Key Highlights
- Med-Metrix acquires Healthcare Receivable Specialists, Inc. (HRSI).
- HRSI enhances Med-Metrix’s end-to-end RCM offerings.
- Focus on Medicaid Eligibility services.
- HRSI’s 25 years of expertise in the Mid-Atlantic region.
Source: PR Newswire
Notable Quotes
- “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.” — Joseph Davi, Founder and CEO at Med-Metrix
- “Reflecting on HRSI’s growth over the past few decades, we are immensely proud of the outcomes our team has delivered for our customers. We look forward to building on this momentum in partnership with Med-Metrix, particularly in the Medicaid Eligibility market.” — Linda Wallace, CEO and President, and Chad Wallace, Executive Vice President at HRSI
- “The acquisition of HRSI underscores and further accelerates Med-Metrix’s end-to-end focused RCM growth strategy. AMCP looks forward to supporting Med-Metrix’s high growth trajectory, including additional strategic M&A opportunities.” — Rob Haisch, Partner at AMCP
SoHC's Take
The acquisition of HRSI by Med-Metrix represents a strategic move to strengthen their position in the Revenue Cycle Management (RCM) market. By integrating HRSI’s specialized Medicaid Eligibility services, Med-Metrix enhances its comprehensive RCM solutions, making it a formidable player in the healthcare sector. This acquisition not only brings together two companies with closely aligned corporate cultures but also opens up significant growth opportunities, especially with the backing of A&M Capital Partners. Med-Metrix’s continued focus on expanding its end-to-end RCM capabilities will likely drive substantial value for its clients and stakeholders.
