Thursday, July 25, 2013
Kareo Buys Medical Billing Company
Irvine-based Kareo, which develops cloud-based software for medical office practice management, has acquired a provider of medical billing services. According to Kareo, it acquired ECCO Health, which it says has been providing medical billing services for the last decade in Las Vegas. Financial details of the buy were not announced. Kareo said it will use the buy to bolster its Kareo Billing Services product, which it says now provides medical billing serves to over 500 medical practices nationwide. As partof the acquisition, Kareo has offered employment to all of ECCO's employees.