CEO of The Outsource Group Named Winner of Ernst & Young Entrepreneur of the Year 2011 Central Midwest

The Outsource Group, a leading health care revenue cycle management firm, last week announced that Michael A. DiMarco, CEO, received the Ernst & Young Entrepreneur Of The Year® 2011 Central Midwest Award in the Health Care Services category.

According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. DiMarco was selected by an independent panel of judges, and the award was presented at a gala event at the Sheraton in Overland Park, Kansas June 7.

“Our cause is to assist hospitals recapture revenue for services they’ve provided, so they can continue with their core mission, which is to provide healthcare to the communities they serve,” said DiMarco.  “The Outsource Group streamlines the process for them and offers an integrated, end-to-end solution.”

The Ernst & Young Entrepreneur Of The Year Awards Program celebrates its 25th anniversary this year. Past award winners have included Howard Schultz of Starbucks Coffee Company, Arthur M. Blank of AMB Group, LLC (Home Depot, Atlanta Falcons), Pierre Omidyar of eBay, Inc., Ruth Fertel of Ruth’s Chris Steak House, Inc., Maxine Clark of Build-a-Bear Workshop, Tom Adams of Rosetta Stone Inc., Matt Szulik of Red Hat, Inc., and last year’s national winner, Howard Lutnick, Chairman and CEO of Cantor Fitzgerald and BGC Capital Partners, Inc.

As a Central Midwest award winner, DiMarco is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2011 National Award. Award winners in several national categories, as well as the overall Ernst & Young Entrepreneur Of The Year National Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 12, 2011. The awards are the culminating event of the Ernst & Young Strategic Growth Forum®, the nation’s most prestigious gathering of high-growth, market-leading companies, which will be held November 9–13, 2011.

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are pleased to have the Ewing Marion Kauffman Foundation as a national sponsor.

In the Central Midwest, sponsors include Smart Business magazine and Enterprise Bank & Trust. Locally, the program is sponsored by Lockton Companies, Inc., Faegre & Benson LLP, Stinson Morrison Hecker LLP, Armstrong Teasdale LLP and Common Ground Public Relations.

The Outsource Group is a healthcare revenue cycle management company headquartered in St. Louis. The company specializes in hospital business office outsourcing, insurance resolution, third-party liability, early out self pay and bad debt collections, Medicaid eligibility and physician billing and collections. With more than 30 years’ experience in the healthcare industry, The Outsource Group works with  clients ranging from large health systems, stand alone hospitals, private physician practices, and hospital-based physician practices across the country.

Ernst & Young Entrepreneur Of The Year® is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in more than 50 countries.