ABCT

What ABCT does

ABCT, Inc. is a privately held healthcare management services company headquartered in Roseburg, Oregon, founded in the early 1980s by Dr. Harold Anderson and Dr. Babbitt, originally as a mobile CT imaging venture in Douglas County. The company has since evolved into an outsourced back-office and revenue cycle management partner for healthcare providers — including individual physician offices, clinics, multi-specialty practices, and ambulatory surgery centers — and separately for third-party administration (TPA) clients. Its service portfolio spans medical claims processing, billing and collections (enrollment verification, ICD-10/CPT/HCPCS coding, charge entry, cash posting, reconciliation, accounts receivable collections), full-cycle accounting, payroll, human resources, property and facility management, operations leadership, marketing strategy, and business development support. ABCT also manages two associated operating entities — Island Medical Staff & Billing, LLC (IMSB) and Harvard Billing & Staffing Services (HBSS) — through shared general management.

On the technology side, ABCT processes claims on the Plexis Claims Manager platform (in use since 2003) and has developed proprietary utilities for that platform that increase automation, speed, and accuracy of claims work; these utilities are also commercially marketed to other Plexis users under license. A second proprietary system provides contract-to-adjudication integration with legacy data conversion capabilities. ABCT cites five-plus years of quarterly internal audits averaging 99.6% claims payment accuracy, together with HIPAA-compliant operations and a 24/7 third-party compliance hotline (via Lighthouse Services, Inc., since March 1, 2016) as core operational differentiators.

Revenue is generated primarily through ongoing managed-services fees from healthcare providers and TPA engagements across the Pacific Northwest and the US Territory of Guam, supplemented by one-time software license revenue from the sale of Plexis platform utilities. The go-to-market is sales-led and referral-driven, with a regional direct-sales motion targeting healthcare operators facing hiring constraints or part-time specialized needs. ABCT operates with 51–100 employees, is privately held with no disclosed external investors, parent company, or M&A activity, and is led by an experienced team including CEO Knut Torvik and COO Michele Torvik (both Thunderbird MBAs, 30+ years of cross-industry experience), Chairman Dr. Harold Anderson, and Quality and Compliance Officer Rod Dickson.

Name

ABCT

Legal name

ABCT, Inc.

Website

https://abctservices.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

51–100 employees

Short description

ABCT is a Roseburg, Oregon-based managed services firm that provides outsourced medical claims processing, billing and collections, and full back-office operations (payroll, HR, accounting, facility management) to healthcare providers and TPA clients across the Pacific Northwest and Guam.

Ownership category

akta.pro rank

Product category

Healthcare Revenue Cycle Management

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Collection Agencies (561440)

SIC

Services-Health Services (8000), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Charge Capture & Clinical Documentation Improvement (CDI) for Billing (HLACACAF)

akta.pro secondary industry

Medicare Plan Administration & Third-Party Services (TPA/BPO, Enrollment, Billing) (FSAIAGAI)

Keywords

• Medical claims processing
• Healthcare revenue cycle
• Medical billing services
• Third party administration
• Healthcare management services

Headquarters

HQ city

Roseburg

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Management Services: ABCT provides comprehensive management and back-office services to healthcare providers including claims processing, billing and collections, bookkeeping, payroll, human resources, property management, operations leadership, and business development. Revenue is generated through ongoing service fees for managed operations.
2. Software Licenses and Utilities: ABCT develops and sells utilities for Plexis Claims Manager users. These evaluation programs can be purchased with a license key enabling full functionality.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

ABCT provides medical claims processing, billing and collections, and comprehensive back-office management services to healthcare providers such as physician offices, clinics, multi-specialty practices, and ambulatory surgery centers. Offerings include enrollment verification, coding (ICD-10, CPT, HCPCS), charge entry, cash posting, reconciliation, accounts receivable collections, accounting, payroll, HR, property and facility management, operations leadership, and third-party administration of healthcare claims. The company also develops and licenses proprietary utilities for the Plexis Claims Manager platform.

