1/16/2003

InterPro acquires Physician Management Group (PMG)

InterPro of Rockville, Maryland is pleased to announce the acquisition of Physician Management Group (PMG) of Richmond VA. InterPro ( www.interprobps.com ) is a leading global business processing outsourcing organization and offers services such as medical transcription, coding, accounts receivable management, third party billing, call center solutions, document imaging, and IT Solutions.

PMG is a leading provider of services focused toward pathology, radiology, radiation oncology and labs. PMG was established on 1993, has a proven track record of excellent customer service and revenue growth since its inception.

Nandan Setlur, Division President of InterPro Medical Solutions commented " The combination with PMG is a key strategies move in the healthcare segment of our business. I have been very impressed with the quality of the PMG team and am very excited about future growth in the revenue cycle management segment of our business.

James Larsen, Vice President with PMG added, "We have been very impressed with InterPro's strategy and commitment to quality service. PMG looks forward to offering our clients InterPro's additional resources and services.

Richard Drake, Vice President InterPro commented, "PMG services combined with our current healthcare solutions extends our divisions platform of services. The demand for outsourced services with the healthcare revenue lifecycle is very strong and rising significantly each year. PMG provides billing solutions to increase healthcare providers revenues, increasing the speed of their collections and decreasing their costs.

Clients of PMG will see no change in their relationship as the current management team will not change. In the coming months InterPro will introduce new services and solutions to the PMG client base while upgrading and enhancing the PMG infrastructure.

For more information, please call James Larsen at 800-353-0789.