American Academy Holdings LLC

American Academy Holdings LLC in its acquisition of Semantic Health


American Academy Holdings LLC




Emerging and High Growth Companies

Date Closed

November 2023



Lead Office



In November 2023, American Academy Holdings LLC (AAPC) has announced that it acquired Semantic Health Inc. (Semantic).

Founded in 1988, AAPC is a leading global solutions provider in healthcare revenue cycle management (RCM) and the largest education and credentialing organization for RCM in the United States. Sitting at the crossroads of healthcare payment and delivery, the organization supports more than 250,000 Revenue Cycle Management (RCM) professionals globally to ensure documentation accuracy, boost efficiency, and optimize their revenue cycle.

Semantic Health’s AI products combined with AAPC’s domain expertise across various healthcare roles, product and service categories creates a perfect roadmap for our team to transform revenue cycle across hospitals.

Osler, Hoskin & Harcourt LLP advised American Academy Holdings LLC with a team consisting of Justin Dharamdial (Emerging and High Growth Companies), Rob Valentini (Corporate), Dov Begun (Tax), Kelly O’Ferrall and Irmak Aydemir (Employment and Labour) and Melissa Indome (Articling Student).