Satish Sanan's Integreo acquires Siemens' RCMS business

By siliconindia staff writer   |   Wednesday, 31 August 2005, 16:25 IST
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ATLANTA: Satish Sanan?s Integreo Inc., has acquired the Revenue Cycle Managed Services (RCMS) service line of Siemens Medical Solutions. This purchase, the third healthcare acquisition made by Integreo in less than two years, will help it become an premier provider of Business Process Outsourcing (BPO) services to healthcare payors and providers, the insurance and corporate sector, as well as government and public health agencies. The Atlanta based Integreo was formerly known as STI Knowledge. With the addition of this world-class asset, Integreo can now offer payors and providers a complete suite of healthcare BPO services and solutions that improve their ability to reach peak financial performance. ?Acquiring revenue cycle management services has always been a key strategic initiative for Integreo because it solidifies our end-to-end healthcare BPO services and solutions,? said Satish Sanan, Integreo?s Executive Chairman and CEO. ?With this acquisition, our customers will benefit from our comprehensive healthcare services and solutions that address the many challenges faced by companies in today?s complex healthcare market. Both payor and provider organizations in the healthcare industry must increase revenue, reduce operating cost and improve productivity to survive -and Integreo is now ideally positioned to help them reach these goals.?