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GeBBS Secures Two Large BPO Deals in June 2007

ChrysCapital-backed GeBBS Healthcare Acquires Aviacode

GeBBS Healthcare Solutions, a leading provider of healthcare outsourcing solutions, announced that it has signed contracts with two of the largest Revenue Cycle Management companies in June 2007.

On this occasion, Nitin Thakor, President and CEO of GeBBS said, “Both these represent large BPO deals, with each having a realistic potential of generating revenue of over $1 million/year! These are key accounts for us and as with all our existing clients; we shall strive to be business partners for these companies, not mere vendors.”

These wins include: a) a publicly traded billing company, providing a combination of technology and business process services to Physicians across the nation and, b) a large provider of Accounts Receivable Management (ARM) and related services to physician groups. GeBBS will be assisting both new clients with their support services for collecting on receivables and other RCM-related processes.

“These are large RCM companies and serve as an indicator that GeBBS has arrived at a stage where we can partner with the Top 25 companies in the industry and expertly assist them with their RCM service requirements. We have invested significantly in our infrastructure and this scalability has allowed us to more than double our staff strength in just one year! Clients like this symbolize the fruits of our planning and preparation,” Mr. Thakor exclaimed.

About GeBBS
GeBBS is an ISO 9001:2000 certified provider of a full range of Revenue Cycle Management (RCM) services, including Accounts Receivable Management (ARM); and related healthcare administrative services. We are based in Englewood Cliffs, New Jersey and own and operate two (2) Offshore Delivery Centers in Mumbai, India. We recently launched our Virtual RCM TM model, where GeBBS can offer assistance in any service within in the RCM cycle that is not ‘customer facing.’

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