Acquiring Company
Med-Metrix
Acquired Company
Hospital Billing & Collection Service Ltd (HBCS)
ParsippanyNew CastleInformation TechnologyProfessional ServicesHealth CareHealth CareDescription
Med-Metrix, LLC, a leading provider of technology-enabled Revenue Cycle Management (RCM) solutions, has acquired Hospital Billing & Collection Service, Ltd (HBCS). This acquisition further strengthens Med-Metrix's end-to-end RCM capabilities by integrating HBCS' best-in-class patient financial engagement solutions and insurance reimbursement capabilities. The combination of Med-Metrix and HBCS is expected to create a more differentiated technology-enabled RCM platform, delivering exceptional performance for healthcare providers.
Quick answer
Med-Metrix is acquiring Hospital Billing & Collection Service Ltd (HBCS), announced June 10, 2024. Med-Metrix is based in Parsippany, New Jersey, United States.
- How much did Med-Metrix pay for Hospital Billing & Collection Service Ltd (HBCS)?
- The deal value was not disclosed.
- What does Med-Metrix do?
- Med-Metrix is a leading technology-enabled services platform providing RCM and Business Intelligence solutions for health systems and physician groups across the United States.
- Where are Med-Metrix and Hospital Billing & Collection Service Ltd (HBCS) based?
- Med-Metrix is based in Parsippany, New Jersey, United States. Hospital Billing & Collection Service Ltd (HBCS) is based in New Castle, Delaware, United States.
- Who are the decision-makers at Med-Metrix?
- Fundz holds 1 contact at Med-Metrix. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Med-Metrix, and when
When Med-Metrix changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Med-Metrix raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Med-Metrix, from your own LinkedIn network
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Frequently asked
Who acquired Hospital Billing & Collection Service Ltd (HBCS)?
Hospital Billing & Collection Service Ltd (HBCS) was acquired by Med-Metrix, based in Parsippany. The deal was reported on June 10, 2024. Med-Metrix is a leading technology-enabled services platform providing RCM and Business Intelligence solutions for health systems and physician groups across the United States. Med-Metrix is privately held and operates in Information Technology.
When did Med-Metrix acquire Hospital Billing & Collection Service Ltd (HBCS)?
Med-Metrix's acquisition of Hospital Billing & Collection Service Ltd (HBCS) was reported on June 10, 2024. Med-Metrix, LLC, a leading provider of technology-enabled Revenue Cycle Management (RCM) solutions, has acquired Hospital Billing & Collection Service, Ltd (HBCS). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hospital Billing & Collection Service Ltd (HBCS) do?
HBCS is a healthcare services organization committed to helping its customers achieve sustainable revenue cycle improvements by streamlining processes, leveraging technology, and employing creative problem-solving. It is privately held, operating in Health Care, and is based in New Castle.
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