US and Chennai-based Access Healthcare has secured an undisclosed investment from PE firm New Mountain Capital.

According to a statement, this investment will support Access Healthcare’s next phase of growth, which will focus on advancing its capabilities in artificial intelligence, workflow automation, product development, and expanding into new markets.

Access Healthcare is a healthcare Revenue Cycle Management (RCM) player that partners some of the largest US-based healthcare organizations. Access’ RCM platform processes more than 400 million transactions annually and combines data, proprietary workflow automation, and healthcare domain expertise.

Access was launched by serial entrepreneurs Anurag Jain and Vardhman Jain founded Vision Healthsource in 1997, a leading provider of billing and claims solutions for healthcare organizations. Vision Healthsource was later acquired by Perot Systems and subsequently by Dell Services in 2009.

Globally, Access Healthcare is a team of over 27,000 people across the US, India and Philippines. In India, its centres are in Chennai, Coimbatore, Pune, Mumbai and other cities.