ACOM Health Acquires Medical Billing Company
July 06, 2011 (PRLEAP.COM) Health NewsJuly 6, 2011 - Long Beach, CA - ACOM Health, a division of ACOM Solutions, Inc. (ACOM) today announced the acquisition of Contract Medical Billing (CMB), a medical billing service provider. The service will be rebranded as ACOM Medical Billing; all officers and staff will be retained. Both organizations are privately held and financial terms were not disclosed.
"We have been searching for two years to find a medical billing service company that is well managed, with a solid reputation, and the capabilities required to provide the level of service our customers have become accustomed to," said Patrick McMahon, president and chief operating officer of ACOM. "Needless to say we found that fit with Contract Medical Billing."
Since its 2004 founding, ACOM Health's software products for electronic health records and medical billing have continued to break sales records with each successive quarter. "Market response to our software solutions has been very positive," Mr. McMahon said, "but we strongly believe that many practices are better served outsourcing their billing functions. Now, with the addition of CMB's capabilities, we can provide both software and outsourced billing services, enabling our customers to choose the solution that best fits their needs."
"Physicians are continuing to be pressed by increased regulation and lower operating profits", stated Ms. Jos'Anne Longshore, CEO of CMB. "Contract Medical Billing was established to help medical offices with the processing of their claims and collections of patient balances. Our 'bill smarter not work harder' value proposition has been well received by physicians in the region, and is ready for entry into the broader market. Having ACOM's additional resources and reach behind us will be a great asset, and enable us to bring our 'smarter billing' service to physicians nationwide."
About ACOM Health
ACOM Health serves medical professionals with software and services that enhance efficiency, cut costs, and increase practice revenue. ACOM Health's RAPID Software Suite consists of Clinical Documentation and Notes; and Practice Management for billing, scheduling, patient management and detailed reporting. For more information, call: 866-286-5315, ext. 216; e-mail firstname.lastname@example.org; or visit www.acomhealth.com.