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LTC Ally

Revenue cycle management and other outsourced financial services to skilled nursing facilities

Status

Active

Acquired

August 9, 2021

Industry

Healthcare

LTC Consulting Services d.b.a. LTC Ally is a leading provider of revenue cycle management (“RCM”), finance, and other office management services to hundreds of skilled nursing facilities (“SNFs”) nationwide. LTC Ally has built a strong reputation among SNF operators by providing high quality services, supported by the company’s proprietary systems, technologies, and processes. By actively tracking claims and patients’ insurance status, LTC proactively addresses SNF operators’ collection issues and maximizes cash flow. LTC Ally ‘s other services include cash management, financial reporting, Managed Care contracting advisory, and SNF M&A advisory, among others. LTC Ally is headquartered in Lakewood, NJ, with offices in Detroit, Miami, Philadelphia, Cleveland, Toronto, and Israel.

The company’s founders and key management continue to lead the business and retain a significant equity stake. The investment by Clearview provides additional capital to support the company’s growth initiatives.

The platform transaction closed on August 9, 2021. Clearview invested equity from Clearview Capital Fund IV, LP and its affiliates, alongside senior members of LTC Ally’s management team.

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