Receivables Outsourcing, Inc. Announces Acquisition of Arc Group Associates

Receivables Outsourcing, Inc. (ROI), an accounts receivable management company based in Timonium, Md., announced today that it has acquired Arc Group Associates, a healthcare revenue cycle management company based in Hatboro, Pa. The acquisition will enable ROI to expand its suite of ARM services to hospitals throughout the U.S. Terms of the transaction were not disclosed.

ARM strategic advisory firm Kaulkin Ginsberg (www.kaulkin.com) initiated the transaction and served as advisor to ROI.

Chris Wunder, President of ROI added, “The acquisition of Arc Group Associates provides our company with an expanded customer base in several regions where we do not currently operate. The deal also creates significant cross sell opportunities for ROI services that Arc Group Associates does not offer to its existing clients, along with a work force that has impressed our operations people since early in the negotiations. These two companies are a perfect fit.”

“Arc Group Associates is an excellent strategic fit for ROI,” said Michael Lamm of Kaulkin Ginsberg, lead advisor on the transaction. “ROI already offers a full suite of services to healthcare providers, and with the addition of Arc Group Associates, they can enhance their services for managing denials, underpayments and day one low dollar accounts.”

Lamm noted that M&A interest in the healthcare sector of the ARM industry has been particularly strong so far this year, representing 35% of all transactions in the industry to date.

ROI (www.theroi.com) is a full service healthcare revenue cycle management firm, working with over 140 hospitals throughout the country.

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