Thoreau Leads Strategic Investment in Ensemble Health Partners, with Berkshire Partners and Warburg Pincus LLC Continuing as Backers

– Ensemble, a leading end-to-end revenue cycle managed services provider for healthcare organizations, announced a strategic growth investment by Matt Holt’s Thoreau

– Existing investors Berkshire Partners, Warburg Pincus, and Bon Secours Mercy Health will remain shareholders alongside Thoreau

– Ensemble supports 200+ hospitals across the U.S., managing full revenue cycle operations including patient access, coding, claims management, denial prevention, A/R follow-up, and patient financial experience

– The company combines certified revenue cycle operators, data-driven intelligence, and AI to help health systems improve financial and operational performance while focusing on patient care

– Proceeds from the investment will be used to accelerate growth, expand technology capabilities, and invest in talent, reinforcing Ensemble’s position as a leading innovator in revenue cycle management

Judson Ivy, Founder and Chief Executive Officer of Ensemble, said the partnership brings additional capital and healthcare expertise to advance innovation and reduce friction across the healthcare system

Samuel Spirn, Managing Director at Berkshire Partners, said Ensemble’s customer focus, operational excellence, and adoption of AI and digital transformation have driven its success and positioned it for continued leadership

– Thomas Carella, Managing Director and Global Head of Healthcare at Warburg Pincus, said Ensemble’s innovation and patient experience focus have supported strong growth and customer satisfaction throughout the partnership

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