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National Medical Billing Services Announces Acquisition Of Medi-Corp, Inc.

May 17, 2022over 3 years ago

Acquiring Company

National Medical Billing Services

Acquired Company

Medi-Corp

Health CareSoftware

Description

National Medical Billing Services ("National Medical"), an industry leading healthcare revenue cycle management ("RCM") company serving the surgical market, has acquired Medi-Corp, Inc. ("Medi-Corp" or the "Company"), a nationwide RCM services provider specializing in anesthesia, ASCs, and pain management. This partnership will further broaden National Medical's surgical expertise by providing complementary resources to better serve its core ASC and surgical practice clients. It also marks National Medical's third transaction since its January 2021 partnership with Aquiline Capital Partners, a private investment firm based in New York and London with $8.7 billion in assets under management.

Company Information

Company

National Medical Billing Services

About

National Medical Billing Services is a national healthcare revenue cycle management company with a sophisticated, boutique-like approach to operational delivery and client services. The company focuses solely on servicing ambulatory surgery centers and their affiliated surgeons. National Medical's team of professionals consults with ASCs and their surgeons to aid them in maximizing revenue while adapting to and overcoming industry challenges and changes. National Medical also provides its clients with industry insights, education, and analytics to enable them in rendering the best business decisions possible. For more information about National Medical Billing Services, please visit www.nationalascbilling.com.

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