Press/News | December 13, 2023

Elevate Patient Financial Solutions® Acquires Professional Medical Services

Houston, Texas — Elevate Patient Financial Solutions®, a proven leader in outsourced revenue cycle management services for more than 40 years, announced the acquisition of Professional Medical Services, after a year-long, successful partnership with them.

“Professional Medical Services has a long history of success and shares our belief in high-quality performance, strong delivery on promise, and great customer service,” said Michael Shea, Chairman and CEO of ElevatePFS. “The addition of their expertise and market presence further expands our A/R services offering and allows us to deliver more value to our clients and their patients and strengthens our reputation as a trusted RCM partner.”

A healthcare RCM company founded in 1991 and based in Fort Worth, Texas, Professional Medical Services provides hospitals with accounts receivable services, including market-leading low balance insurance follow-up. This unique solution combines deep A/R expertise of their teams with specialized proprietary workflow technology to efficiently resolve low balance claims and optimize revenue recovery.

“My partner, Kelly Mitchek, and I have chosen for Professional Medical Services to join ElevatePFS because the company is a trusted RCM industry leader that delivers exceptional results for health systems and their patients,” said James Dressman, President of Professional Medical Services. “Kelly and I are both excited to join their executive team, a group we’ve known for quite some time. ElevatePFS has a long history of treating employees and clients well.”

About Elevate Patient Financial Solutions® 
Elevate Patient Financial Solutions® is a proven partner that delivers superior RCM solutions to hospitals, health systems, and healthcare providers nationwide. For more than four decades, ElevatePFS has been developing and continually refining best-in-class services and innovative, specialized technology to address the most complex challenges of the revenue cycle.

ElevatePFS offers unmatched industry experience, service-specific expertise, and a commitment to continually improve and deliver elevated results for clients. The company’s services include Eligibility & Disability Enrollment, Third Party Liability, Workers’ Compensation, Veterans Administration, COB Denials, Out-of-State Eligibility, Self-Pay, and A/R Services, including High and Low Balance A/R projects, Zero Balance Payment Recovery, Legacy Receivables and Extended Business Office engagements.

With in-depth, state-specific knowledge and a coast-to-coast presence, ElevatePFS delivers exceptional performance and an unmatched client experience. To learn more about ElevatePFS, visit ElevatePFS.com.

About Professional Medical Services
Professional Medical Services is a trusted provider of accounts receivable services for healthcare organizations. For over 30 years, the company has operated with one goal in mind: to offer healthcare providers the best possible third-party small balance outsourcing services. This has been the goal since Professional Medical Services opened on July 1, 1991, and the company attributes its decades of success to consistent devotion to this mindset.