ZOLL® Medical Corporation, an Asahi Kasei Group Company that manufactures medical devices and related software solutions, today announced it has recently acquired Payor Logic™ Inc., a privately held company that specializes in accounts receivable (A/R) software solutions for the healthcare industry.
“In today’s environment, healthcare organizations must consider the bottom line across their operations,” said Alex Moghadam, President of ZOLL Data Systems. “We’ve always delivered better efficiencies to our customers, but with Payor Logic technology, our customers will see unprecedented improvement on their bottom line. Some customers have increased total payments by over 110 percent, and improved claim processing throughput by 88 percent. With this acquisition, ZOLL can bring that level of A/R efficiency to hundreds of organizations across the healthcare spectrum, offering better financial performance, freeing up capital to reinvest in their operations and ultimately providing better patient care.”