- The healthcare industry has its share of similarities to other trades, as mergers and acquisitions are common within the sector. E-MDs, a vendor of ambulatory care EHR and practice management software, announced on March 31 that it was acquired by the investment firm Marlin Equity Partners.
According to a company press release, e-MDs has now been merged with a Marlin portfolio company called MDeverywhere, which provides revenue cycle management solutions and physician credentialing. The merger will bring significant benefits to ambulatory care through combined technologies.
Both the acquisition and merger have created a union of two companies dedicated to ambulatory care improvements. The merger will be able to offer an entire “suite of financial, administrative and clinical solutions” to providers around the nation. More than 13,000 providers and 50,000 healthcare professionals will be served by the merged company. As many as 40,000 medical specialties will benefit from the services of MDeverywhere.
“I look forward to working with the teams at both companies to serve the needs of our physician customers across the country,” Jim Brady, healthcare operating executive at Marlin and interim CEO of the merger, said in the press release. “The ability to bring together e-MDs’ top-ranked PM and EMR platform with MDeverywhere’s RCM solution further enhances the company’s ability to meet the needs of physicians and other clinicians who are facing continuing challenges and uncertainty within healthcare today.”
The former CEO of e-MD mentioned that the combined companies will be set to succeed in the health IT space, as it will bring the merged establishment to offer leading ambulatory care technology and the consulting services necessary for healthcare providers to adhere to the increasingly complex federal regulations.