November 2014: Origin Merchant Partners Advises Syncordia on the Acquisition of HSI

November 2014: Origin Merchant Partners Advises Syncordia on the Acquisition of HSI

By Charlie Osler

All Transactions, Mergers & Acquisitions

November 9, 2014

Origin Merchant Partners is pleased to announce that Syncordia Technologies and Healthcare Solutions, Inc. (“Syncordia”) has acquired Health Services Integration Inc. (“HSI”).

Origin Merchant Partners acted as financial advisor to Syncordia with respect to this transaction.

Syncordia Technologies and Healthcare Solutions, Inc. operates in North America and Europe and is focused on investing in, partnering with and growing revenue cycle management (“RCM”) companies where proprietary technology can be used as an accelerator. Syncordia addresses a great void in niche healthcare sectors where the necessary workflow/production/analytic components are largely absent or inadequate for an RCM company to maintain quality with scale. Led by a team of executives with extensive experience in RCM and technology, acquisition opportunities are carefully selected to become part of the Syncordia family and enable Syncordia’s vision of becoming a world class technology enhanced RCM company with best in class solutions. For more information: www.syncordiahealth.com.

Health Services Integration Inc., based in Santa Rosa, California, is a technology enhanced claims management company utilizing proprietary technology to improve claim workflow, production management, and actionable data transparency. Since its inception over a decade ago, HSI has demonstrated a consistent level of innovation and growth. The technology developed by HSI automates and speeds up claims processing and provides analytics for deeper insight to fine tune the RCM process. For more information: www.hsihealth.com.

Origin Senior Lead: Mario Di Pietro