BOCA RATON, Fla., Nov. 29, 2017 /PRNewswire-iReach/ -- edgeMED Healthcare, based in Boca Raton, Florida, announced that they have acquired the medical billing division of Schenck SC, in a strategic transaction benefiting both parties. Schenck is a full-service CPA and consulting firm based in Appleton, Wisconsin. Taureau Group, an investment advisory firm headquartered in Wisconsin, advised on the transaction.
edgeMED is a national provider of health care revenue cycle management and software solutions, and has served the billing needs of the health care community since 1981.
"To overcome challenges physicians throughout the country face, edgeMED continues to make substantial investments in its people, technology and revenue cycle management services helping them transform their medical organization for future success," said Ryan Kurstin, edgeMED CEO.
"The addition of the Appleton, Wisconsin office to our current locations in Florida, New York and California enables us to offer quicker decision-making, more efficient communication and teamwork, and higher speed and flexibility in responding to our customers' needs in the region."
"Schenck is a significant player in serving physician practices, and we felt teaming up with edgeMED would be mutually beneficial to both our organizations and clients," said Greg Barber, CPA, president/CEO of Schenck. "With this move, our clients have access to greater resources through edgeMED's best-in-class technology and intense focus on medical billing services, while continuing to benefit from our comprehensive consulting, tax and accounting services."
About edgeMED Healthcare
edgeMED is a full-service medical billing and technology organization headquartered in Boca Raton, Florida, and with locations in Wisconsin, New York and California. edgeMED provides expert revenue cycle management and intelligent technology to increase physicians' revenue and improve their operational efficiency. edgeMED has been providing services since 1981 to thousands of multi-specialty practices throughout the nation. For more information about edgeMED, please visit edgemed.com.
About Schenck SC
Schenck is one of the nation's top 50 full-service CPA and consulting firms. With over six-hundred team members and eight office locations Schenck offers advanced solutions to help organizations succeed. For more information about Schecnk, please visit schencksc.com.
About Taureau Group, LLC
Taureau Group is a full-service boutique investment banking practice that takes privately held, middle-market companies through a complete buy- or sell-side sales process. With a dedicated group of investment banking professionals providing M&A advisory services for business sales and divestitures, acquisitions, management buyouts and recapitalizations, Taureau Group approaches transactions with creativity, a strong sense of urgency and the negotiation skills and expertise critical to complete transactions in the best interests of its clients. Taureau Group's team has successfully completed hundreds of financial advisory engagements in virtually every industry worth billions of dollars of aggregate transaction value. In addition to a combined 50+ years of investment banking experience, Taureau Group leverages the tax planning and strategy support resources of a large advisory and accounting firm through its affiliation with Schenck SC. For more information, visit taureaugroup.com.
Securities offered through Burch & Company, Inc., member FINRA / SiPC. Burch & Company and Taureau Group are not affiliated entities. Principals of Taureau Group are registered investment banking representatives with Burch & Company.