AMCOL, RevMD form Strategic Partnership

COLUMBIA, S.C. and WESTMONT, Ill. -- AMCOL Systems, Inc., a nationally recognized leader in patient experience and revenue cycle optimization services, and RevMD Partners, LLC., an industry leading technology enabled revenue cycle services company, have entered into a strategic partnership for joint product development and marketing initiatives which is effective immediately. The partnership allows both companies to broaden their product offerings on the near term while combining expertise to develop further automation, technology and service solutions for healthcare providers over the intermediate and long term. Both companies have decades of experience in the healthcare revenue cycle space exclusively, specializing in patient financial clearance, insurance resolution, self-pay early out services, and bad debt collections.

“This partnership is especially exciting as both companies have enjoyed great success since their inceptions and are 100% dedicated to the long term success of healthcare providers. Together, we have a deep understanding of the industry and are uniquely suited to produce innovative solutions to efficiently drive improved revenue cycle performance for healthcare systems,” says Chip Hellmann, President and CEO of AMCOL Systems.

Tim McCarthy, Managing Partner at RevMD agrees. “We are extremely excited about our partnership with AMCOL. Together we will now be able to roll out some unique technology-driven solutions that will not only help our clients drive out unnecessary manual costs, but also dramatically accelerate the performance of their receivables. This partnership allows us to get these solutions to the market sooner so our clients can capitalize on the improved results immediately. We are going to introduce resolution alternatives no other vendor has offered.”

About AMCOL Systems, Inc.

Founded in 1976, AMCOL Systems is a distinguished provider of Self-Pay Collection, Bad Debt Recovery, and Insurance Claims Resolution services exclusively for the Healthcare Industry. AMCOL’s mission is to be trusted advisors who deliver tailored, patient-centered financial solutions to benefit their partners and their communities. For additional information about the company, contact Sandi Owen at 803.227.3191.

About RevMD Partners, LLC.

RevMD Partners, a leader in healthcare revenue cycle services, utilizes best-of-practice workflows and state-of-the-art supporting technology to drive increased recoveries for their provider clients. Guided by this core set of values: respect, integrity, accountability, and commitment; results are achieved through a genuine desire to employ these core values each day in an effort to make a difference in the lives of those with whom they work.  For additional information about the company, contact Nick DiGiovanni Jr. at 630.882.3690.