Here are four things to know:
1. Collect Rx provides revenue cycle management services to more than 800 surgery centers, hospitals, physician-owned practices and other healthcare facilities. The company uses a business intelligence engine to analyze claims for increased reimbursements and has a focus on out-of-network expertise.
2. Collect Rx, founded in 2006, aims to broaden its customer base, enhance service lines and growth the team as a result of the acquisition.
3. Collect Rx’s exclusive strategic and financial advisor for the transaction was Berkery Noyes; Oxford Finance was the lender and lead arranger.
4. Financial terms of the arrangement were not disclosed.
More articles on surgery centers:
3 key considerations for enhancing ASC billing
SurgCenter Development performs 30k outpatient joint replacements—4 insights
The best advice for your ASC and practice
