News

Intermedix Corporation Acquires HRA Medical Management, Inc.

08/10/2009


Fort Lauderdale, FL – Intermedix Corporation, the leading provider of technology-based business services to emergency providers, announced today it has acquired the assets of HRA Medical Management, Inc. (“HRA”) of San Diego, California.

HRA has provided emergency physician and hospitalist billing services to medical practice groups for more than 15 years and currently serves clients in California and Nevada. The business was founded in 1993 by James A. Packer, M.D., FACEP and has expanded its operations through extraordinary client service and building longstanding relationships.

Doug Shamon, CEO and President of Intermedix Corporation commented, “We are extremely pleased to welcome the people and clients of HRA to Intermedix. This acquisition allows us to continue our commitment to providing unparalleled technology enabled business services to emergency department practice groups in California and the Western United States. It also extends our reach into providing those same high quality services to hospitalist physicians and expanding our presence in this very important part of the market.”

Ken Goodin, President of the EPBS division of Intermedix added, “The people of HRA have a longstanding history of providing high quality, professional services and share our philosophy of exceeding client expectations.  Together we will be able to provide new resources, technology and expertise for our clients and their patients.”

About Intermedix Corporation

Intermedix (www.intermedix.com) helps fund and support our nation’s emergency safety net – emergency physicians, hospital emergency departments, and 911-emergency responders.  We engineer advanced technologies into our business processes to meet incident documentation requirements, realize revenue potential, and provide advanced informatics to our customers.  Our solutions are designed for performance and compliance, allowing our customers to focus on saving lives and promoting healthy recoveries from accidents and illnesses.

Intermedix serves the emergency physician, hospital emergency department and hospitalist market through its subsidiary EPBS-Intermedix. It serves pre hospital emergency providers, EMS ground and air medical transportation, market through its subsidiary ADPI-Intermedix, and it serves the fire response market through its subsidiary Revenue Rescue-Intermedix. The Company also provides a state of the art hosted electronic patient care reporting solution under the brand names TripTix®Mobile and TripTix® Web. Intermedix has clients throughout the United States and annually collects billions of dollars for its clients.

This press release may contain forward-looking statements within the meaning of the “safe harbor” provision of the United States Private Securities Litigation Reform Act of 1995.  While these statements represent our best current judgment, they are subject to risks and uncertainties that could cause actual results to vary. These statements may involve risks and uncertainties.  Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated.