Preferred Payment Systems logo image

Preferred Payment Systems

Details

Sector(s) | Subsector(s) Healthcare | Healthcare Providers, Payor / Payor Services
Investment Year 1996
Status Past | Acquired by Concentra Managed Care, Inc.
Location Naperville, IL
Region North America

Preferred Payment Systems provided medical bill review services and preferred provider discount services to healthcare payors.

Preferred Payment Systems was acquired by Concentra Managed Care, Inc. (NASDAQ: CMC) in February 1998 and was renamed Concentra Preferred Systems. The company became a leading outsource provider of specialty bill review services for the health insurance industry.