Denials Management Firm, ARMC Financial Services, Acquired by Revco Solutions

ROCKVILLE, Md -- Greenberg Advisors (“GA”) is pleased to announce the acquisition of ARMC Financial Services (“ARMC”) by Revco Solutions (“Revco”), which is a portfolio company of Longshore Capital Partners (“Longshore”). GA initiated the transaction for Revco and Longshore.

Based in Oradell, New Jersey, ARMC is a healthcare revenue cycle management company that specializes in denials management.

Brian Greenberg, CEO of GA, commented, “The denials management sector is a hotbed of M&A activity, as specialists can significantly ease the cash flow issues faced by providers. In fact, this is one of a few transactions that we’ve completed in the denials space since last summer. In the case of ARMC, the owners built a solid business with marquee clients and great brand recognition.”