M&A Deal Summary

Intermedix Acquires Marina Medical Billing Service

On June 10, 2014, Intermedix acquired business services company Marina Medical Billing Service from T-System

Acquisition Highlights
  • This is Intermedix’s 1st transaction in the Business Services sector.
  • This is Intermedix’s 9th transaction in the United States.
  • This is Intermedix’s 3rd transaction in California.

M&A Deal Summary

Date 2014-06-10
Target Marina Medical Billing Service
Sector Business Services
Buyer(s) Intermedix
Sellers(s) T-System
Deal Type Add-on Acquisition

Target

Marina Medical Billing Service

Cerritos, California, United States
website
Marina Medical Billing Service, Inc. is a provider of billing and collection services to hospital emergency department physician groups and physician practice management companies in six states.

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Buyer(S) 1

Buyer

Intermedix

Fort Lauderdale, Florida, United States

website


Category Company
Founded 1983
Sector Information Technology
DESCRIPTION

Intermedix is a provider of healthcare information technology based business services to emergency providers. Intermedix was founded in 1983 and is based in Fort Lauderdale, Florida.


DEAL STATS #
Overall 10 of 11
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 10 of 11
State (California) 3 of 3
Country (United States) 9 of 10
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-16 The Optima

Auckland, New Zealand

Optima is a Operations Research company that delivers innovative optimization and simulation software solutions for select global markets. Currently focused in the Emergency Services, Airline and Health industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-04 WPC Healthcare

Brentwood, Tennessee, United States

WPC Healthcare is a data analytics company that uses machine learning to make predictions about health care conditions providing early notification to providers and, ultimately, saving lives while decreasing costs. WPC Healthcare was established in 1975 and is headquartered in Brentwood, Tennessee.

Buy -

Seller(S) 1

SELLER

T-System

Dallas, Texas, United States

website


Category Company
Founded 1996
Sector Business Services
DESCRIPTION

T-System is a developer of clinical documentation and coding solutions for hospital-based emergency departments and urgent care facilities. T-System was established in 1996 and is based in Dallas, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-22 Marina Medical Billing Service

Cerritos, California, United States

Marina Medical Billing Service, Inc. is a provider of billing and collection services to hospital emergency department physician groups and physician practice management companies in six states.

Buy -