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Nextech to Acquire MDIntelleSys, the Leading Cloud-Based EHR for Eye Care

Tampa, Florida – October 2, 2014 – Nextech Systems, a leading provider of specialty-focused healthcare technology solutions for physician practices, and MDIntelleSys (MDI), a leading cloud-based electronic health record (EHR) for ophthalmologists, today announced that they have entered a strategic agreement in which Nextech will acquire MDI. The acquisition of MDI effectively doubles Nextech’s ophthalmology market share while adding clinical depth and ophthalmic expertise to Nextech’s suite of solutions. It will also allow Nextech to immediately provide its cloud-based practice management solutions to MDI customers.

“This strategic acquisition strengthens Nextech’s position as the industry leader in specialty-specific healthcare IT solutions, and by combining our product portfolio with MDI, we will be able to offer a collective SaaS presence in our markets,” says David Henriksen, CEO of Nextech. “Together, MDI and Nextech will drive product innovation and deeper engagement with our customers and partners to support the unique needs of specialty physicians.”

Nextech is the largest specialty-specific EHR provider and is the only specialty EHR to be ranked in Medscape’s “Top Favorite EHR List.” Nextech’s industry leading position is supported by the strategic experience and financial strength of healthcare technology focused private equity firm Francisco Partners. In October of last year, Francisco Partners made a strategic investment in Nextech due to its strength and stability as the largest all-in-one specialty specific solution. Through this acquisition, MDI clients are now able to take advantage of Nextech’s full product suite of integrated solutions, including practice management, marketing, inventory and optical shop management modules. These customers will also gain access to Nextech’s consultative services with regard to meeting requirements for meaningful use and ICD-10.

“It is the goal of both Nextech and MDI to capitalize on our joint success in the ophthalmology market to further advance our solution offerings,” says Dan Montzka, MD, founder, chairman and CEO of MDIntelleSys. “This transaction will enhance both companies’ offerings immensely, better serving the needs of more than 25,000 ophthalmologists in the United States alone.”

By joining forces with MDI, which ranked number one in nine categories on the American Society of Ophthalmic Administrators (ASOA) 2013 EHR Customer Satisfaction Survey, Nextech is able to further extend its position as the premier specialty-specific solution for ophthalmology practices. Nextech will leverage MDI’s Software as a Service (SaaS) capabilities to expand the company’s cloud offering, extending the usability and reach of Nextech’s integrated solution. Nextech will now offer both a client-server model and cloud-based solution to meet each practice’s unique needs.

“Over the years, I have admired MDI’s excellence in customer service, clinical product focus and its unique SaaS offering.   A testament to the leadership and passion of Dr. Montzka and his team,” says Dr. Kamal Majeed, Founder and Board Member of Nextech. “Combined with Nextech’s all-encompassing products and mobile platforms, this partnership creates a powerful and most unique offering in the market.”

Dr. Dan Montzka will assume the role of Chief Medical Officer at Nextech. While still subject to customary closing conditions, MDIntelleSys, LLC will now be known as MDIntelleSys, a Nextech company. The product portfolios from both companies will continue to move forward as Nextech and MDI work to advance and combine their respective solution offerings.

About Nextech

Nextech deploys specialty-focused healthcare technology for physician practices. As a trusted advisor to thousands of specialty providers since 1997, Nextech delivers consultative guidance, professional services and innovative tools that enable clients to increase efficiencies while meeting their long-term business goals. The company’s robust solutions integrate seamlessly with value-added modules to create a single, intuitive platform that streamlines clinical, administrative, financial and marketing workflows. To learn how Nextech’s advanced offerings help specialty providers succeed in a fast-changing healthcare environment, visitwww.nextech.com.

About MDIntelleSys

MDIntelleSys, A Nextech Company, located in Clearwater, Florida designs, develops and markets intelligent healthcare solutions for ophthalmologists. MDI’s electronic health records (“EHR”) software, called IntelleChart, is the leading cloud based EHR specifically designed for eye care specialists. For additional information visit: www.mdiehr.com.

