Pollux Systems, a revenue cycle management provider, will acquire Phoenix Imaging in a move to expand its digital information management capabilities.
Phoenix Imaging offers systems and technology that digitize paper-based documents into computer files and electronic systems.
Pollux technology division president Jeff McGowan said the acquisition furthers the company's strategy to expand its financial services footprint into other markets, including financial institutions, school systems and government agencies. Pollux currently provides revenue cycle management, medical billing and consulting services within the healthcare industry.
"Phoenix has had a rich tradition and long term success in offering its markets sophisticated software systems and optimal document management performance," said Paul McGowan, CEO of Pollux. "The Phoenix acquisition fits squarely into our strategy of providing our markets with a one-stop solution, integrating state of the art technology with advanced expertise."