The $38 million in growth capital we recently obtained from Prudential Capital Group has allowed us to continue our aggressive growth strategy and acquire Millennium.
Plano, Texas (PRWEB) November 25, 2014
MediGain, a professional full-service medical billing (revenue cycle management) and healthcare analytics company, announces that they have acquired Millennium Practice Management Associates (Millennium) a New Jersey based company, specializing in revenue cycle management (RCM) and practice management services. Millennium currently services physicians throughout Northeastern United States.
“The $38 million in growth capital we recently obtained from Prudential Capital Group has allowed us to continue our aggressive growth strategy and acquire Millennium,” Greg Hackney, CEO of MediGain.
“This acquisition reinforces our coast-to-coast / border-to-border footprint and ability to service physicians, ambulatory surgery centers and hospitals anywhere in the US,” said Dinesh Butani, Chairman of MediGain.
“The management structures, philosophies and dedication to client service made this a perfect teaming of forces,” said Gregg Stolzberg, CEO of Millennium. “This transaction will enhance the resources available to the clients of both organizations and allow us to help providers around the country to obtain the reimbursement they deserve.”
About MediGain Services, Inc.
MediGain is a professional full-service revenue cycle management and healthcare analytics company devoted to improving billing, collections, and outcomes for healthcare providers and the patients they serve. MediGain provides solutions for thousands of physicians, provider groups, ambulatory surgery centers and hospitals enabling them to reach their maximum potential through improved operational, financial, and clinical outcomes. For more information on how MediGain can maximize revenue, reduce expenses and allow you to spend more time on providing your patients with quality healthcare, visit http://www.MediGain.com.
About - Millennium Practice Management Associates
Established in 1996, Millennium Practice Management Associates offers medical management services to over 700 physicians, hospitals and medical groups in the Northeastern area of the US. Millennium’s detailed and hands-on approach allows doctors and healthcare providers to focus on what they do best: practicing medicine. From billing, to coding to developing strategic business plans, Millennium’s team has helped medical providers, ranging in size and specialty, to get their practice running smoothly, increasing productivity and gaining revenue.