Parallon to Acquire Medical Debt Collector The Outsource Group

Parallon®, a leading provider of business and operational services to the healthcare industry, today announced that it has agreed to acquire The Outsource Group, a national leader in healthcare revenue cycle management. The two companies’ complementary services will further position Parallon as a flexible, end-to-end source for full-service solutions to hospitals and non-acute care providers, including ambulatory surgery centers, physician practices and alternate care sites across the United States.

The deal is expected to close in the third quarter of 2013, and the terms and conditions of the agreement were not disclosed.

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