Product overview

ABCT offers a suite of healthcare management services centered around claims processing and administration software. The core software portfolio includes proprietary utilities for Plexis Claims Manager users and a custom claims adjudication integration system. ABCT provides professional medical billing services (enrollment verification, coding, billing, charge entry, cash posting, reconciliation, and collections) along with comprehensive management and operations support including accounting, payroll, and facility management. The company also manages two entities—Island Medical Staff & Billing, LLC (IMSB) and Harvard Billing & Staffing Services (HBSS)—that operate alongside its direct service offerings. Founded in the early 1980s from a mobile CT scanner venture, ABCT has expanded into third-party administration services since the mid-1990s.

Differentiator

Problem solved

Functional benefit

Products and services

• Medical Billing Services
• Management & Operations Services
• Third Party Administration Services
• Plexis Claims Manager Utilities
• Proprietary Claims Adjudication Integration System

Quantifiable outcome

• 99.6% average claims payment accuracy over five years of quarterly audits

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Lighthouse Services, Inc.minorOthers · 1 March 2016ABCT contracts Lighthouse Services, Inc. to maintain a 24/7 Compliance Hotline since March 1, 2016. The hotline allows workforce members and others to anonymously and confidentially report compliance concerns to an independent third party vendor.
• Plexis Healthcare SystemscoreTechnology or IntegrationABCT has used Plexis Healthcare Systems software for claims processing since 2003. ABCT's programming department has developed proprietary utilities available for evaluation and purchase by other Plexis Claims Manager users.
• Island Medical Staff & Billing, LLC (IMSB)coreOthersABCT manages Island Medical Staff & Billing, LLC (IMSB), one of two entities managed by ABCT with Toni Rodley serving as General Manager. This is part of ABCT's management services portfolio.
• Harvard Billing & Staffing Services (HBSS)coreOthersABCT manages Harvard Billing & Staffing Services (HBSS), one of two entities managed by ABCT with Toni Rodley serving as General Manager. This is part of ABCT's management services portfolio.

Scale indicators3 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• PracticeMax: PracticeMax is a privately held, multi-service RCM and medical billing company serving physician practices and ambulatory providers — directly comparable to ABCT in customer segment, service breadth, and ownership profile.
• Aviacode: Aviacode provides medical coding, billing, and RCM services to hospitals, physician groups, and payers, with a services-plus-software offering very similar to ABCT's combination of claims processing and Plexis utilities.
• M-Scribe: M-Scribe delivers medical coding, billing, and practice management services to small and mid-sized medical practices — overlapping customer profile and similar service composition to ABCT's medical billing line.
• Coronis Health: Coronis Health is a mid-sized RCM and healthcare billing services firm serving provider groups and payers with back-office and claims administration offerings, comparable in scale and service mix to ABCT.
• The SSI Group: The SSI Group provides healthcare claims management, EDI clearinghouse, and revenue cycle services to payers and providers — closely aligned with ABCT's claims processing and third-party administration capabilities.
• Infinx: Infinx combines RCM services (billing, coding, A/R follow-up) with technology platforms for healthcare providers and payers — a strong functional analog to ABCT's blend of services and Plexis-based tooling.
• AdvantEdge Healthcare Solutions: AdvantEdge offers end-to-end medical billing, coding, and practice management services for physician groups, ambulatory surgery centers, and specialty practices — overlapping ABCT's core customer verticals and service lines.
• HealthCare Administrative Partners (HCA): HCA is a regional, privately held RCM and practice management firm focused on specialty physician groups — similar in customer profile (specialty practices, ASCs) and ownership/scale to ABCT.

Broad incumbents

• Plexis Healthcare Systems: Plexis is ABCT's core technology partner and a broader incumbent in the claims processing platform market — comparable because it both competes with and enables ABCT's services, and its product direction materially shapes ABCT's offering.
• Waystar: Waystar is a large, established healthcare revenue cycle technology platform serving hospitals, health systems, and physician practices — a broader incumbent whose cloud RCM suite competes for the same provider customers ABCT targets with a services-led model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kingsbridge-professional-solutions

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ABCT