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Interrior Concepts
03/20/2010

Capio Partners Partners with Aequitas Capital Management to Purchase Bad Debt Receivables

November 2, 2009
 
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Atlanta, Georgia – Capio Partners, LLC, has partnered with Aequitas Capital Management, Inc., an alternative investment firm providing a $20 million revolving facility to purchase late-stage, patient self-pay healthcare receivables. The agreement between both organizations represents a commitment to provide alternative revenue cycle options to healthcare entities nationwide.

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"Aequitas is pleased to work with Capio Partners, a company that shares our continued interest and commitment to the healthcare industry” said Robert Jesenik, CEO of Aequitas Capital Management. "Capio’s leadership and staff have more healthcare specific knowledge than any other organization of its kind, and their Complaintless Collection™ philosophy and our core principles fall hand-in-hand.”

“Aequitas Capital Management has a long history of service in the healthcare sector with their already established CarePayment® product. Healthcare providers should improve their revenue stream from their self-pay receivables with the combination of CarePayment®, a front-end solution, and Capio’s debt purchasing product, a back-end solution” said Jim Richards, President and CEO of Capio. “By partnering with Aequitas, Capio is positioned to achieve its revenue goals with a partner that truly understands the intricate healthcare market. We look forward to a long and lasting partnership and believe this is a mutually beneficial union of two great companies.”

About Aequitas Capital Management, Inc.
Established in 1993, Aequitas Capital is a value-oriented alternative investment firm providing private equity and commercial finance products to investors and capital to the middle-market, healthcare, manufacturing, services and energy sectors. Within the healthcare sector, Aequitas offers a hospital-branded finance program called CarePayment®. The program enables patients to pay for hospital services at 0% interest while providing hospitals with immediate funding for patient-pay receivables. For more information, visit www.aequitascapital.com or call (503) 419-3500.

About Capio Partners, LLC
Capio Partners is considered to be one of the premier healthcare debt purchasers in the industry. As the pioneers of Complaintless Collections™, Capio Partners coordinates the hospital’s patient-centered culture with its fiscal need for a profitable and predictable cash flow. With a 35-year track record in the healthcare receivables industry, Capio Partners delivers results while keeping hospitals compliant with CMS Regulations. Capio Partners is headquartered in Duluth, Georgia with operations in Sherman, Texas. Visit www.complaintless.com for additional information.


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