National Medical Billing Services Announces Acquisition of mdStrategies
mdStrategies, a full-service medical coding company focused on ASCs, has been purchased by National Medical Billing Services (“National Medical”), an industry-leading healthcare revenue cycle management company serving the ambulatory surgery centre (“ASC”) sector. As a result, national Medical will offer coding-related point solutions to a more significant portion of the ASC market due to the merger, which will increase the depth and breadth of its ASC coding knowledge.
The acquisition is National Medical’s first since its January 2021 alliance with Aquiline Capital Partners, a private investment group with $7 billion in assets under management based in New York and London.
“We are ecstatic to welcome mdStrategies to the National Medical family, as the two companies are a perfect fit,” stated Nader Samii, CEO of National Medical.”We think that our infrastructure and ongoing technology advances, along with mdStrategies’ value-added service offering and strong ASC coding knowledge, will enable us to provide the ambulatory surgery centre market with exceptional revenue cycle and coding results.”
mdStrategies was created in 2003 and serves ambulatory surgery centres around the country with coding, auditing, transcription, education, and training services. mdStrategies is one of the largest ASC-focused medical coding companies, with a client list that spans over 40 states and includes some of the most well-known ASC organizations. The organization employs a skilled staff of trained coders with experience in orthopedics, spine, urology, pain management, OB/GYN, gastrointestinal, ophthalmology, general surgery, and various other surgical specialties.
Through web-based software and process-oriented employees, mdStrategies ensures accurate, timely deliverables while meeting regulatory and compliance standards.
mdStrategies delivers accurate, timely deliverables while meeting or exceeding all regulatory and compliance criteria through its web-based tools and process-oriented people.
“At mdStrategies, we’ve always prided ourselves on delivering significant value to our clients,” said Scott Megason, the company’s president. “National Medical’s mix of ASC expertise, analytics, and smart guidance will help us continue to raise our product, and I’m excited to engage with them as we move forward.”
National Medical Billing Services is a company that specializes in medical billing.
National Medical Billing Services is a national healthcare revenue cycle management firm with a refined, boutique-style approach to operational delivery and client services. The organization concentrates primarily on ambulatory surgery centres and the surgeons that work there.
The organization concentrates primarily on ambulatory surgery centres and the surgeons that work there. ASCs and their surgeons work with National Medical’s professionals to help them maximize revenue while adapting to and overcoming industry difficulties and changes.
National Medical also delivers industry insights, education, and analytics to its clients to help them make the best business decisions possible. Visit www.nationalascbilling.com for more information on National Medical Billing Services.
Aquiline Capital Partners LLC is a private equity firm based in New York City.
Aquiline Capital Partners, based in New York and London, was created in 2005 and invests in companies in the financial services and technology, business services, and healthcare sectors. As of September 30, 2021, the firm has $7 billion in assets under management.
Visit www.aquiline.com for more information on Aquiline, its investment professionals, and portfolio companies.
MdStrategies provides coding, auditing, transcription, education, and training services to ASCs in more than 40 states.
mdStrategies, a full-service medical coding company focusing on strengthening ASCs, has been acquired by National Medical Billing Services. As the industry leader in ambulatory surgery centre revenue cycle management, the addition of mdStrategies will expand the depth and breadth of our ASC coding expertise while also allowing us to provide coding-related point solutions to a broader segment of the ASC market.
Our infrastructure and ongoing technology developments combined with the value-added service offering and deep ASC coding expertise of mdStrategies will allow us to deliver unparalleled revenue cycle and coding results to the ambulatory surgery centre market. mdStrategies performs services in 40 states around the nation for some of the most prominent organizations in the ASC industry.
According to a release, National Medical Billing Services of Chesterfield, Missouri, has acquired mdStrategies of Cypress, Texas. The combination will further bolster the depth and breadth of National Medical’s ASC coding expertise while also enabling it to offer coding-related point solutions to a broader segment of the ASC market. The acquisition marks National Medical’s first transaction since its January 2021 partnership with Aquiline Capital Partners of New York and London with $7 billion in assets under management.