Orbograph, a subsidiary of Orbotech, Billerica, Mass., and a provider of visual recognition software for check processing, fraud prevention and data mining for marketing, will acquire the assets of Correct Claims Now, Dallas, a provider of revenue-cycle management services to the healthcare industry.
Orbograph announces deal to buy Correct Claims
Financial terms were undisclosed. The deal was expected to close Tuesday.
"By joining forces, we can achieve an unprecedented level of revenue-cycle efficiency that will provide critical advantages for providers, including lowering the cost of collecting and posting a payment, reducing aging of receivables and increasing reimbursement amounts," Orbograph general manager Barry Cohen said in a news release.
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