About Francisco Partners 

Francisco Partners is a global private equity firm that specializes in investments in technology companies. Since its launch over a decade ago, FP has raised approximately $7 billion and invested in more than 100 technology companies, making it one of the most active investors in the industry.  The firm invests in transaction values ranging from $50 million to over $2 billion, where the firm’s deep sub-sector knowledge and operational expertise can help a company realize its full potential. For further information, please visit: www.franciscopartners.com.

October 6, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Quintiles Announces Agreement to Acquire Encore Health Resources

Acquisition Will Bolster Quintiles’ Expertise in Health-Information Analytics Services and Create Foundation for Expanded Services Suite

RESEARCH TRIANGLE PARK, N.C.–(BUSINESS WIRE)–As part of its continued efforts to strengthen and expand its service capabilities across the healthcare continuum, Quintiles today announced that it has signed an agreement to acquire Encore Health Resources (Encore). Encore is a leader in the health-information analytics and technology services industry focused on healthcare providers. Through its consulting services and solutions, Encore assists customers with a wide range of strategy, advisory, implementation, process-redesign, optimization, analytics and performance-improvement initiatives.

“Today’s announcement signifies the increasing importance of leveraging EHR and real-world information to inform our customers and improve their probability of success”

Founded in 2009, Encore has more than 300 employees located throughout North America, including approximately 250 consultants. Its primary business is focused on implementation and advisory services around electronic health records (EHR). The addition of these capabilities will enhance Quintiles’ EHR expertise, which is becoming increasingly important as biopharmaceutical customers, payers and providers focus on measuring outcomes based on real-world performance in terms of clinical effectiveness and value.

“Today’s announcement signifies the increasing importance of leveraging EHR and real-world information to inform our customers and improve their probability of success,” said Tom Pike, chief executive officer at Quintiles. “Encore has significant EHR expertise, strong relationships with many large U.S. provider networks and academic medical centers as well as experienced consultants, proven tools, and methodologies. It will be a key strategic addition for our business that will extend our services suite and allow us to work with Encore to strengthen its provider-focused solutions.”

Biopharmaceutical companies are increasingly interested in the “real-world” outcomes associated with their medicines to enable optimal market access. Encore’s expertise with hospitals and hospital information will help Quintiles extend its service offerings meaningfully for biopharmaceutical companies.

By joining Quintiles, Encore will be able to leverage Quintiles’ breadth and depth of capabilities as well as its global scale to accelerate Encore’s vision of enhancing clinical outcomes through data-driven performance improvement. Additionally, Encore can utilize the expertise of Quintiles’ 950 medical doctors, 900 Ph.D.’s, as well as its nurse educators and world-class biostatisticians to help hospitals and providers solve their most pressing population health challenges.

“Today is the beginning of an exciting new chapter for Encore,” said Dana Sellers, chief executive officer, Encore. “Encore was founded with a focus on driving value through data to improve performance and clinical outcomes. I believe that this focus and our vision for the future align well with Quintiles. We will be joining a global leader, and we look forward to working together to help deliver further advancements in healthcare.”

The transaction, which is subject to standard and customary closing conditions, is expected to close later this quarter. Upon completion of this transaction, Encore will join Quintiles’ Integrated Healthcare Services segment and be known as “Encore, A Quintiles Company.”

Financial terms of the transaction are not being disclosed. The acquisition is not expected to have a material impact on Quintiles’ 2014 earnings per share.

About Quintiles

Quintiles (NYSE: Q) is the world’s largest provider of biopharmaceutical development and commercial outsourcing services with a network of more than 29,000 employees conducting business in approximately 100 countries. We have helped develop or commercialize all of the top-50 best-selling drugs on the market. Quintiles applies the breadth and depth of our service offerings along with extensive therapeutic, scientific and analytics expertise to help our customers navigate an increasingly complex healthcare environment as they seek to improve efficiency and effectiveness in the delivery of better healthcare outcomes. To learn more about Quintiles, please visit www.quintiles.com.

May 12, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

HealthcareScene.com Announces Acquisition of Leading Healthcare IT Job Board and Blog

LAS VEGAS, November 13, 2013 – HealthcareScene.com announced today that it has acquired HealthcareITCentral.com, a well-known and respected healthcare IT industry job board, and HealthcareITToday.com, an established blog focused on healthcare IT workforce and career development. The two websites will join the HealthcareScene.com network of 15 blogs, adding significant career-focused tools and resources for HealthcareScene.com’s sizable and rapidly growing audience of healthcare IT professionals.

