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Med-Metrix Announces The Acquisition Of Armco Partners, Enhancing The Company'S End-To-End Revenue Cycle Management Software And Service Capabilities

Apr 05, 2022over 3 years ago

Acquiring Company

Med-Metrix

Acquired Company

ARMCO Partners

ParsippanyHealth Care

Description

Med-Metrix, LLC ("Med-Metrix", or the "Company"), a leading provider of technology-enabled, Revenue Cycle Management ("RCM") solutions, backed by A&M Capital Partners ("AMCP"), announced it has acquired ARMCO Partners, LLC ("ARMCO"). ARMCO is a leading provider of high-quality coding and forensic medical billing services to healthcare providers across the spectrum of care. The addition of ARMCO further enhances Med-Metrix's end-to-end suite of RCM software and service capabilities. Financial terms of the transaction were not disclosed.

Company Information

Company

Med-Metrix

Location

Parsippany, New Jersey, United States

About

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 provides RCM and BI services via the Company's proprietary software platform, AnalytX. The Company serves its customers through its Med-Metrix LLC, Medi-Centrix LLC, Physician Advisor On-Call, LLC and Miller & Milone divisions.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed