Aquiline Capital-backed National Medical to acquire MedTek.

Aquiline Capital-backed National Medical, an healthcare revenue cycle management company, agreed to acquire MedTek, a provider of RCM solutions to ambulatory surgery centres, hospitals, clinics, and specialty groups nationwide. Financial terms were not disclosed. "We are constantly evaluating strategies to add value for clients, and we are ecstatic to partner with the MedTek team to further expand our offering. MedTek brings unmatched, ASC-specific medical transcription, surgical coding, and related revenue cycle software and services, which are all extremely complementary to National Medical's existing portfolio. By combining our organizations, we're able to further enhance our client's financial profile by improving their working capital position while maximizing reimbursement – simply put, without sacrificing compliance, we want our clients to get paid more, and get paid faster," Nader Samii, National Medical CEO.