| Atlanta, GA, December 19, 2003 | |||||||||||||||||
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| Caymus Partners LLC Advises Receivables Outsourcing, Inc. on Acquisition | |||||||||||||||||
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About ROI ROI is a leader in the healthcare revenue cycle management industry focused on hospitals. The Company provides billing, coding, insurance follow-up, pre-registration, eligibility confirmation, and collections work. The Company’s services allow healthcare providers to focus on their core business and realize the benefits of outsourcing back office functions.About Caymus Partners With offices in Atlanta and New York, Caymus Partners is a leading middle-market investment banking firm, providing merger and acquisition advisory services, private placements and other financial advisory services. Combined, the firm's senior bankers have more than 65 years of experience and have closed over 250 transactions. More information can be found at www.caymuspartners.com. |
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Caymus Partners LLC is pleased to announce that Receivables Outsourcing, Inc. (“ROI” or the “Company”) has successfully completed the acquisition of Langley Provider Group, Inc. The Company’s acquisition is expected to increase the Company’s earnings and open new markets for future growth. In addition to the acquisition, Caymus Partners structured a financing that minimized dilution to founding shareholders, while positioning the Company for aggressive future growth. Caymus Partners also introduced to the Company the strategic financing partner (based in India), which has worked with ROI to improve profitability by utilizing outsourcing functions based in India, thus enhancing long-term value for its shareholders. Caymus Partners was the Company’s exclusive advisor on the transaction.3475 Lenox Road, Suite 650
Atlanta, GA 30326
(404) 995-8300
17th Floor
New York, NY 10022
(212) 755-3600
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