National Medical Billing Acquires Medi-Corp Inc.
National Medical Billing Services of Chesterfield, Missouri, has acquired Medi-Corp Inc. of Cranford, New Jersey, according to a release. This partnership will further broaden National Medical’s surgical expertise by providing complementary resources to better serve its core ASC and surgical practice clients. It also marks National Medical’s third transaction since its January 2021 partnership with Aquiline Capital Partners, a private investment firm based in New York and London with $8.7 billion in assets under management.
"As we constantly evaluate ways to better serve our clients, we are thrilled to partner with the Medi-Corp team," said Nader Samii, National Medical’s chief executive officer (CEO), in the release. "Medi-Corp brings decades of anesthesia RCM expertise, which is a natural extension to our core ASC and surgical practice focus areas. Anesthesia is a critical component to the success of any surgical organization, and our partnership with Medi-Corp will help further strengthen our mission of being an invaluable, strategic advisor to our clients and help maximize their revenue and profitability."
Founded in 1998, Medi-Corp provides nationwide RCM services focused on anesthesia, ASCs and pain management. The company’s management team is experienced in anesthesia and related billing specialties allowing Medi-Corp to provide valuable industry insights, according to the release.
"Medi-Corp has a longstanding reputation for its focus on client service and industry specialization, and we’re ecstatic to partner with National Medical, the premier brand in surgical RCM, who we know shares the same core values,” said David Kadish, president and CEO of Medi-Corp, in the release. “We look forward to combining our collective technologies, workflow processes and analytics to continue to advance our RCM solution."