RMB Inc. Announces Merger with Rubin & Raine

RMB Inc., a leading provider of healthcare accounts receivable outsourcing and delinquent account recovery, today closed on a merger with Rubin & Raine of Eatontown, N.J. The combined companies will be known as RMB Inc. and will operate with a staff of approximately 200 employees.

“We have been looking for the right partner for several years, and it certainly seems that our search has been worth the effort,” said RMB CEO Michael E. Motes. “We look forward to meeting and working with our new Rubin & Raine clients as well as expanding our service offerings to our existing RMB clients.”

Rubin & Raine has a 26-year history in the healthcare accounts management industry. Its offices in Eatontown, N.J. and Aurora, Colo. will continue operating and provide expanded service areas for RMB’s current offices in Knoxville, Tenn., Winston-Salem, N.C. and Marietta, Ga.

Rubin & Raine President Vincent Raine Jr. has been working in the healthcare receivables management industry for more than 25 years and will join the RMB executive management team. He will lead the new company’s sales and marketing efforts.

“The larger operating organization will allow us to take advantage, even more, of available technology,” stated Raine. “We will be in a much stronger position with respect to compliance and the growing regulatory environment in our industry. Operating efficiencies and economies of scale certainly helped to drive the need to combine our organizations.”

RMB Inc. is a leading healthcare receivables management firm that enables healthcare providers to optimize cash flow and improve financial performance. RMB Inc. provides services that directly impact the revenue cycle of healthcare providers by providing A/R solutions that convert receivables to cash. RMB Inc. services clients nationally from its corporate office in Knoxville, Tenn., as well as regional offices in Winston-Salem, N.C. and Atlanta, Ga. www.rmbcollect.com.