Access Capital provided a $400,000 credit facility to Intero Group Holdings, a provider of specialized talent and consulting to health systems across the United States, including remote medical coding, auditing, clinical documentation improvement (CDI) and revenue cycle management (RCM).
Intero was formed in 2015 by Paul Passaro and Philip DeBiasi and is based in Florida. In 2021, Intero also brought in industry veteran Ryan Moloney as national director to launch and lead a technology staffing vertical.
“Phil and I started Intero Group with our own savings. We knew finding a capital partner that was able to scale with us was imperative,” Passaro said. “We were referred to Access Capital by an industry colleague. It was refreshing to speak with a group who understood the staffing business and the challenges we face. The Access team has been flexible to our needs and has been great to work with. We know partnering with Access will position Intero for growth in 2022 and beyond.”
