Denver, CO (PRWEB) January 31, 2012
According to a report from Irving Leven Associates, Inc., health care merger and acquisition spending increased 11 percent in 2011, totaling $227.4 billion committed to finance the year’s merger, acquisition and takeover activity. The four service sectors that saw noticeable growth were hospitals, long-term care, managed care and physician medical groups.
Sanford Steever, Ph.D, editor of the Health Care M&A Report, said that the growth will likely continue throughout 2012 as hospitals and providers pursue mergers and acquisitions to accumulate the necessary elements of accountable care organizations (ACOs).
This activity means increased demand for health care financial services provided by companies like Medical Business Resources (MBR), a comprehensive revenue cycle management company that provides hospitals and physicians with revenue cycle solutions to increase payments from insurers and dramatically improve net cash receipts.
“In addition to support from our extended business office during the time of a merger, MBR has assisted health care systems in their analysis of the hospital’s balance sheet, providing a third-party, unbiased analysis,” MBR’s Director of Revenue Cycle Operations Phil Begley said.
MBR's AnswerData software analyzes data, forecasts financial results and helps revenue cycle analysts create tactical strategies to optimize its clients’ revenue cycle performance. “Having this type of information proves invaluable to potential buyers and could greatly affect negotiations and final purchase prices,” Begley said.
Medical Business Resources, Inc. (MBR) is a comprehensive revenue cycle management company that provides hospitals and physicians with revenue cycle solutions to increase payments from insurers and dramatically improve net cash receipts.