Tag: Jim Knight
ACU-Serve ‘speeds up’ growth
October 20, 2023Liz Beaulieu, Editor
AKRON, Ohio, and PHILADELPHIA – ACU-Serve’s significant investment from Lovell Minnick Partners will allow Founder and CEO Jim Knight to take the revenue cycle management company to the next level, he says.
ACU-Serve announced on Oct. 19 that LMP, a private equity firm that has raised about $4.75 billion of committed capital since 1999, will invest in the company through its affiliated funds, Lovell Minnick Equity Partners V and V-A. As part of the transaction, Scott Bagwell,...
ACU-Serve gets PE backing
October 19, 2023HME News Staff
PHILADELPHIA – ACU-Serve has received a majority growth investment from Lovell Minnick Partners, a private equity firm focused on financial services, business services and financial technology companies.
The partnership will allow ACU-Serve, founded in 1993, to expand its suite of comprehensive solutions, accelerate technology innovation and make acquisitions.
“We share a common goal of not only growing our business but also strengthening our relationships with our clients,”...
ACU-Serve, ECS North marry technology, talent
September 2, 2022Liz Beaulieu, Editor
AKRON, Ohio – ACU-Serve’s acquisition of ECS Billing & Consulting North gives the company a high-profile foothold in consulting and training, says CEO Jim Knight.
As part of the deal, Sarah Hanna will join ACU-Serve as vice president of consulting services, as will Kit Shellhouse, both frequent speakers at HME industry events.
“We’re really a full-service provider, with one exception: We don’t do consulting services,” Knight said. “So,...
ACU-Serve zeroes in on strategy
November 5, 2021Liz Beaulieu, Editor
AKRON, Ohio – ACU-Serve’s recent acquisition of Professional Medical Administrators better positions the company to “help grow and support” smaller HME providers amid another wave of consolidation in the HME industry, says CEO Jim Knight.
Knight says ACU-Serve has lost “some of our bigger customers” due to consolidation, including Aerocare, which was acquired by AdaptHealth, and now, with Pro-Med, it is better positioned to offer leading-edge technology,...
ACU-Serve grows with right sourcing
May 9, 2014Liz Beaulieu, Editor
CUYAHOGA FALLS, Ohio - ACU-Serve has responded to rampant consolidation in the HME industry by revamping its business model.When a provider signs on to have its billing outsourced to ACU-Serve, the company now offers to take over its billing staff, train them and put them to work on that and other accounts. This positions ACU-Serve to better meet the needs of increasingly larger providers.“Doing it this way allows us to have the people we need when we need them,” said Jim Knight, CEO....
The Audit Team, ACU-Serve formalize partnership
March 10, 2014HME News Staff
CUYAHOGA FALLS, Ohio - The Audit Team has partnered with ACU-Serve to provide billing audits and appeals consulting services, and government compliance help. “It is impossible for dedicated HME/DME companies to both serve patients and adapt procedures every time a law or insurance policy is changed,” said Stephanie Green, general counsel and chief consulting officer for The Audit Team, in a release. In February, ACU-Serve co-founder Jim Knight stepped into the role of CEO and announced...