Ontario Systems, an ACA International affiliate member company in Muncie, Ind., recently announced it has acquired Columbia Ultimate Business Systems, an ACA affiliate member company in Vancouver, Wash.
By joining together two accounts receivables management market software and services experts, the acquisition will benefit both organizations' customers through expanded product offerings and access to an even broader set of compliance consulting services, according to a news release. In the future, Ontario Systems plans to offer add-on software and services to Columbia Ultimate's customers.
Ontario Systems provides revenue cycle management software and services to the healthcare market, counting five of the 15 largest and three of the top six best health systems in the U.S. as customers, actively managing more than $40 billion in receivables with its products. With 35 years in the government sector, Columbia Ultimate serves more than 100 state and municipal government customers in 27 states.
“Over the past 30 years, both companies have proven themselves as consistent innovators, attracting the best ARM customers in the space,” said Ron Fauquher, president and CEO of Ontario Systems in the news release. “We have always respected Columbia Ultimate as an organization who puts its people and customers first. We welcome their team to the Ontario Systems family, and we're excited about the expanded growth opportunities that await us as a result of Columbia Ultimate's leading position in the state and municipal government markets.”
“Finding a partner who is as committed to client service and employee culture as Columbia Ultimate was our priority, and we found this shared philosophy in Ontario Systems,” said Fred Houston, former president and CEO of Columbia Ultimate and current VP at Ontario Systems in the news release. “Beyond the people, I'm confident our customers will benefit from several of the Ontario Systems product and services offerings, helping move their businesses forward.”