John Lynn, founder of HealthcareScene.com, explains the factors that led to his acquisition decision:  “Workforce development is such a key part of the success of any EHR project.  When we saw what had been created by HealthcareITCentral.com, we knew we had to find a way to bring the two companies together.  Plus, we were happy to find in HealthcareITCentral.com and HealthcareITToday.com an industry leader with an impeccable reputation who approached business with the same ethics and vision that we do.

HealthcareITCentral.com has long been the preferred job board for top companies such as Beacon Partners, First Choice Professionals, Cipe Consulting Group, CTG Healthcare, Holland Square Group, Healthcare IS, and many others.  Additionally, top universities such as the University of Illinois at Chicago and Duke University have relied on its reach and reputation to help spread the word about their Informatics programs.  With this solid foundation, it’s a great platform, with limitless potential for future expansion.  In fact, since the acquisition closed, top Health IT consulting companies ESD, Encore Health Resources, and Cordea Consulting have started working with HealthcareITCentral.com as well.  I’m excited about providing our readership with the considerable tools offered by this acquisition.”

The goal of HealthcareITCentral.com founder Gwen Darling was to build a career portal that provided an unparalleled user experience for both healthcare IT candidates and employers.  “For the last 4 1/2 years, we’ve worked to build resources that made it easy for candidates and employers to connect, keeping in mind all along that the most important component of workforce development is the ability to make quality, relevant relationships on both sides of the hiring equation.

I always knew that the next step would be to find a larger healthcare IT network that had the ability to cast a much wider but still highly targeted net.  However, I’m protective of our excellent reputation and user experience, and so I waited to find an organization with a similar vision and focus before considering an acquisition.   HealthcareScene.com more than delivers on all counts, as both John Lynn and his network come with the highest recommendation.  I’m confident that our clients and candidates will be very happy with what comes next.”

ABOUT HEALTHCARESCENE.COM
The HealthcareScene.com blog network was launched in 2005 and currently consists of 15 blogs containing over 6,500 articles These EMR, EHR, and Healthcare IT related articles have been viewed over 12.5 million times.  You can find HealthcareScene.com on Twitter, Facebook, and LinkedIn.

ABOUT HEALTHCAREITCENTRAL.COM AND HEALTHCAREITTODAY.COM
Launched in 2009, HealthcareITCentral.com is a career portal featuring a job board, resume database, certification resources, employer directory, educational directory, and weekly job alert eNewsletter.  Since 2010, HealthcareITToday.com has focused on healthcare IT workforce and career development topics. You can find both sites on Twitter, Facebook, and LinkedIn.

Contact:
John Lynn
john@emrandhipaa.com
http://www.HealthcareScene.com

November 13, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Vitera Healthcare Solutions and Greenway Medical Technologies Combine

Establishes an Innovative, Trusted Technology Partner Offering Providers Highly Interoperable Solutions to Improve Clinical and Financial Outcomes

Carrollton, GA and Tampa, FL — Nov. 4, 2013 — Vitera Healthcare Solutions, LLC and Greenway Medical Technologies, Inc., leading providers of clinical, financial and administrative solutions to healthcare providers, today announced the completion of a previously announced merger resulting in the combination of the two companies into an innovative leader in health information technology.

Vista Equity Partners, owner of Vitera, has acquired all outstanding Greenway common stock for $20.35 per share in a transaction valued at approximately $644 million.

The combined company will be privately held and operate under the Greenway brand. Tee Green, Greenway’s CEO, will maintain that position. Vitera’s CEO, Matthew J. Hawkins, will serve as President. Both will serve on Greenway’s board of directors.

The combined company will maintain headquarters and principal operations in Carrollton, GA, Tampa, FL, and Birmingham, AL, serving 100,000 providers across nearly 13,000 medical organizations nationwide — including healthcare enterprises, ambulatory practices, public health, retail and other clinics.

“Today, we begin the process of integrating our two organizations and operating them as a single entity that will have a laser-like focus on advancing the electronification of our nation’s healthcare system, allowing our customers to more effectively engage with increasingly active healthcare consumers,” said Tee Green, CEO of Greenway Medical Technologies. “With our large and diverse provider base, we are well positioned to have a marked impact on improving both clinical and financial outcomes for patients, payers and providers.”

