Billed Right announced on June 20 its recent expansion through the acquisition of Custom Billing Services of Ohio Inc. This strategic move represents a significant milestone for Billed Right as it reinforces its position as a premier player in the revenue cycle management (RCM) industry while broadening its reach across the nation.
Custom Billing Services of Ohio is a North Canton, Ohio-based medical billing company. The company was established in 1999.
Founded in 2006, Billed Right is a Florida-based company providing leading and innovative expertise in RCM solutions and operational management for healthcare organizations of all specialties.
The acquisition of Custom Billing Services of Ohio not only complements Billed Right’s existing capabilities but also enables the company to expand its presence in Ohio and neighboring states. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this transaction represents Billed Right’s first acquisition of 2023. In April 2022, Billed Right acquired Ruffe Systems for an undisclosed price. This transaction also marks the 135th eHealth transaction of the year, and the 34th in the RCM subsector.
