Atlanta – Capio Partners today announced that it has completed the acquisition of $1.2 billion in face valued Healthcare Receivables.
“Capio has been the Master Servicer on this portfolio for the last eight months.
Capio’s knowledge and Complaintless Collection™ philosophy has served these Sellers well” stated Jim Richards, President and CEO of Capio.
By signing this contract Capio Partners shows its commitment to be the premier late-stage Healthcare Collection Agency and Debt Purchaser in the UnitedStates. Consistent with the company’s strategy, this purchase represents the continued growth of buying direct from sellers and acquiring portfolios from previous debt buyers.
About Capio Partners, LLC
Capio Partners, LLC is considered to be one of the premier healthcare debt purchasers in the industry. As the pioneers of Complaintless Collections™, Capio Partners coordinates the hospital’s patient-centered culture with its fiscal need for a profitable and predictable cash flow. With a 35-year track record in the healthcare receivables industry, Capio Partners delivers results while keeping hospitals compliant with CMS Regulations. Capio Partners is headquartered in Atlanta, Georgia with operations in Sherman, Texas.