Intermedix Corp., provider of billing services to emergency medical service providers in Texas, has acquired Alexander Billing and Consulting, a San Antonio-based provider of EMS billing services. No financial terms were disclosed. Intermedix is a portfolio company of Parthenon Capital.
Intermedix Corporation, the leading provider of technology-based business services to emergency providers, announced today it has acquired the assets of Alexander Billing and Consulting, Inc. (“Alexander”) of San Antonio, Texas.
Alexander has provided EMS billing for medical transportation companies for more than 10 years and currently serves clients in Texas, Louisiana, Wisconsin, and Nevada. Rachael Waldinger, the President of Alexander, will continue to lead the San Antonio office as a Regional Vice President of Intermedix EMS division.
Doug Shamon, CEO of Intermedix Corporation commented, “Air and non-emergency ground medical transportation accounts for 70% of Alexander’s business. These important segments of the pre-hospital EMS delivery system represent less than 10% of Intermedix EMS business. This combination greatly enhances our skill, experience, and knowledge in air medical and non-emergency ground transportation billing and will provide Alexander clients access to Intermedix superior technology. We plan to make further investments to tailor our technology to provide best-in-class support for air medical and non-emergency providers. We are pleased to welcome the people and clients of Alexander to Intermedix.”
About Intermedix Corporation
Intermedix (www.intermedix.com) helps fund and support our nation’s emergency safety net – emergency physicians, hospital emergency departments, and 911-emergency responders. We engineer advanced technologies into our business processes to meet incident documentation requirements, realize revenue potential, and provide advanced informatics to our customers. Our solutions are designed for performance and compliance, allowing our customers to focus on saving lives and promoting healthy recoveries from accidents and illnesses.
Intermedix serves the emergency physician and hospital emergency department market through its subsidiary EPBS-Intermedix, the emergency medical services (ambulance) market through its subsidiary ADPI-Intermedix, and the fire response market through its subsidiary Revenue Rescue-Intermedix. The Company also provides a state of the art, hosted electronic patient care reporting solution under the brand names TripTix®Mobile and TripTix® Web Intermedix has clients throughout the United States and has collected billions of dollars for its clients since its founding.
Falcon Capital Partners, LLC (Falcon) provided transaction advisory services to Intermedix in this transaction. Falcon is a middle market healthcare and technology focused investment bank based in Radnor, Pennsylvania.
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