In 2002, ClearLight attempted to purchase the division of a large collections company in partnership with Michael DiMarco, who was a senior executive from within the business. The parent company ultimately decided not to sell the division, but ClearLight remained in touch with Michael DiMarco. Later he approached ClearLight with a detailed vision for building a collections company, focused specifically on the healthcare market. ClearLight researched the proposed investment thesis in detail, and determined that the healthcare collections market was large, fragmented and underserved.

In 2004 ClearLight established an alliance with Michael DiMarco and set out to identify acquittition opportunities focused specifically on the healthcare market. Over a six-month period, we contacted 60+ collections companies and met in person with 15 prospective targets. We ultimately acquired two businesses to serve as the platform for our strategy of building a $100 million healthcare receivables management business.

Since then, The Outsource Group has successfully implemented new collections services, added many new clients, achieved strong organic growth in both revenues and profits, and more than doubled in size by acquiring and integrating additional collections companies. Management has hired several seasoned executives , including a CFO, SVP Sales and SVP Human Resources, in order to position the company for continued expansion and additional acquisitions.