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MediGain Receives $8.5M to Expand Billing Services to ASCs

Plano, Texas-based MediGain, a revenue cycle management company, has raised $8.5 million in funding to expand its medical billing and reimbursement services to include ambulatory surgery centers.

MediGain has quadrupled in size and revenue since it was acquired in March 2011, according to the release. The majority of the funding came from F&M Bank in Dallas and other current investors.

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