FOR IMMEDIATE RELEASE
July, 2007
Knoxville, TN - Receivables Management Bureau, Inc., a Tennessee-based Healthcare Receivables Management firm, has announced the relocation of its Healthcare Outsourcing Division to 318 Nancy Lynn Lane in Knoxville.
Receivables Management Bureau, founded in 1993, manages accounts receivable for healthcare providers. Receivables Management Bureau’s Outsourcing Division provides A/R outsourcing services to Healthcare providers around the country. The firm manages approximately $500,000,000 a year in accounts receivables for healthcare providers.
Neil Koonce, company president, credits the company’s growth and recent corporate restructuring as the reason for the relocation of the Outsourcing Division’s operations. The company also has a Recovery Division (RMB, Inc.) that provides delinquent collection services. Between the two divisions they employ approximately 100 employees in Knoxville.