Fellow Health Partners Inc, a New York-based medical business solutions company, announces its acquisition of Physicians Management Inc, a medical billing company based in Rochelle Park, New Jersey.
CEO Michael N. Brown says, regarding the acquisition, “Physicians Management has been in business over 40 years, doing an outstanding job of serving specialists in orthopedics, cardiology, urology, bariatric surgery, plastic surgery, and OB/GYN, among others.This partnership allows us to take PMI to the next level by working closely with their staff, applying our SAVi technology and Knowledge College curriculum to help them serve our clients even better, while increasing profitability.
Chris Baltas, chief technology officer at Fellow Health Partners, adds, “We will be using our proprietary SAVi technology as part of the evolution of PMI. SAVi is a medical software solution designed to streamline and simplify the increasingly antiquated world of medical billing and collections. This streamlined process allows Fellow Health Partners to ensure that busy physicians, practice managers, and hospital administrators get paid appropriately and faster as the world of medical billing and insurance becomes even more complex.”
Peter McGregor, president and CEO of PMI endorses the evolution, saying, “It was very important to me to find a company that shared our values of commitment, hard work, and loyalty to our clients while holding the same values for their people. Fellow Health Partners has demonstrated this commitment with their focus on superior customer service and their commitment to ongoing training in ‘people skills’ as well as the application of value-adding technologies.”
Fellow Health Partners expects to continue its growth by combining the acquisition of medical billing companies with its technical and customer services for hospitals, medical practices, and ambulatory surgery centers.
[Source: Fellow Health Partners Inc]