SOURCE: Revenue Cycle Billing Services, Inc.

Revenue Cycle Billing Services, Inc.

October 26, 2010 12:51 ET

RC Billing Recognized for Growth in Oncology Billing Services Market

AUSTIN, TX--(Marketwire - October 26, 2010) -  Local company Revenue Cycle Billing Services, Inc. (RC Billing) has been recognized by the Austin Business Journal as the 13th fastest growing company in Central Texas. RC Billing showed AGR Compounded Growth in 2007-09 of 59.98%. Ranking was based on demonstrating annual net revenue for the past three fiscal years of more than $500,000. Of the 50 companies selected for this award, RC Billing was one of 25 in the $500,000 to $9,999,999 category. The other 25 companies recognized were in the $10 million-plus category.

All companies named are independent, privately held corporations, proprietorships or partnerships headquartered in the Central Texas, 5-county area. RC Billing specializes in physician healthcare billing and collections for medical and radiation oncology. CEO Ron DiGiaimo said, "The key to our growth has been consistency with high quality deliverables, responsiveness and customer satisfaction. For 2011, we are targeting at least an additional 25 percent growth."

DiGiaimo went on to acknowledge that RC Billing's biggest challenge will continue to be the changing reimbursement environment due to changes made in Washington DC in regards to Medicare. He is also mindful that as the company continues to grow, finding enough qualified or trainable staff that meets the Company's standards could pose ongoing challenges but this is possible due to the company's internal training program.

RC Billing assists oncology professionals with reimbursement, coding and billing services. This singular focus allows them to help oncology practices spend more time directly on patient care, and allows RC Billing to ensure billing and coding is complete and accurate. RC Billing is comprised of financial experts with medical backgrounds. For more information, please visit www.rcbilling.com.

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