MedAssist, LLC, a Firstsource Company, was founded in Louisville, Kentucky in 1989 by Michael A. Shea. The company was established to meet a growing hospital need to help patients through the process of applying for government medical assistance.

Today, MedAssist has grown to service over 1,000 healthcare providers nationally and has become a substantial leader in healthcare revenue cycle management. MedAssist service groups are locally staffed by personnel familiar with statewide regulations. These operations are supported by regional offices, a strong national infrastructure and the latest technology. MedAssist currently has 23 offices and more than 1,700 employees .

In May 2003, MedAssist gained an investment from RoundTable HealthCare Partners, an operating-oriented private equity firm solely focused on the healthcare industry. In August 2007, Firstsource Solutions Limited, a business process outsourcing firm, purchased MedAssist from RoundTable. For more information on Firstsource, please visit www.firstsource.com.