Recondo Technology, the Greenwood Village, Colo.-based healthcare revenue-cycle software developer, announced the acquisition of Lakeland, Fla.-based Trilogi, a revenue-cycle management and recovery company.

“We are very pleased to combine with Trilogi and be able to offer our client hospitals a broader array of products and services,” Rick Adam, Recondo's founder and CEO, said in a news release. “Trilogi is a leader and innovator in hospital revenue recovery services and Recondo likewise on the technology front. Together, we offer our customers unrivaled value.”

Financial terms were not disclosed. Recondo officials said they plan to integrate software services with Trilogi to expand its customer base and services. Trilogi also has an office in Dallas.

“Recondo Technology has been a company I have admired over the years, and I'm thrilled that we are combining our forces in order to create innovative and cutting-edge solutions for our clients,” April Kooiman, Trilogi's co-founder and president, said in the release.