Zotec Partners has signed a definitive agreement to acquire 100% of the stock of Medical Management Professionals (MMP) for $200 million.
Founded in 1993, MMP provides medical billing and practice management services to hospital-based physicians in the areas of radiology, anesthesiology, emergency medicine, and pathology. It currently serves more than 3,000 physicians in 30 states.
The combined company will be one of the largest revenue cycle management services firms in the U.S., specializing in radiology, anesthesiology, pathology, and emergency medicine, Zotec said.