HBCS

About HBCS

In 1984, Hospital Billing & Collection Service, Ltd., known as HBCS, was founded in New Castle, Delaware. The company was established to address the complex landscape of healthcare revenue cycle management. Its core business focused on providing customized solutions for patient registration and insurance reimbursement, helping healthcare providers navigate the financial side of their operations. HBCS developed a technology-enabled platform designed to streamline billing processes and improve financial outcomes for its clients. Over the decades, the company built a strong reputation, serving over 75 hospital and physician groups across the United States. This dedication resulted in remarkable client loyalty, with an average relationship tenure of 10 years. A pivotal moment in the company's journey occurred in June 2024. HBCS was acquired by Med-Metrix, a technology and services firm also in the revenue cycle management space. The acquisition, facilitated by Ziegler, aimed to enhance Med-Metrix's end-to-end service offerings by integrating HBCS's expertise in patient financial services. Brian Wasilewski, the President and CEO of HBCS at the time, noted that joining forces with Med-Metrix would better position the combined entity to meet client needs and build upon the successes HBCS had achieved over its long history.