Carlyle bags major stake in Visionary RCM

Carlyle Growth Investments IV, an affiliate of Carlyle Asia Growth Partners V has acquired a significant majority stake in VRCM, the largest offshore risk adjustment and medical coding solution provider in India, a statement said. Carlyle claims it has already invested more than $ 1.5 bn of equity in over 30 transactions in India as on September 30. It has recently made investments in SBI Card and Delhivery. 

Founded in 2006, VRCM have five offshore delivery centres and more than 2,500 employees, offering services to multiple healthcare clients in the country. It offers medical coding services for risk adjustment, audit of medical records, diagnostic and procedural coding services to hospitals and physicians for filing claims with health plans, and support for revenue cycle management (RCM).