Advanced Data Processing, Inc. Announces the Acquisition of Revenue Rescue, LLC

   Revenue Rescue, based in Austin, Texas, specializes in billing and accounts receivable management services for fire department responses. Revenue Rescue has served communities in Texas and Pennsylvania with excellence for over 5 years and has recently expanded its services to Florida.

   Revenue Rescue provides fire departments a web-based incident submission technology that captures incident information and provides immediate customer access to the incident data for supervisor review. On submitted incidents, Revenue Rescue engineered a sophisticated event tracking technology that evaluates and manages incident submission information to maximize back office billing and collection performance. Together, these technologies increase the productivity of frontline fire personnel and enhance service revenues by reducing the average time to bill, improving charge capture, and ensuring proper claim follow up.

   ADPI is the largest independent provider of medical billing and coding services and technology to emergency medical services agencies in the United States. ADPI provides a full outsourced billing solution including the provision of mobile electronic patient record collection systems for its clients to capture patient information at the scene of the incident.

   With Revenue Rescue, ADPI now offers fire department billing solutions for motor vehicle, hazmat, and fire response in addition to EMS billing solutions. The combined company will serve over 700 emergency care providers in 22 states and the District of Columbia.

   Doug Shamon, Chief Executive Officer, commented, "Many fire departments are facing significant property tax cutbacks that jeopardize their funding and may require spending cuts. Such cuts threaten to weaken the nation's safety-net we know as first responders. Consequently, cities, counties and independent fire districts are adopting new programs to recover the cost of responding to accidents and other incidents. Revenue Rescue has achieved tremendous collection results for their customers. With their experience, technology, and know-how, ADPI is now well positioned to help fire departments as they consider additional funding strategies."

   Advanced Data Processing, Inc. (www.emsclaims.com) specializes in emergency medical services billing and technology. With a twenty-five year history, the Company is the leading provider of EMS billing services in the USA with five regional operations centers serving over 225 customers.

   Keywords: Mergers & Acquisitions, Business, Mergers and Acquisitions, Advanced Data Processing Inc.

   This article was prepared by Biotech Business Week editors from staff and other reports. Copyright 2007, Biotech Business Week via NewsRx.com.

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