News | August 19, 2013

SSI Announces Acquisition Of Medibis

The SSI Group, Inc. (SSI), a leading provider of healthcare revenue and payment cycle management solutions, announced recently that it has acquired Medtelligence, LLC dba Medibis. The acquisition of Medibis expands SSI’s capabilities to provide solutions to ambulatory and surgery centers across the nation.

Headquartered in Oklahoma City, Oklahoma, Medibis is a leading provider of data solutions that turn raw data into intelligence. Through analytics, dashboards and mobile applications, Medibis enhances communication and business intelligence to streamline administration and operations. The Medibis solutions integrate with the back-end of physician, ambulatory surgery center and hospital information systems; build a private network of data from these systems; and offer communication tools, dashboards and analytics via a Web application.

The integration of the SSI network and the Medibis solutions will help clients with expanding demands in their facilities.  Medibis will operate as an independent organization within The SSI Group, Inc.

“Bertram Capital is pleased to have worked with SSI as the strategic acquirer of our portfolio company, Medibis,” said Ken Drazan, Operating Partner of Bertram Capital. “We achieved our goal of creating an industry-leading data analytics solution in the surgical care market. We believe Medibis, combined with SSI, will continue to deliver high quality products and services to their clients.”

“I am pleased to welcome Medibis to the SSI family,” said Jimmy Lyons, President and CEO of The SSI Group, Inc. “They are nationally recognized as a market leader in business intelligence and mobile applications. This expertise, combined with our proven solutions in claims editing and clearinghouse services, provides a compelling product suite in the rapidly expanding ambulatory surgery center market. We look forward to the new opportunities this relationship will bring.”

About Medtelligence, LLC
Medtelligence, LLC dba Medibis is a leading provider of business intelligence tools, reports and dashboards to the surgery provider market. Headquartered in Oklahoma City, Oklahoma, Medibis offers systems that are distinguished by ease of use through the Cloud, customer care, security and measurable cost advantages. For more information, visit www.medibis.com.

About SSI
SSI is a forward-thinking innovator that is powering the business of healthcare through improved flexibility, connectivity and integration. The company offers a single-vendor, end-to-end Revenue Cycle Management (RCM) solution featuring front-end eligibility; industry-leading, best-in-class billing and claims transmission; contract management, release of information and attachment processing; and an advanced analytics and business intelligence product suite. With over 1,000 direct payer connections through its EHNAC-certified clearinghouse, SSI processes 600 million transactions annually, totaling in excess of $800 billion in billed electronic claims revenue. For more information, visit www.thessigroup.com.

SOURCE: SSI