e-MDs Merges with MDeverywhere; Creates Market-Leading Provider of Clinical and RCM Software Solutions
LOS ANGELES, March 31, 2015 /PRNewswire/ – e-MDs, a leading provider of ambulatory electronic medical record (EMR) and practice management (PM) solutions, today announced that it has been acquired by Marlin Equity Partners (“Marlin”), a global investment firm with over $3 billion in capital under management. Following the acquisition, e-MDs has been merged with MDeverywhere, an existing Marlin portfolio company and leading provider of revenue cycle management (RCM) services and credentialing for physicians. The acquisition and merger bring together two ambulatory focused companies that now provide a complete and integrated suite of financial, administrative and clinical solutions, including a full service RCM offering. The combined company’s award-winning products are used by over 13,000 providers and 50,000 medical professionals across more than 40 medical specialties.
e-MDs’ Founder and CEO, David Winn, who will be retiring, stated, “e-MDs and MDeverywhere, together as one company, is well positioned to accomplish great things. As a much larger company, we will have the depth and breadth to continue offering market-leading ambulatory technology and the expertise to tackle the increasingly complex government regulations that have been such a challenge to the healthcare industry. I leave with the confidence that our customers are in good hands.”
Ann Bilyew, CEO of MDeverywhere, added, “The combination of e-MDs’ PM and EMR platform with our cloud-based end-to-end revenue cycle management service creates a truly comprehensive offering. We are very excited about this new venture which significantly improves our current product offering and helps us accelerate and drive future growth.”
Jim Brady, a healthcare operating executive to Marlin, who will serve as the interim CEO of the combined business, commented, “I look forward to working with the teams at both companies to serve the needs of our physician customers across the country. 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.”
e-MDs is a leading developer of integrated electronic health records and practice management software for physician practices and enterprises. Founded and actively managed by physicians, the company is an industry leader for usable, connected software that enables physician productivity and a superior clinical experience. e-MDs software has received continual top rankings in physician and industry surveys including those conducted by the American Academy of Family Physicians’ Family Practice Management, AmericanEHR™ Partners, MedScape®, and Black Book®. e-MDs has a proven track record of positioning clients for success as demonstrated by Meaningful Use attainment in 2011, 2012, 2013 and 2014. According to data provided by CMS, e-MDs clients are attesting in the top proportion of all major vendors. For more information, please visit http://www.e-mds.com, http://facebook.e-mds.com and https://twitter.com/emds.
MDeverywhere is a leading provider of revenue cycle management (RCM), electronic medical record and credentialing services to physicians. The company’s RCM solution includes ICD-10 ready, purpose-built, cloud-based practice management software, coding rules engines, contract monitoring tools and full-scope claims management and back-office services, that are proven to streamline workflow, decrease denials and increase revenue. Founded in 1995, MDeverywhere currently serves over 7,000 physicians nationwide, including solo practices, group practices, large faculty practices, and hospitals across over 40 different specialties. For more information visit www.mdeverywhere.com.