“The closing of this transaction marks an exciting new beginning,” said Matthew J. Hawkins, President of Greenway Medical Technologies. “The combination of Greenway and Vitera creates one of the largest and most innovative companies in the healthcare information technology industry today. We look forward to combining our experience, talents and technologies in a way the industry has never seen before.”

The two companies possess a combined history of more than 60 years of experience serving healthcare providers with innovative clinical, financial and administrative solutions and customer-focused services. Both companies offer award-winning products that help improve revenue, streamline operations, and assist providers in getting the best patient outcomes. Greenway’s platforms are consistently recognized for their interoperability and ease of use at the point of care. Vitera recently has earned a first-place EHR ranking and a Customer Value Enhancement Award from researchers Black Book Market Research, LLC and Frost & Sullivan.

Current and future customers will benefit from industry-recognized EHR, clinically driven revenue cycle management™, public health and interoperability solutions that help providers meet regulatory requirements, such as meaningful use and the transition to ICD-10, as well as address risk-sharing payment reform models such as accountable care organizations.

The combined entity will continue to offer, enhance and support the portfolio of products currently available under both companies and bring together the strengths of Greenway and Vitera, offering healthcare providers unparalleled industry expertise and an unrivaled depth of resources and capabilities.

About Greenway
Greenway Medical Technologies, Inc., provides the clinical, financial and administrative solutions today’s healthcare providers need to proactively manage the delivery of quality care and achieve better health outcomes for patient populations. With an established marketplace presence dating back more than 30 years, Greenway continues to lead the way in health information technology by offering smarter solutions and services that help businesses compete in an evolving value-based healthcare system. Greenway’s clinically driven revenue cycle management™ services and comprehensive suite of interoperable solutions improve financial performance and automate clinical and administrative workflows, so medical providers can spend time on patients instead of paperwork. More than 100,000 providers in over 30 specialties and sub-specialties partner with Greenway to improve outcomes across more than 13,000 medical organizations nationwide. For more information, visit www.greenwaymedical.com or call (866) 242-3805.

About Vista Equity Partners
Vista Equity Partners, a U.S.-based private equity firm with offices in San Francisco, Chicago and Austin, currently invests over $7.1 billion in capital committed to dynamic, successful technology-based organizations led by world-class management teams with long-term perspective. Vista is a value-added investor, contributing professional expertise and multi-level support towards companies realizing their full potential. Vista’s investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing. For further information please visit www.vistaequitypartners.com.

Forward-Looking Statements
Statements in this press release that relate to future results and events are forward-looking statements made within the meaning of Section 21E of the Securities Exchange Act of 1934 based on Greenway’s current expectations regarding the transaction. Actual results and events in future periods may differ materially from those expressed or implied by these forward-looking statements because of a number of risks, uncertainties and other factors. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected; the possibility that the parties will be unable to successfully implement integration strategies; and other risks that are described in Greenway’s Annual Report on Form 10-K for the fiscal year ended June 30, 2013 and in its subsequently filed SEC reports. Greenway does not undertake any obligation to update these forward-looking statements except to the extent otherwise required by law.

Greenway and the Greenway logo are registered trademarks and Vitera and the phrase “clinically driven revenue cycle management” are trademarks of Greenway Medical Technologies, Inc. Other marks are the property of their respective owners.
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November 5, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Greenway Medical Technologies and Vitera Healthcare Solutions to Combine

Vista Equity Partners, owner of Vitera, to acquire all outstanding Greenway common stock for

$20.35 per share in a transaction valued at approximately $644 million

Carrollton, GA, and Tampa, FL, Sept. 23, 2013 – Greenway Medical Technologies, Inc. (NYSE: GWAY) today announced a definitive agreement which will result in the combination of the businesses of Greenway and Vitera Healthcare Solutions, LLC. The transaction will create a leader in healthcare information technology and services, offering a comprehensive set of solutions to improve clinical and financial outcomes in healthcare enterprises, ambulatory practices, public health, retail and other clinics nationwide. Following the closing of the transaction, the Vitera and Greenway businesses will serve nearly 13,000 medical organizations and 100,000 providers.

