What You Should Know:
– Med-Metrix, LLC (“Med-Metrix”), a leading provider of technology-enabled Revenue Cycle Management (RCM) solutions acquires Healthcare Receivable Specialists, Inc. (“HRSI”). HRSI is a specialized RCM and patient access company with a strong reputation for its best-in-class Medicaid eligibility services.
– The strategic acquisition strengthens Med-Metrix’s position as a comprehensive RCM provider by adding HRSI’s expertise in eligibility management. Financial terms of the transaction were not disclosed.
Enhancing Revenue Cycle Management with Expertise in Eligibility
HRSI brings a wealth of experience to the table, having served healthcare systems in the Mid-Atlantic region for over 25 years. Their commitment to patient advocacy aligns with Med-Metrix’s focus on leveraging technology to maximize reimbursements for healthcare providers.
The acquisition strengthens Med-Metrix’s RCM portfolio by adding expertise in:
- Medicaid Eligibility: HRSI excels in navigating the complexities of Medicaid eligibility, ensuring patients have access to vital healthcare services.
- Federal and State Programs: Their services cover a broad range of programs such as Social Security & Disability (SSI/SSDI) and Children’s Health Insurance Program (CHIP).
A Commitment to Patient Advocacy and Continued Service
HRSI’s dedication to patient advocacy resonates with Med-Metrix’s mission. The combined entity will continue providing exceptional service to HRSI’s existing clientele, a diverse group of healthcare providers across the United States.
“HRSI has earned an outstanding reputation as a leading Eligibility Management platform, leveraging decades of domain expertise. We are excited to partner with Chad Wallace and his leadership team to bring their capabilities to the healthcare market throughout the U.S. This transaction unites two closely aligned corporate cultures, united in our mission to deliver exceptional performance for our clients,” said Joseph Davi, Founder and CEO of Med-Metrix.
