Accountable Healthcare Holdings Corp. Acquires Medrec Inc.

Texas-based allied staffing company has four local branches and also services clients nationwide through its Travel Division.

San Antonio, TX, October 15, 2012 --(PR.com)-- In its largest transaction to date, Accountable Healthcare Holdings Corp., (“AHS”) a provider of quality healthcare staffing solutions, announced this morning that it closed on the purchase of San Antonio based Medrec Inc, a 30+ year old healthcare staffing and recruitment company that specializes in placing therapy skill sets to healthcare facilities and institutions across the nation.

“I am extremely pleased to announce the completion of the acquisition of Medrec. Medrec has a storied history of providing high quality services to their client base for over three decades. We plan to use Medrec as the platform to expand our diversification into several allied healthcare modalities. I’m also happy to note that the current management team will continue in place,” stated Robert J. Adamson, Chairman & CEO of Accountable Healthcare Holdings Corp.

“Medrec has been on a rocket ship posting double digit growth annually for the last 6 years. Syncing with Accountable is a perfect match of philosophy and talents and will significantly accelerate our growth trend. We are excited about expanding our service offerings to our terrific clients as well as providing more opportunity to our contract and internal staff," stated Medrec President, Peter Knight-Sheen.

Medrec Inc. represents AHS’ fifth acquisition in 2012 as the Company continues to execute its business plan of strategically blending start-up offices with scale acquisitions that are then integrated into the company’s growing national brand.

With local offices in San Antonio, Dallas & Houston, Texas and Denver, Colorado, Medrec’s therapy staffing business will serve as the foundation for AHS’ new Allied Division. Additionally, AHS plans to expand the therapy staffing services throughout its network of nurse staffing offices as well as adding other high demand specialty staffing modalities such as radiology pharmacy and clinical laboratory services, etc. over the next few months.

With over two centuries of combined experience between their Executive Management and Branch Teams, Accountable Healthcare Holdings Corp is a provider of quality healthcare staffing solutions. As one of the fastest growing healthcare staffing agencies in the country, AHS now has a local presence in Boca Raton, Clearwater, Jacksonville and Orlando, Florida, Houston and San Antonio, Texas, Albuquerque, New Mexico, Tulsa, Oklahoma, Portland, Oregon, East Brunswick and West Orange, New Jersey, Macon, Georgia and St Louis, Missouri.. The Company’s combined experience began in the '70s when healthcare staffing was just gaining recognition and momentum. Today, their teams bring together the experience and expertise of this dynamic industry as accountability and standards play an increasing role.
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MEDREC
Mario Ochoa
210-367-0949
www.medrec-pt.com
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