Two EMS/Ambulance Billing Companies Combine Forces
Credit Bureau Systems (CBS) Inc.'s Ambulance Medical Billing (AMB) division acquired National Revenue Group (NRG) in a merger that forms the fifth largest EMS/Ambulance Billing entity in the nation.
Paducah, KY, June 1, 2015 (Newswire.com) - Credit Bureau Systems, Inc.’s Ambulance Medical Billing Division announced today that it has signed a definitive agreement to acquire National Reimbursement Group of Macon, Georgia, a regional provider of ambulance billing services in Georgia, Tennessee, South Carolina, and North Carolina. As one of the South’s premier EMS billing companies since 1990, NRG processed over 260,000 transports annually for forty municipally owned ambulance and emergency medical service clients, according to Shae Hinson, President of National Reimbursement Group.
Following the merger, Ambulance Medical Billing will rank among the top five such companies in the U.S. based on volume of transports billed per year for its clientele in the Midwest, Mid-South, and Southeastern regions of the U.S.
“AMB is the perfect fit for us.” Hinson stated.” I have interacted with AMB and its parent company, Credit Bureau Systems, for years and trust their results, customer care, and method of doing business. They have the people, processes, and experience which are critical to a successful revenue cycle firm on the national level”. Hinson will be joining AMB to service existing NRG clients and facilitate additional growth throughout the Southeastern United States.
“We look forward to the synergy this acquisition can bring to NRG, AMB, and most importantly our clients. NRG established a strong service record over the past twenty five years that we expect to enhance,” added Mark Edwards CEO of Credit Bureau Systems.
NRG operates two service centers in Macon, GA and Huntsville, TN and will continue those operations following the merger. The new parent company, Credit Bureau Systems Inc. is a 63-year old national accounts receivables management and business process outsource company operating seven delivery centers in Kentucky, Tennessee, and now Georgia. The company employs 325 full time workers and has been in continuous operation since 1952.