Osceola Capital acquires Healthcents

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Thursday, January 9, 2020

TAMPA, Fla. – Osceola Capital, a private equity firm focused on services businesses, has acquired Healthcents, Inc., a provider of medical reimbursement and related services. Founded in 1994, Austin, Texas-based Healthcents consults small and medium healthcare providers across the United States on payer portfolio and growth strategies by strengthening or entirely outsourcing traditional managed care departments. “Healthcents has successfully positioned itself as a leader in the highly complex payer contracting space over the course of its 25-year existence,” said Ben Moe, managing partner at Osceola Capital. “We are extremely pleased with this opportunity to enter the healthcare space and look forward to working with the leadership team to expand the customer base and continue building upon the company’s strong foundation.” Armando Cardoso will serve as CEO. He most recently led a national team at Ascension, on of the largest health systems in the country.