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MTBC acquires Tenn. revenue cycle management company

MTBC has acquired Renaissance Physician Services, aChattanooga, Tenn.-based revenue cycle management company.

Under the transaction, which closed May 1, MTBC acquiredsubstantially all of the assets of Renaissance Medical Billing LLC, which doesbusiness as Renaissance Physician Services, including customer contracts.

Aside from Tennessee, Renaissance also operates in Georgia,Alabama and Florida, and serves primary care providers, cardiologists,hospitalists, neonatologists, orthopedists and other specialists.

Durie Andrews, president of Renaissance, now serves as adirector of business development for MTBC.