Psyquel Buys New Building Close to South Texas Medical Center

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The mental health billing services company will occupy 10,000 square feet of space between two buildings as they hope to hire new employees and take on new clients.

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We are very pleased to announce the purchase of this new location due to our growth as a company. We look forward to continue growing and moving into our new offices once construction is completed.

Psyquel announced on June 26 that it had purchased a new office building on Oakland Road. The new location will give the company more room for growth, including the hiring of new employees. For now, however, the company will retain its current employees as well as its current office building.

"We've outgrown where we're currently at in just three years," said Jim Malcolm, Sales Manager at Psyquel. "We're going to keep our current office and also expand to the new location."

Their current office is only 3,000 square feet. The new office is roughly 10,000 square feet, making the total size of the company's offices approximately 13,000 square feet. The two offices are about 15 miles apart.

The employees, however, have not moved in yet. The building is still under construction and the work is expected to be completed within
the next few months. At which point, the employees will officially move in.

The Oakland Road office is close to the South Texas Medical Center, which includes hospitals, doctor's offices, specialty clinics, and other medical offices. This is fortuitous for Psyquel considering it specializes in behavioral health billing solutions.

The acquisition of the building will enable the company to provide higher levels of support to its clients. Most of Psyquel's employees will move into the new location.

The move "will be advantageous to our clients that need to go see patients that may be right nearby in the South Texas Medical Center," Malcolm said. "We are very pleased to announce the purchase of this new location due to our growth as a company. We look forward to continue growing and moving into our new offices once construction is completed."

About Psyquel

Psyquel assists mental health providers with their billing needs; their HIPAA 5010 compliant billing solutions help practices increase information security, financial profitability, and personal freedom. To learn more about their software services, visit http://www.psyquel.com

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Jim Malcolm
Psyquel
+1 (503) 549-4350
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