AGS Health

Washington, DC, United States Healthcare IT Acquired

AGS Health is a technology-enabled revenue cycle management (RCM) company providing end-to-end billing, coding, denial management, and claims processing solutions to US healthcare providers. Operating from Washington, DC headquarters with global delivery centers in India, Philippines, and Mexico, AGS serves over 150 hospital and health system clients including approximately 50% of the top 20 US hospitals and 40% of the top 10 health systems. The company uses AI-enhanced technology and data-driven services to maximize healthcare revenue cycle performance.

Acquired

AGS Health has been acquired

Acquired by Blackstone May 20, 2025 $1.2B

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2011

Employees

13,000–15,000

Total Funding

$2.92B

3 rounds

Latest Valuation

$0.32B

April 1, 2026

Funding

Total raised $2.92B across 3 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

PE buyout (control change)

Date

September 1, 2019

Amount

$320M

Valuation

$0.32B

Lead Investors

Baring Private Equity Asia
DateRoundAmount RaisedValuationLead Investors
April 1, 2026 PE buyout (pending exit) $1.2B $1.2B Blackstone
October 17, 2022 Sponsor-to-sponsor (parent-level) Not disclosed EQT
September 1, 2019 PE buyout (control change) $320M $0.32B Baring Private Equity Asia

Leadership

  • Patrice Wolfe

    Chief Executive Officer

    LinkedIn
  • Ashish Aggarwal

    Chief Delivery Officer

  • Thomas Thatapudi

    Chief Information Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Optum

    Healthcare services conglomerate providing RCM and medical billing services as part of broader healthcare portfolio

  • CVS Health

    Pharmacy and healthcare services provider with RCM and billing operations

  • R1 RCM

    Publicly traded RCM services company specializing in healthcare revenue cycle

  • Conifer Health Solutions

    Healthcare services company providing medical billing and RCM solutions

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Data collected with AI, which can make mistakes. Please double-check this information.