CHERRY HILL, N.J., March 21, 2017 /PRNewswire/ -- Suender M&A Advisors is pleased to announce the successful closing of the merger of its client Coding Strategies Inc. with a business unit of Revenue Cycle, Inc. Suender M&A initiated the transaction and acted as financial advisor to Coding Strategies, Inc. Terms of the transaction are not being disclosed.
Founded in Atlanta in 1998 by Melody Mulaik and Cindy Parman, Coding Strategies provides consulting expertise and educational tools for the healthcare industry. Revenue Cycle (Austin, TX) specializes in the business aspects of medical and radiation oncology, including operations and oncology coding and reimbursement.
Melody Mulaik, President of the newly combined companies said, "Suender M&A Advisors provided exceptional advice and guidance from start to finish. John Suender was our trusted advisor each step of the way – from preliminary diligence preparing us for a potential transaction, through even handed negotiation of complex business terms with various suitors and finally the entire closing process. His years of transaction, financial and legal experience, together with his very practical perspective, were critical to us."
"Since I co-founded the company almost 20 years ago, Coding Strategies has been dedicated to empowering healthcare professionals," said Ms. Mulaik. "Our nationally certified consultants, along with our comprehensive selection of training options, help our clients protect the financial health of their business, stay compliant, and find solutions to their toughest challenges."
"Our alliance with Coding Strategies is a perfect fit," stated Ron DiGiaimo, CEO of Revenue Cycle. "Coding Strategies will add even more depth to our service offerings and I am thrilled that Melody is staying as President of the combined companies and Cindy as Executive Vice President. Their expertise and educational services align with those we already have in place, and their track record of success speaks for itself." Mr. DiGiaimo will now serve as the Chairman of the Board for Coding Strategies and CEO of the combined companies.
Suender M&A provides merger and acquisition advisory services primarily to providers of outsourced health information management and revenue cycle management services, staffing services and other outsourced services.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/suender-ma-advises-coding-strategies-in-its-merger-with-revenue-cycle-to-expand-healthcare-consulting-services-300426792.html
SOURCE Suender M&A Advisors