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Medical Billing News
In This Issue
ArthroCare Buys Medical Billing Service for $25M
Medical Billing Employee Charged with Embezzling
Medical Billing Success Packages ON SALE NOW!
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ArthroCare buys Medical Billing Service Provider for $25M

Austin-based surgical product manufacturer ArthroCare Corp. has acquired Margate, Fla.-based DiscoCare Inc., medical billing and reimbursement service provider, for $25 million in cash.

ArthroCare says the acquisition will allow the company to significantly expand its internal reimbursement capability and to leverage those services across all its divisions. The company has also said the acquisition shouldn't have a material impact on 2008 earnings.

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Medical Billing Employee Charged with Embezzling

A former employee of a hospital billing center has been charged with stealing in excess of $10,000.

Allison Jo Kruzel, 27, of 2305 Northwind, was bound over to 14th Circuit Court Dec. 6 on a charge of embezzlement by agent or trustee of more than $1,000 but less than $20,000. She was charged with the offense in mid-November after an investigation by Norton Shores police.

Detective Lt. Timothy LaVigne said Kruzel allegedly stole more than $10,000 cash during the past year from the Hackley Primary Care Network billing center, 6401 Prairie.

Kruzel's job was to pick up billing information, including cash co-pays, from three physicians' practices owned by Hackley Hospital. She then returned to work, entered the information in a computer and made the bank deposits, LaVigne said.

 

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