The strategic combination of knowledgeable resources and automated solutions is critical to helping our clients with their revenue cycle.
CHENNAI, India and NEW YORK (PRWEB) July 21, 2020
Acrologic Business Solutions, d.b.a. Medical Billing Wholesalers (MBW), a New York-based revenue cycle management and IT services company, today announced that it has completed the integration of the clients and operations of Benchmark Billing Solutions. Under the terms of the agreement, MBW acquires the service delivery team supporting the clients of Benchmark and also the associated revenue.
Headquartered in Chennai, India, Benchmark Billing Solutions was founded in 2014. Benchmark has a client base that includes physician practices, and revenue cycle intermediaries.
Vinod Sankaran, CEO of Medical Billing Wholesalers, said, "This acquisition is about achieving scale and leveraging shared values. With the addition of the capabilities that Benchmark Billing Solutions brings, we have increased not just the scale but also the breadth of healthcare customers in our portfolio. We wish Satish Ponnaiya, the Founder and CEO of Benchmark, the best of luck as he strives to take his career in a different direction. The Benchmark Billing Solutions’ team is a valuable addition to our family. The complementing industry knowledge and understanding of technology will help us accelerate our capabilities as we look forward to creating additional value for our clients."
Satish Ponnaiya, Founder and CEO, Benchmark Billing Solutions, said, "As I look back on the last 7 years, we had a very successful journey with Benchmark. I was looking for an organization that can support the needs of the clients of Benchmark and provides a growth path to our people. Despite challenges on account of COVID-19, the MBW team has done an exceptional job of integrating the operation and the people while providing great support to our existing clients. I thank the leadership of MBW for their support as I embark on a new career journey.”
Melvin Miller, Chief Operating Officer, Medical Billing Wholesalers, said, “Through the last year, we have focused on developing our operations capabilities. We have invested in developing operations tools including workflow, revenue cycle dashboards, deep-learning-based robotic process automation, and supporting the clients. The strategic combination of knowledgeable resources and automated solutions is critical to helping our clients with their revenue cycle. We are excited to welcome the Benchmark Billing Solutions team into the MBW fold."
About Medical Billing Wholesalers
Medical Billing Wholesalers (MBW) provides business process outsourcing, revenue cycle KPI measurement, and robotic process automation tools. The company operates from 5 delivery centers in Chennai and Bangalore and has sales offices in New York, Dallas, Fort Lauderdale, Las Vegas, and Nashville. The company supports over 2,000 physicians across over 20+ medical specialties and uses over 15+ EMR/practice management systems today. The company applies proprietary workflow tools, and robotic process automation capabilities to help clients do more with revenue cycle.
To learn how Medical Billing Wholesalers can help your healthcare organization achieve financial success, visit https://www.medicalbillingwholesalers.com
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