MedLink International Acquires CNI Medical Coding & Recovery, Inc.

MedLink International, Inc. announced this week that it has closed on the acquisition of CNI Medical Coding & Recovery, Inc., a medical billing and recovery company that provides services to physicians offices and clinics.

CNI specializes in re-gaining the revenue and subsequent profits its clients practices are entitled to, utilizing electronic claims and personalized reimbursement strategies. With its experience in assigning proper coding to diagnoses and procedures, CNI receives the financial reimbursement correctly from insurance companies and government agencies that approximately 25% of medical practices across America are only receiving 70% on due to under coding, missed charges, and un-reimbursed claims.

Ray Vuono, CEO of MedLink International, Inc., said, “We are very excited about the acquisition of CNI. CNI adds billing capabilities that we believe can help us expand the services and solutions that MedLink International offers its clients. In addition, CNI will enable us to expand our client base and enter new markets. The CNI team is experienced in creating medical coding and recovery solutions for the medical community and provides the quality MedLink clients expect. Its management and solutions-set will be a real strength as we continue to enhance our ability to better serve the medical community. The acquisition provides MedLink the advantages of combining technology with service into an integrated solution that delivers more to the customer. We believe this combining of technology with service gives us a major competitive advantage over most medical billing companies and our Health IT competitors.”