Under the terms of the agreement, Vista Equity Partners, which owns Vitera Healthcare Solutions, will pay Greenway stockholders $20.35 in cash for each share of Greenway common stock they hold. The price represents a 62% premium to Greenway’s 90-day volume weighted average stock price and a 20% premium to Greenway’s closing share price the day before the merger agreement was signed. The all-cash transaction is valued at approximately $644 million. The Greenway Board of Directors has unanimously approved the definitive merger agreement. Upon closing, Greenway will operate as a privately held company.

“We are pleased to approve this agreement and look forward to completing this transaction,” said W. Thomas ‘Tommy’ Green, founder of Greenway Medical Technologies and Chairman since the company’s inception in 1998. “It provides substantial cash value for our stockholders, and reflects our deep commitment to drive innovation that helps healthcare professionals succeed and thrive in today’s evolving healthcare landscape.”

It is anticipated that the Vitera and Greenway businesses will continue as Greenway Medical Technologies with the products and services of both Greenway and Vitera marketed under the Greenway brand. After closing, the two businesses will continue together to deliver best-in-class solutions and services, and enhancement of existing product platforms to ensure customers have the tools they need to address payment reform models and meet regulatory requirements such as Meaningful Use Stage 2 and the transition to ICD-10.

Greenway will continue to have headquarters and principal operations in Carrollton, GA, Tampa, FL and Birmingham, AL.

“This transaction presents an opportunity to offer even greater value to our customers,” said Matthew J. Hawkins, President and CEO of Vitera. “Combining our business with Greenway Medical Technologies demonstrates our intense focus on growth and our commitment to provide current and prospective customers with proven, integrated and easy-to-use solutions they need to grow profitably, increase practice efficiencies and improve patient outcomes in this ever-changing healthcare environment.”

“We are excited that the transaction will accelerate the execution of our clearly defined strategy of leading the electronification of healthcare, engaging consumers in the management of their own health and continuing to partner with providers to develop the tools to improve population health,” said Tee Green, President and CEO of Greenway.

Greenway’s platforms are consistently recognized for ease of use at the point of care, which has led to high adoption rates among care providers, as well as having an industry-leading interoperability strategy that promotes the flow of data across healthcare systems. Greenway’s clinically driven revenue cycle management platform enables providers to thrive while participating in evolving and increasingly more complex reimbursement programs that are based on clinical outcomes.

Vitera’s first-place EHR ranking from independent researcher Black Book Market Research, LLC and recent Customer Value Enhancement Award from Frost & Sullivan underscore the value of Vitera’s industry-leading solutions and services. Vitera’s portfolio of highly interoperable EHR and practice management solutions is ICD-10-enabled, certified for Meaningful Use Stage 2, and approved for pre-validation as a Patient-Centered Medical Home.

Under the terms of the agreement, an affiliate of Vista Equity Partners will commence a tender offer for all of the outstanding shares of Greenway’s common stock. Closing of the transaction is conditioned upon, among other things, satisfaction of a minimum tender condition, clearance under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976, and other customary closing conditions. The closing of the transaction is not contingent on financing. In the event that the minimum tender condition is not met, and in certain other circumstances, the parties have agreed to complete the transaction through a one-step merger after receipt of stockholder approval. Greenway expects the transaction to close in the fourth calendar quarter of 2013.

Certain of Greenway’s stockholders (Investor Group L.P., Investor Growth Capital Limited and Pamlico Capital II, L.P.), each of Greenway’s directors (W. Thomas Green, Jr., Wyche T. Green, III, Robert Hensley, Neal Morrison, Thomas T. Richards, Walter Turek and Noah Walley), and certain executive officers of Greenway, including Gregory H. Schulenburg (Executive Vice President and Chief Operating Officer), James A. Cochran (Chief Financial Officer) and William G. Esslinger, Jr. (Vice President, General Counsel and Secretary), have each agreed to tender their shares into the offer, and vote their shares in favor of the definitive merger agreement and the merger, subject to certain terms and conditions. These stockholders collectively own approximately 50.9% of Greenway’s outstanding shares. These agreements will terminate upon termination of the definitive merger agreement in accordance with its terms in order for the Company to accept a superior offer and upon certain other circumstances.

