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OSG Billing Services to buy AppRev

OSG Billing Services, a provider of electronic billing, e-statements, outsourced billing, electronic bill payments and other services has acquired Applied Revenue Analytics, PE Hub reported. Financial terms of the transaction were not announced. Texas-based Applied Revenue Analytics is a provider of healthcare IT and business intelligence solutions for hospitals and health systems. Greenberg Advisors provided financial advice to AppRev on the transaction. OSG Billing Services is a portfolio company of Aquiline Capital.