Charterhouse Group Partners with MTS Health Investors and Highlander Partners to Acquire Chamberlin Edmonds & Associates, Inc., a Leading Provider of Eligibility Services to...( NEW YORK June 5 /- Charterhouse G...),Health

NEW YORK, June 5 /PRNewswire/ -- Charterhouse Group, Inc. ("Charterhouse") a New York-based private equity firm that has backed entrepreneurs and supported growing middle-market companies since 1973, announced today that it has partnered with Highlander Partners ("Highlander") and MTS Health Investors ("MTS") to complete the acquisition of Chamberlin Edmonds & Associates, Inc. ("CEA" or the "Company"), the market leader in providing specialized eligibility determination services to America's hospitals.

CEA guides uninsured patients through complex application processes to secure government and community reimbursement for uncompensated medical care expenses. Specializing in federal and state disability programs, the Company primarily serves acute care hospital customers. Using an on-site, patient- centric approach supported by application resolution centers, CEA manages the entire eligibility determination process from initial patient referral through the post-application resolution process. Founded in 1986, the Company currently has contracts in 27 states and works claims nationwide through its regional network of resolution centers.

T. Ulrich Brechbuhl, Chief Executive Officer of CEA, stated, "Charterhouse is a firm with substantial experience in partnering with management teams of leading services companies. With the capital resources and industry knowledge from Charterhouse, Highlander and MTS, we are now positioned to generate substantial organic growth, expand our service offerings and pursue strategic acquisitions."

C. Taylor Cole, Jr., Partner at Charterhouse, stated, "Led by Ulrich and his exceptional management team, CEA provides tremendous value to its hospital customers. Without CEA's services, many hospitals would forego much needed financial resources that help sustain their ability to provide critical healthcare services to communities across the country. We are quite excited to help CEA continue its impressive growth, and w
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