The affiliate of Vista has obtained equity and debt financing commitments for the transactions contemplated by the merger agreement, the aggregate proceeds of which will be sufficient for Vista’s affiliate to pay the aggregate merger consideration and all related fees and expenses. Vista has committed to capitalize its affiliate, at or immediately prior to the effective time of the merger, with an aggregate equity contribution in an amount up to $650 million, which will be sufficient for the Affiliate to consummate the transactions contemplated by the merger agreement even if Vista’s debt financing is not available, subject to the terms and conditions set forth in an equity funding commitment letter, dated as of September 23, 2013.

J.P. Morgan is serving as financial advisor to Greenway, and Paul Hastings LLP is serving as Greenway’s legal advisor. Jefferies LLC and BMO Capital Markets are serving as financial advisors to the buyer, and Kirkland & Ellis LLP is serving as the buyer’s legal advisor. Jefferies Finance LLC and BMO Capital Markets have agreed to provide debt financing in connection with the transaction.

For further information regarding all terms and conditions contained in the definitive merger agreement, please see Greenway’s Current Report on Form 8-K, which will be filed in connection with this transaction.

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About Greenway and PrimeSUITE

Greenway Medical Technologies (NYSE: GWAY) delivers smarter information solutions that improve the financial performance of healthcare providers and enable them to deliver smarter care. Greenway PrimeSUITE® — the company’s certified, single-database electronic health record, practice management and interoperability solution platform — is complemented by an expanding array of integrated business and data services, including clinically driven revenue cycle management (RCM). Thousands of care providers across primary care and more than 30 specialties and sub-specialties use cloud-based or on-premise Greenway® solutions to improve outcomes in healthcare enterprises, physician practices, retail and other ambulatory clinics, and alternate care venues nationwide. For details, see greenwaymedical.comTwitterFacebook or YouTube.

About Vitera Healthcare Solutions

Vitera Healthcare Solutions provides end-to-end clinical and financial technology solutions so physicians and medical professionals can work with patients instead of paperwork. Serving more than 415,000 healthcare professionals including 85,000 physicians, Vitera Healthcare Solutions provides electronic health records and practice management systems, processes 33 million transactions and 2 million e-prescriptions monthly, and serves several specialties including primary care, OB/GYN, pediatrics, cardiology and orthopedics in all sized practices and Community Health Centers. Physician-focused and patient-centric, Vitera Healthcare Solutions is based in Tampa, FL. For more information, visit www.viterahealthcare.com  or call (877) 932-6301. Follow Vitera Healthcare Solutions on Facebook a thttp://www.facebook.com/viterahealthcare, and Twitter at https://twitter.com/ViteraHealth.

About Vista Equity Partners
Vista Equity Partners, a U.S.-based private equity firm with offices in San Francisco, Chicago and Austin, currently invests over $7.1 billion in capital committed to dynamic, successful technology-based organizations led by world-class management teams with long-term perspective. Vista is a value-added investor, contributing professional expertise and multi-level support towards companies realizing their full potential. Vista’s investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing. For further information please visit www.vistaequitypartners.com.

Important Additional Information

This press release is neither an offer to purchase nor a solicitation of an offer to sell shares of Greenway. The tender offer for securities of Greenway described in this press release has not yet been commenced. The offer to buy securities of Greenway described in this press release will be made only pursuant to the offer to purchase and related materials that Vista Equity Partners will file on Schedule TO with the SEC. At the same time or soon thereafter, Greenway will file its recommendation of the tender offer on Schedule 14D-9 with the SEC. In connection with the proposed transaction, Greenway will also file a preliminary proxy statement with the SEC. Additionally, Greenway and Vista Equity Partners will file other relevant materials in connection with the proposed acquisition of Greenway by affiliates of Vista Equity Partners pursuant to the terms of the merger agreement. INVESTORS AND STOCKHOLDERS OF GREENWAY ARE ADVISED TO READ THE SCHEDULE TO, THE SCHEDULE 14D-9, AND THE PRELIMINARY PROXY STATEMENT, AS EACH MAY BE AMENDED OR SUPPLEMENTED FROM TIME TO TIME, AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BEFORE THEY MAKE ANY DECISION WITH RESPECT TO THE TENDER OFFER OR MERGER, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND THE PARTIES THERETO.

