Gulf Capital acquires controlling stake in ACCUMED

Dubai:

Gulf Capital on Monday said it has acquired a controlling stake in ACCUMED, the revenue cycle management solutions provider to healthcare sector, marking the company’s fourth technology-related investment to date.

No financial details of the deal were disclosed, Gulf Capital said in an emailed statement.

The company, which managed more than 9 million medical claims worth over Dh4.1 billion till date, will continue to deliver its services under the current leadership post acquisition, the statement added.