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.
Possible H-1B Visa Reform on the Horizon will Impact the ARM Industry
February 24, 2017
Human capital is a crucial aspect of efficient and innovative business processes, as well as a country's long-term growth potential. As such, the implications associated with changing the existing H-1B visa program structure will have far reaching consequences on all industries, including the outsourced business services. ....» see this post » all posts
Establishing Value Before Going to Market
February 1, 2017
Kaulkin Ginsberg recommends business owners establish a realistic value for their business before going to market. This ensures we are on the same page with our clients, and avoids causing undo stress to the management team by starting and stopping a sale process....» see this post » all posts
Check Payments: A Dying but Meaningful Market
January 19, 2017
Before the 21st century, collecting bad checks was one of the largest sources of new business for debt collection agencies. Innovations in fintech are continually changing consumers' transaction modes through the use of advanced technologies like mobile payment systems, and checks are becoming increasing rarer as a means of noncash payments. We examine trends within checking and discuss how changes in this market will affect the ARM industry. ....» see this post » all posts
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....
Spring 2017 Research Fellowship Program Analyzes International Outsourced Business Services
February 1, 2017
Kaulkin Ginsberg, the leading consultancy and M&A advisory firm for the outsourced business services (OBS) industry, began the eighth semester of its Research Fellows Program on January 30th in conjunction with the University of Maryland, College Park's Department of Economics. Fellows will be analyzing and developing market research reports on the German, U.K., Australian, and Canadian OBS industries, with a particular focus on collection agencies and call centers.....
Kaulkin Ginsberg Releases the Healthcare RCM Overview
November 1, 2016
This report provides analyses of the current and anticipated challenges facing the healthcare market, trends facilitating growth, and an outlook for the future.....