Dean Dorton Allen Ford, a Lexington, Ky.-based accounting firm, almost doubled the size of its healthcare branch through its acquisition of MetroMedical Solutions, a Louisville, Ky.-based provider of medical billing services, according to Louisville Business First.
The transaction was completed April 1. Under the acquisition, MetroMedical will combine with Dean Dorton's healthcare consulting practice. As a result, 35 positions will be added to Dean Dorton's 50-member staff in Louisville, according to the report.
Financial terms of the deal were not disclosed.
"With the incorporation of MetroMedical Solutions, we can now offer our physician practice clients a full suite of outsourced services, from accounting and financial outsourcing to billing and credentialing," Adam Shewmaker, director of healthcare consulting services at Dean Dorton, said in a news release obtained by Louisville Business First. "We are now able to handle all back-office functions, which can allow physicians to focus solely on the demands of their clinical practice."