Investors and stockholders may obtain free copies of the Schedule TO, Schedule 14D-9 and preliminary proxy statement, as each may be amended or supplemented from time to time, and other documents filed by the parties (when available), at the SEC’s Web site at www.sec.gov or at Greenway’s Web site at www.greenwaymedical.com. The Schedule TO, Schedule 14D-9 and preliminary proxy statement, as each may be amended or supplemented from time to time, and such other documents may also be obtained, when available, for free from Greenway by contacting Greenway’s Investor Relations Department at 1.866.242.3805 or by email through Greenway’s investor relations page athttp://ir.greenwaymedical.com/.

Greenway and its respective directors, executive officers and other members of its management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of Greenway’s stockholders in connection with the proposed Merger. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of certain of Greenway’s executive officers and directors in the solicitation by reading Greenway’s proxy statement for its 2012 annual meeting of stockholders, the Annual Report on Form 10-K for the fiscal year ended June 30, 2013, and the proxy statement and other relevant materials which may be filed with the SEC in connection with the Merger when and if they become available. Information concerning the interests of Greenway’s participants in the solicitation, which may, in some cases, be different than those of the Company’s stockholders generally, will be set forth in the proxy statement relating to the Merger when it becomes available. Additional information regarding Greenway’s directors and executive officers is also included in Greenway’s proxy statement for its 2013 annual meeting of stockholders and is included in Part III of the Annual Report on Form 10-K for the fiscal year ended June 30, 2013.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements with respect to the tender offer and related transactions, including the benefits expected from the transaction and the expected timing of the completion of the transaction.  When used in this press release, the words “can,” “will,” “intends,” “expects,” “is expected,” similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements.  Such statements are based on a number of assumptions that could ultimately prove inaccurate, and are subject to a number of risk factors, including uncertainties regarding the timing of the closing of the transaction, uncertainties as to how many stockholders of Greenway may tender their stock in the tender offer, the possibility that a governmental entity may prohibit, delay or refuse to grant approval for the consummation of the transaction, and general economic and business conditions.  None of Vista Equity Partners, Vitera or Greenway assumes any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. Factors that could cause actual results of the tender offer to differ materially include the following: the risk of failing to obtain any regulatory approvals or satisfy conditions to the transaction, the risk that Vista Equity Partners is unable to obtain adequate financing, the risk that the transaction will not close or that closing will be delayed, the risk that Greenway’s businesses will suffer due to uncertainty related to the transaction, the competitive environment in our industry and competitive responses to the transaction as well as risk factors set forth above.  Further information on factors that could affect Greenway’s financial results is provided in documents filed by Greenway with the U.S. Securities and Exchange Commission, including Greenway’s recent filings on Form 10-Q and Form 10-K.

Greenway, the Greenway logo and PrimeSUITE are registered trademarks and the phrase “clinically driven revenue cycle management” is a trademark of Greenway Medical Technologies, Inc. Other product or company names are the property of their respective owners.

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Greenway Media Contact:

Bob Kneeley

(678) 390-7262

BobKneeley@greenwaymedical.com

Vitera Healthcare Solutions Media Contact:

Elizabeth Glaser

Dodge Communications

(770) 576-2551/(770) 317-8831

eglaser@dodgecommunications.com

September 23, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Kareo Acquires Medical Billing Company ECCO Health

Acquisition accelerates growth of Kareo’s medical billing services, strengthens team, and adds specialty and geographic expertise  

IRVINE, CA – July 24, 2013 – Kareo, Inc., the cloud-based medical office software and services provider for small medical practices, announced today its acquisition of privately held ECCO Health, a full-service provider of medical billing and associated solutions. Kareo has extended employment offers to all ECCO managers and employees and all are expected to join the new combined company. The acquisition of ECCO follows Kareo’s January 2013 launch of Kareo Billing Services, and the combined business now provides medical billing services to over 500 medical practices nationwide.

“Having worked with hundreds of billing companies since Kareo’s founding in 2004, we’ve developed a deep understanding of the range of capabilities from billing company to billing company,” said Dan Rodrigues, founder and CEO of Kareo. “ECCO is noteworthy due to the strength of its team, the quality of its customer relationships, the efficiency of its operational model, and the company’s track record of innovation. The combination of ECCO’s considerable strengths with Kareo will enable us to deliver an even stronger solution to the market. We welcome ECCO’s customers and team to the Kareo family.”

