Fusion has entered into an exclusive agreement for cloud services and communications solutions with the group purchasing organizations (“GPOs”) of the Greater New York Hospital Association (GNYHA). Fusion and the GPOs will offer the more than +15,000 GPO members in healthcare and other vertical markets a full range of cloud services, including cloud computing, disaster recovery, storage and security.

Fusion has purchased the business previously operated by Network Billing Systems, LLC and Interconnect Services Group II LLC. NBS has approximately 5,000 customers and generated revenues of approximately $26.5 million and net income of $3.1 million.