WAYNE, PENNSYLVANIA – July 10, 2017 : Falcon Capital Partners, LLC, a leading middle-market investment bank, announced today the successful sale of Periop Anesthesia Billing to Medusind.
Periop is an anesthesia billing company located in Newark, Delaware that has been providing anesthesia billing services and technology since 1997. As a leader in their field, they process over 800,000 claims annually for anesthesiology groups throughout the U.S. The acquisition of Periop gives Medusind greater depth and expertise to offer and assist MBMS, Periop’s parent company, in selecting specialized anesthesia billing services and technology.
Medusind’s dedication to client service, quality, and best practices will continue to grow with the addition of Periop’s anesthesia billing solutions. This exciting news means that Medusind will have a new location in Delaware, marking the company’s 5th acquisition. Medusind continues to move forward providing exceptional client services and industry-leading technology to healthcare organizations across the nation.
The terms of the transaction were not disclosed.
The Falcon deal team was led by Managing Director Ted Stack and Senior Associate Don Wanner. For more information please contact Ted Stack, Managing Director at 610-989-8901 or Don Wanner, Senior Associate at 610-989-8907.