DEERFIELD BEACH, FL ? Premium Assets Recovery Corporation (PARC) announced today that it has completed the purchase of three portfolios totally over $200 million.
The first portfolio contains aged accounts for four hospitals operated by a faith based hospital group. These facilities have a total licensed bed count of over 750 beds and are located on the east coast.
The second portfolio is comprised of aged accounts from for profit hospital in the state of Texas. This facility is licensed for 181 beds and provides an extensive outpatient operation outside the hospital.
The final portfolio represents an ER physician staffing and billing company that provides services to large metropolitan hospitals in the southwest.
PARC completed all three of these transactions in the past 30 days.
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