A Medical Device Daily
Medical Consultants (Fort Lauderdale, Florida), a provider of emergency department billing services, and Advanced Data Processing (ADPI; Oklahoma City, Oklahoma), a provider of billing services to emergency medical service agencies, reported completing a merger transaction sponsored by Parthenon Capital.
The two firms said that the combination business combination creates a company focused on patient incidents from pre-hospital to the hospital emergency department and will serve more than 300 emergency care provider companies in 20 states and 400 hospital emergency department locations.
In addition, ADPI reported the acquisition of the assets of Intermedix (Houston, Texas), a provider of medical billing services and technology to EMS providers in Texas. The Intermedix billing system supports clinical data, document images, and on-line web-based client access. Its mobile, tablet-based, electronic patient care reporting solution, Triptix, is integrated with the billing software allowing customers a comprehensive view of financial and clinical patient data.
Medical Consultants operates under the trade name Emergency Physicians Billing Services (EPBS), saying it is the largest independent provider of medical billing and coding services to emergency departments in the U.S.
The EPBS billing solution enables its customers, primarily independent physician groups, larger physician staffing companies and hospitals, to outsource all back-office billing.
ADPI calls itself the largest independent provider of medical billing and coding services to emergency medical services agencies in the U.S. It also provides an outsourced billing solution, including mobile electronic patient record collection systems for its clients to capture patient information at the scene of the incident.
ADPI's senior management team, headed by CEO Doug Shamon and COO Bill DeZonia, will lead the combined company. EPBS will continue to be led by its current management team, headed by President Ken Goodin. Intermedix will continue to be led by its current management team, headed by President Jeremy Mattern, MD.