About MRG
MRG is a Healthcare company based in Atlanta (United States) founded in 1998, and was acquired by EqualizeRCM in June 2025. Revenue cycle management services are provided by MRG since 1998. The company has 1,595 employees. Its chief executive, as recorded, is Randy Penberg. MRG offers products and services including Medical Billing, Hosted Software, Practice Management Consulting, Coding and Compliance Review, and Provider Credentialing. Its focus areas include Services for Healthcare Providers, BPO and Revenue Cycle Management. Its legal entity is MEDICAL MANAGEMENT RESOURCE GROUP, LLC. Its competitors include Performant Financial, Adonis and CorroHealth; 1 of its 3 listed competitors has raised funding.
Company details
MRG was founded in 1998 and is headquartered in Atlanta, United States. Revenue cycle management services are delivered by the company to support healthcare organizations with billing, claims processing, and financial operations. Focus is placed on streamlining revenue workflows for efficiency. The firm operates primarily in the healthcare sector, with leadership provided by CEO Randy Penberg. Expansion has been noted in service offerings over the years.
- Headquarters Atlanta, United States
- Employees 1,595
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website mrgllc.net
- Social LinkedIn
- Acquired by EqualizeRCM (Jun 2025)
- Legal Name Medical Management Resource Group, Llc
- Investors
- Employee Count1,595
- Acquired byEqualizeRCM
(Jun 2025)
Products & Services of MRG
MRG offers a comprehensive portfolio of products and services, including Medical Billing, Hosted Software, Practice Management Consulting, Coding and Compliance Review, and Provider Credentialing.
Customized service for managing healthcare revenues and collections.
Cost-effective updates via software timeshare for practice efficiency.
Full range of advice for healthcare business operations.
Reviews to enhance revenue and minimize compliance risks.
Assistance with insurance applications for healthcare providers.
Tailored solutions for various healthcare organizational needs.
Funding Insights of MRG
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of MRG with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2019 | Private Equity Round | – | EqualizeRCM | – |
1 investors in total: 1 institutional.
Investors in MRG
MRG has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include EqualizeRCM.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Revenue cycle management solutions are delivered online for healthcare. | 2009 | equalizercm.com | Austin, United States |
Investor details for MRG
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People of MRG
2 people are tracked at MRG (2 in leadership); the tracked headcount is 1,595.
| Name | Role | Group |
|---|---|---|
Randy Penberg | CEO | Leadership |
Nancy Mealor | Chief Operating Officer | Leadership |
Complete people profiles for MRG
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Timeline of MRG
3 dated milestones of MRG across 27 years, from founding to its latest funding, stage changes and deals.
- Founded MRG is founded.
- Funding First funding round.
- Exit Acquired by EqualizeRCM.
Competitors of MRG
MRG has 3 listed competitors in our database, 1 of them funded. They include Performant Financial, Adonis and CorroHealth.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| performantcorp.com | 1976 | Livermore, United States | 1,023 | Recovery solutions for government obligations are provided by Performant Financial. | ||
| adonis.io | 2022 | Manhattan, United States | $53.9M | Adonis is focused on healthcare revenue cycle management software. | ||
| corrohealth.com | 2020 | Plano, United States | 8,022 | Healthcare revenue cycle management services are delivered to providers. |
Detailed competitors of MRG
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Top companies in Healthcare Provider Support Services
3 companies that operate in the same segment as MRG (Healthcare Provider Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of self funded health plan | 2017 | New York, New York, United States | USD 224 M | 212 | ||
Provider of AI solutions for clinical, operational, and business outcomes | 2005 | Princeton, New Jersey, United States | USD 1.13 B | USD 465.22 M | 5,442 | |
AMN Healthcare is recognized as a leading healthcare staffing provider. | 1985 | San Diego, California, United States | USD 2.73 B | 2,970 |
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Related news about Mrg
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Frequently Asked Questions about MRG
MRG was founded in 1998 and raised its 1st funding round 21 years after it was founded.
MRG is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Randy Penberg is the CEO of MRG, as recorded in our data.
MRG has 1,595 employees.
MRG was founded in 1998 and is headquartered in Atlanta, United States. Revenue cycle management services are delivered by the company to support healthcare organizations with billing, claims processing, and financial operations. Focus is placed on streamlining revenue workflows for efficiency. The firm operates primarily in the healthcare sector, with leadership provided by CEO Randy Penberg. Expansion has been noted in service offerings over the years.
MRG's top competitors include Adonis, Performant Financial and CorroHealth.
MRG offers Medical Billing, Hosted Software, Practice Management Consulting, Coding and Compliance Review, and 2 more products and services.
MRG has 1 investor. Key investors include EqualizeRCM.
MRG operates through Medical Management Resource Group, Llc.
Yes. MRG was acquired by EqualizeRCM in June 2025.