MTS Health Investors has made an equity investment in Trust Healthcare Consulting Services, a provider of outsourced coding and health information management consulting services to US hospitals, physician groups, and healthcare systems.
TrustHCS’s primary services include remote medical coding, coder education, clinical documentation improvement, and coding audit and compliance services for hospitals and physician practices. The company is headquartered in Springfield, MO (www.trusthcs.com).
“The TrustHCS management team has built an exceptional business,” said MTS Managing Director, Alex Buzik. “The company is widely regarded as an industry leader in the outsourced coding space, and consistently recognized by their customers for their quality and service. We look forward to providing additional resources to assist in their continued growth.”
MTS Health Investors specializes, as their name would imply, in investing in companies within the healthcare industry. Sectors of specific interest include providers of direct medical services to patients in an institutional, ambulatory, or home setting; providers of managed care and other healthcare insurance services; distributors of medical products; and manufacturers of low-technology medical devices and supplies. MTS Health is based in New York (www.mtshealthinvestors.com).
“This partnership with MTS will enable our growth strategy and enhance the value we deliver to our clients. MTS has a deep understanding of our industry and its strong network of relationships will augment our capabilities and support us in expanding our market share,” said TrustHCS President, Torrey Barnhouse.
© 2015 PEPD • Private Equity’s Leading News Magazine • 9-29-15
