ROI Vendors Expand Via Acquisitions

Two vendors offering outsourced release of information services for provider organizations have made recent acquisitions.

MRO Corp. in King of Prussia, Pa., has acquired the assets of Keystone Management Solutions, a Malvern, Pa.-based vendor of complementary services. Terms were not disclosed. The buy increases MRO's market share in Pennsylvania, Massachusetts and Louisiana. More information is available at mrocorp.com.

IOD Incorporated in Green Bay, Wis., expanded beyond ROI in February by acquiring Automated Document Solutions, a Mount Dora, Fla.-based document imaging and management vendor. Now IOD has bought Medical Executive Coding & Auditing and its affiliated RAC consulting company, Health Sciences Institute, for an undisclosed sum. The Philadelphia-based company also brings to IOD clinical abstraction, health information management consulting, and ICD-10 education and training services. More information is available at iodincorporated.com.

--Joseph Goedert