medical billing transcription supplier information

CyMed, Inc. confirmed today the acquisition of Pro-Scribe Medical Documentation Solutions of Chattanooga, Tennessee. The acquisition, combined with CyMed's industry leading organic growth, firmly positions the company as the third largest employer of domestic transcription labor in a field with more than 1,500 competitors. With the affiliation of Pro-Scribe and their staff, the company is now home to more than 1,000 medical transcription, editing and technical support positions and is active in 40 states.

"Our affiliation with CyMed provides us with unmatched technology and operations management expertise that effectively revolutionize the economics of the industry," noted Mike Irwin, former Pro-Scribe owner and newly appointed CyMed Regional President. "When these tools are complemented with CyMed's Customer Relationship Management (CRM) program and regional business model, our association offers significant business benefits to our employees, our customers, and our prospective clients. By combining forces, we have effectively eliminated our previous barriers for growth and are able to offer everyone in our organization the opportunity for accelerated career development."

"The addition of Pro-Scribe's Chattanooga and Knoxville operations support CyMed's overall growth objectives and enhance our service capabilities with a team that understands the customer service levels required to be successful in this industry," added Robert Lynch, CyMed's President and COO. "We've known Mike for many years and are glad to welcome him and his staff to the CyMed team, and look forward to their contributions in support of our organic growth initiatives."

Financial terms of the acquisition were not disclosed, but include CyMed's assimilation of the Pro-Scribe's dealership for Olympus handheld voice recorders.