29 June 2005
Accarda is now branching out and offering billing services to healthcare providers. On 1 July 2005 it will be taking over Medipa AG in Pfäffikon (SZ), which - with 30 employees - is Switzerland's number two in the medical billing sector. The strengths of Accarda and Medipa are their market independence and financial power. The parties have agreed not to disclose details of the purchase price for Medipa.
Billag AG in Fribourg will now become a legal and operationally independent subsidiary of Accarda. With its staff of around 160, it will concentrate on the provision of billing services for public sector authorities. Since 1998 it has carried out payment collection on behalf of the Swiss Federal Government, thereby enabling the financing of public service broadcasting for radio and television. Billag is currently tendering a bid against its competitors to win the renewal of this mandate for another seven years.
The management of Accarda and Billag lies in the hands of Jürg Rötheli, who is a member of Swisscom Group Management and head of Related Businesses.
Berne, 29 June 2005