USCB America Merges with RevSolve, J&L Teamworks
The Los Angeles-based ACA International member company is growing its footprint in the industry through partnerships with longstanding agencies.
3/9/2018 8:00 AM
USCB America recently completed a merger and acquisition of RevSolve Inc. and J&L Teamworks, two healthcare-related industry leaders.
RevSolve, a Scottsdale, Ariz.-based company founded in 1964, was once known as Collection Service Bureau Inc., led by Chris Becraft. The ACA member company was rebranded as RevSolve, a firm that prides itself on being “the best-in-class revenue solution for healthcare providers,” according to a press statement released by the USCB America.
J&L Teamworks, also an ACA International member company, was established in 1990 in Lodi, Calif., as a receivables management services firm that works with hospitals, medical groups, clinics and physicians. The company, which was previously privately owned and managed by two business partners, is now part of USCB’s family of employee-owned companies.
“In today’s fast-paced and competitive environment, it becomes critical to look for avenues to retain tenured and successful employees and to broaden the services offered to our business partners,” Albert Cadena, USCB America’s CEO and president, said in the news release.
Meanwhile, Becraft shared his resolution for the future of the company.
“In deciding the next chapter of our 53-year-old company, we looked for a partnership that could bring further depth to our healthcare revenue cycle services, a commitment to expand our presence in Arizona, and a culture that compliments ours and that of our clients,” Becraft said. “We nailed every criterion. We are also proud to now be a 100 percent employee-owned company as part of this merger, which is a tremendous benefit to current employees and a huge competitive advantage to acquiring the best talent for the future. We couldn’t be more delighted to part of the USCB America family of companies.”
RevSolve and J&L Teamworks join a host of proud Employee Owners at USCB America, who offer a full enterprise of healthcare revenue cycle and management solutions, according to the news release. USCB America has been in business for over 100 years and has been an employee-owned company for almost two decades.
ACA International welcomes news on member and industry merger and acquisitions. Send news release submissions Attn: Katy Zillmer to email@example.com.
Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to firstname.lastname@example.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse. Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training website to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.