payers, HIPAA regulations, and Not-for-Profit guidelines, while emphasizing patient dignity and cooperation for better collection outcomes. Americollect generates revenue through its collection services, structured around partnerships with healthcare providers.
The company operates on a fee-for-service model, where clients engage Americollect to manage their outstanding accounts. Fees are typically based on the volume of debt collected or a percentage of the recovery amount, which aligns its compensation with the success of its collection efforts. This model promotes effective communication with patients, contributing to higher recovery rates. The recent acquisition by GetixHealth, LLC is expected to advance its long-term growth and operational strength.
While specific upcoming product launches or geographic expansions were not detailed, the integration into GetixHealth's portfolio suggests potential for enhanced service offerings to new markets. Moving forward, Americollect will likely focus on leveraging this acquisition to strengthen its operational capabilities and expand its market reach.
Current Investors
GetixHealth, LLC
Primary Industry
Financial Services
Sub Industries
Credit Collections & Services
Website
www.americollect.com
Verticals
HealthTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Americollect, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Americollect, Inc. | - |
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