Intermedix Corp., provider of billing services to emergency medical service providers in Texas, has acquired the assets of Texas ER Medical Billing Inc., a provider of revenue cycle management services for hospital-based emergency physicians. 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 Texas ER Medical Billing, Inc. (“TERM”) of Mansfield, Texas.
TERM is a leading provider of revenue cycle management services for hospital based emergency physicians. For more than 17 years, TERM has specialized in coding, billing and reimbursement services and is particularly focused on optimizing the reimbursement process. Jackie Willett, founder of TERM, will continue to lead the Mansfield office of Intermedix as a Senior Vice President of Operations in the Emergency Department (ED) division.
Ken Goodin, President of the Intermedix ED division, commented, “The acquisition of TERM represents a strategic expansion of our hospital based emergency medicine services. This acquisition will strengthen our national market leadership and further expand our geographic footprint in the important state of Texas. TERM and Intermedix are both known for delivering superior results and highly personalized customer service. We plan to integrate our respective best practices, technologies and services to further enhance the overall customer experience. We are very pleased to welcome the clients and the people of TERM to Intermedix. I am particularly pleased that Jackie has agreed to join the Intermedix management team. Jackie’s leadership, both in our Company as well as in our industry, will be enormously valuable to Intermedix and our clients.”
Jackie Willett, Senior Vice President of Operations of the Intermedix ED division, stated, “The decision to join Intermedix was based on our shared core values of compliance, teamwork, integrity and a commitment to client satisfaction. Our client partnerships are our top priority, and with Intermedix, we are now able to provide additional resources which will further enable their success. We are thrilled to join the Intermedix team.”
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.