Prochant, Longshore Capital Partners Announce Partnership
CHARLOTTE, North Carolina—Prochant, a technology-enabled revenue cycle management service for home-based care providers, has partnered with Longshore Capital Partners to support the company’s next phase of growth.
Longshore said it is partnering with Prochant’s management team to help the company continue investing in its people, technology, operational scale and service capabilities. The company added the partnership is designed to support stronger client outcomes while preserving the leadership, culture and client focus that have defined Prochant’s success.
“This partnership represents an important milestone for Prochant and a strong validation of the company our team has built,” said Joey Graham, CEO of Prochant. “Longshore shares our conviction in the opportunity to combine deep revenue cycle expertise, purpose-built technology and exceptional client service to help home-based care providers improve financial and operational performance. With Longshore’s support, we will accelerate investment in the business while remaining focused on the clients and markets we know best.”
Prochant said it will continue to focus on the home-based care market, including home medical equipment, durable medical equipment, infusion and specialty pharmacy providers. The company combines specialized revenue cycle expertise with technology enabled workflows, analytics and services to help clients navigate complex reimbursement processes.
“We are impressed by the strength of the management team, the quality of the client relationships and the company’s track record of execution,” said Alex Muecki, principal at Longshore. “We look forward to supporting Prochant as it continues to scale and build on its leadership position in home-based care revenue cycle management.”
Prochant’s existing management team will continue to lead the company with Longshore providing additional resources, experience and support.
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