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Clearwell Group and Encoda Complete Successful Add-On Acquisition of MedCo

This story was originally published at PR Newswire

TAMPA, Fla., June 13, 2017 /PRNewswire/ -- Encoda LLCdeveloper of patented technology that powers the nation's most innovative and efficient medical business offices, has acquired the revenue cycle management services division of Tampa, FL-based MedCo Data, LLC. This acquisition offers the joint companies, and their clients, immediate benefits as they synergize to help medical groups and billing service providers improve their revenue cycle performance.  With the acquisition, Encoda moves its national headquarters to Tampa, FL and will maintain its software development and technical support office in Blue Bell, PA and its RCM services office in Carrollton, GA.

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Danny Rohrdanz
Clearwell Group Provides Capital to Encoda for Continued Growth

Clearwell Group is delighted to announce it has partnered with the management team of Encoda (the “Company”) to provide capital for continued growth. Headquartered in Tampa, FL, with offices in Blue Bell, PA, and Carrollton, GA, Encoda is a leader in healthcare reimbursement automation.  The Company is focused on enabling its medical provider clients to collect the most amount of money, in the shortest amount of time, as cost effectively as possible.

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Danny Rohrdanz