Kaulkin Ginsberg Announces The Acquisition of Arc Group Associates by Receivables Outsourcing, Inc
Transaction illustrates continued M&A activity within the healthcare sector of the accounts receivable management (ARM) industry
July 8, 2010: Rockville, MD – Kaulkin Ginsberg Company announced today that Receivables Outsourcing, Inc. (ROI), an ARM company based in Timonium, Maryland, has acquired Arc Group Associates, a healthcare revenue cycle management company based in Hatboro, Pennsylvania. The acquisition will enable ROI to expand its suite of ARM services to hospitals throughout the U.S. Terms of the transaction were not disclosed. Kaulkin Ginsberg initiated the transaction and served as advisor to ROI.
“Arc Group Associates is an excellent strategic fit for ROI,” said Michael Lamm of Kaulkin Ginsberg, lead advisor on the transaction. “ROI already offers a full suite of services to healthcare providers, and with the addition of Arc Group Associates, they can enhance their services for managing denials, underpayments and day one low dollar accounts. ”
Chris Wunder, President of ROI, added, “The acquisition of Arc Group Associates provides our company with an expanded customer base in several regions where we do not currently operate. The deal also creates significant cross sell opportunities for ROI services that Arc Group Associates does not offer to its existing clients, along with a work force that has impressed our operations people since early in the negotiations. These two companies are a perfect fit.”
Lamm noted that M&A interest in the healthcare sector of the ARM industry has been particularly strong so far this year, representing 35% of all transactions in the industry to date.
Michael Lamm, Associate
Kaulkin Ginsberg Company
Direct: (240) 499-3808
Cell: (202) 904-7192
About Receivables Outsourcing, Inc. (ROI)
ROI is a full service healthcare revenue cycle management firm, working with over 140 hospitals throughout the country. The company works with its clients to increase productivity, profitability and cash flow by executing technology-based solutions, reducing administrative costs in a declining reimbursement environment, improving clients’ utilization of internal FTE resources and patient relationships, and providing detailed decision support management reporting from ROI’s proprietary patient accounting system. For more information, visithttp://www.therois.com.
About Kaulkin Ginsberg
As the leading strategic advisor for the accounts receivable management industry (ARM), Kaulkin Ginsberg has completed over 130 M&A transactions valued at over $3 billion. Services focus on analysis, growth, and exit strategies for ARM companies. Kaulkin Ginsberg’s media division is the worldwide leader in providing timely news and insight on the recovery of debt in all industries. Read more about Kaulkin Ginsberg atwww.kaulkin.com.
The American Health Care Act: Potential Effects on ARM
March 20, 2017
Seven years after former President Barack Obama signed his signature bill, The Patient Protection and Affordable Care Act (ACA), there may actually be a repeal and replacement bill, hopefully fixing some of the problems incurred through the ACA. However, It's not clear whether this new bill will correct all of the problems associated with the ACA without creating a few new problems of its own. ....» see this post » all posts
Semiannual Employment Outlook for Q4 2016: Continued Optimism
March 17, 2017
Kaulkin Ginsberg's market intelligence team is optimistic about the current U.S. employment environment, specifically as it relates to the ARM industry. Overall, we believe the data suggests a significant increases in consumer spending will take place that will eventually drive debt accumulation throughout the economy, and thereby increasing revenue potential for the ARM industry.....» see this post » all posts
Will a Reduction in the Fed's Mortgage-Bond Holdings Impact Enterprise Business Valuations?
March 8, 2017
Since the Great Recession, key interest rates have been artificially low due to the Fed's QE plan, but as the Fed begins to sell MBS on the open market and decreases the size of its balance sheet, interest rates are expected to increase above and beyond changes in the federal funds rate. Without a doubt, this will have a significant impact on the U.S. economy, the ARM industry, and enterprise business valuations in 2017 and beyond.....» see this post » all posts
ACA of Texas Publishes "Three Critical Healthcare Industry Trends for Outsourced Business Services" in its Winter 2017 Magazine
March 16, 2017
The ACA of Texas Publishes "Three Critical Healthcare Industry Trends for Outsourced Business Services" by Kaulkin Ginsberg in its Winter 2017 Magazine. Kaulkin Ginsberg details its belief that the growth in patient lending and financing programs, clinical integration networks, and physician quality reporting systems for the Centers for Medicare and Medicaid Services (CMS) could have profound effects on companies focused on servicing healthcare providers in 2017 and beyond.....
ACA of Texas Publishes "M&A Trends in the U.S. ARM Industry" in its Winter 2017 Magazine
March 15, 2017
The ACA of Texas Publishe "M&A Trends in the U.S. ARM Industry" an article by Kaulkin Ginsberg in its Winter 2017 Magazine. This article examines the key trends and developments driving M&A activity in the U.S. ARM industry by market segment.....
Mike Ginsberg Leading Panel Discussion at DBA International 20th Anniversary Conference
February 1, 2017
Mike Ginsberg, President and CEO of Kaulkin Ginsberg, will be speaking in a panel discussion on Trends in Debt Buying on Wednesday, February 8th at the DBA International 20th Anniversary Conference in Las Vegas, Nevada....