Spring, Texas-based MedData acquired Jackson, Miss.-based RevClaims, the companies announced Feb. 24.
RevClaims is an outsourced revenue cycle management company specializing in Veterans Administration billing, third-party liability, motor vehicle accidents and workers’ compensation.
"We are excited about the combination of RevClaims and MedData," Brad Williams, CEO and founder of RevClaims, said in a statement. "This acquisition will allow RevClaims to provide enhanced and additional services to its current clients. MedData has a solid reputation in the RCM market and I am looking forward to seeing the business grow and expand."
Terms of the acquisition were not disclosed.