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Article: Nashville, Tenn., Firm Sees Growth in Health Care Business Merger.(Originated from Nashville Banner, Tenn.)
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- March 12, 1997
- Author:
CopyrightCOPYRIGHT 1997 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Mar. 12--One of Nashville's fastest-growing companies has merged in a deal aimed at creating a major provider of health care-related business services.
Management Financial Services has merged with HealthCare Business Management, based in King of Prussia, Pa., in a stock-for-stock deal. Terms weren't disclosed.
Both companies provide outsourcing services to hospitals by handling back-office activities such as accounting, coding, billing services, and receivables and claims management.
Management Financial Services, based at 907 Two Mile Parkway in Goodlettsville, was founded in 1982.
"We believe that with our short-term ...