Mirrus Systems Buys Medical Biller AMSplus

Mirrus Systems Inc., a CBay Group company, announced today that it has signed an agreement to acquire AMSplus, Inc. AMSplus is a 200-employee provider of medical billing and practice management services, with offices in six cities across New England.

The acquisition of AMSplus further expands the scale and scope of Mirrus’ position into a top tier player within the estimated $27 billion U.S. market for revenue and clinical cycle management solutions.

"We are very pleased to have made this important acquisition," said Nanda Krish, President and CEO of Mirrus Systems. "AMSplus brings over 25 years of experience and an exceptional reputation for helping physician practices drive down their AR days. This is an excellent complement to existing Mirrus services, and fits well with our focus on helping hospitals accelerate cash."

As a national provider of Patient Financial Services, Mirrus helps health care providers, including health systems, hospitals, and academic physician faculty practice plans strengthen their bottom line. From maximizing cash flow, to resolving payer delays, to managing government reimbursement, Mirrus’s unique technologies and processes solve payment problems and generate high ROI.

"The complexity of physician practice reimbursement has created a huge need for the services that AMSplus provides," says Krish. "Managed care plans, government sponsored plans and private health care bureaucracy have made it difficult for small physician practices to keep up. AMSplus’ advanced billing platform, dedicated team of billing experts, sophisticated analytics and reporting and hands-on services provide real relief and help physicians run their practices more profitably."

Marc Bolh, President, and founder of AMSplus, will remain active in the business over the next several years and will continue as President, reporting directly to Nanda Krish, President and CEO of Mirrus Systems. Mr. Bolh will also become a member of the Mirrus Executive Management Team.

"Teaming with Mirrus offers great new opportunities for our 500-plus physician practice customers," says Marc Bolh, President of AMSplus, Inc. "Mirrus, and their parent company, CBay Group, share our passion for helping physician practices and hospitals operate with greater efficiency and profitability, plus CBay offers additional services such as medical transcription that can help our clients reduce costs and improve quality. We remain focused on our long-term commitment to our customers and helping them achieve even higher levels of success."