Financial Solutions Company, Prosperity Behavioral Health, Acquires Elevated Billing, Revenue Cycle Management For Behavioral Health Facilities

Prosperity Behavioral Health (Prosperity), a leading national provider of financial solutions for behavioral health facilities, has acquired Elevated Billing, a Utah-based revenue-cycle management company that serves behavioral health facilities. The acquisition will create new market opportunities and expand Prosperity’s service offerings.

Prosperity Behavioral Health recently entered a new phase of growth. In 2022, NewSpring Capital invested in Prosperity to help the company expand services and achieve sustainable, long-term growth. In 2019, Prosperity acquired California-based Vertex Healthcare Services, doubling the company’s size and increasing Prosperity’s service offerings for clients.

Prosperity Behavioral Health is a . . .