ECCO Health has provided medical billing services for the last decade, building a national capability from the company’s base in Las Vegas. Through insights created by ECCO’s deep customer relationships, the company has extended its billing services to include physician credentialing, front office services, and best practice consulting. ECCO has built considerable expertise across a wide range of specialties, including Primary Care, Gastroenterology, General Surgery, Plastic Surgery, Otolaryngology, Pain Management, Endocrinology, Internal Medicine, Podiatry, Infectious Diseases, Hospitalist and Hospitalists Groups, Surgery Centers, Urgent Care, Anesthesia, Neurology, Cardiology, Dermatology and Durable Medical Equipment organizations. ECCO has succeeded by helping its medical practice customers operate more efficiently and effectively while ensuring they get paid for their important work of providing patient care.

“The strengths of Kareo’s practice management and EHR applications have been a key element of our success with our customers over time,” said Jim Sholeff, founder and partner of ECCO Health. “We also appreciate Kareo’s commitment to working in an open and collaborative way with its partners, including billing companies. Now we have a remarkable opportunity to join forces and deliver to our customers an even stronger set of solutions.”

According to a new report by Frost & Sullivan, U.S. Physician Revenue Cycle Management (RCM), the market for physician RCM solutions in 2012 was $11.1 billion and is expected to grow to $14.6 billion by 2016. “Medical Practices realize they must take every measure to maximize revenue and address inefficiencies and shortfalls in getting paid fully and on a timely basis,” wrote Nancy Fabozzi, Principal Analyst, Connected Health, Frost & Sullivan. “Medical practices will need to significantly re-engineer their entire RCM function, and most will seek solutions that offer robust integration between clinical and financial systems.”

The acquisition of ECCO positions Kareo well for the expected growth in integrated physician RCM solutions. The company now serves over 20,000 providers across the U.S. representing all medical specialties. Kareo delivers an integrated cloud-based platform comprised of EHR, practice management, and technology-enabled medical billing services. Kareo also provides a broad selection of specialty EHRs and value-added applications delivered through integrated partner solutions and maintains a network of over 600 medical billing companies that deliver their unique services utilizing Kareo’s practice management application. In 2013, over $25 billion in medical billing will be managed through the Kareo platform with software and services enabling providers to achieve the highest possible collection rates.

About ECCO Health

ECCO Health is a trusted nationwide professional medical billing service and practice management company based in Las Vegas, Nevada, with BPO operations in Chennai, India and San Jose, Costa Rica.  The Company focuses on relieving administrative duties of small and medium sized medical practices, allowing doctors to focus on patient care. ECCO provides full-service medical billing and coding, practice management, bilingual scheduling and operator service, referral and recall management, patient eligibility verification, prior authorizations and credentialing & contracting services.

About Kareo

Kareo is the only cloud-based medical office software and services platform dedicated to small practices. At Kareo, we believe that, with the right tools and support, small practices can do big things. We offer an integrated suite of products and services designed to help small practice physicians get paid faster, run their business smarter, and provide better care. Our Practice Management software, Billing Services, and free, full-featured EHR help more than 20,000 medical providers more efficiently manage the business and clinical sides of their practice. Headquartered in Irvine, California, Kareo’s mission is to help providers spend their time focused on patients, not paperwork. For more information, visit www.kareo.com.

July 24, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Vitera Healthcare Solutions Announces Acquisition of SuccessEHS

Leading ambulatory EHR/PM provider accelerates growth strategy and further supports the needs of today’s medical providers

Tampa, Florida – June 17, 2013 – Vitera Healthcare Solutions, the nation’s premier provider of ambulatory electronic health records (EHR) and practice management software and services, today announced the acquisition of SuccessEHS. The acquisition results in an expanded suite of services that helps office-based physicians and Community Health Centers (CHC) improve operational efficiencies, generate revenue and enhance patient health outcomes.

Pending customary regulatory approval, the Birmingham, AL-based SuccessEHS will become a division of Vitera.

SuccessEHS provides EHR, practice management, electronic dental record, dental imaging and revenue cycle management solutions, and prides itself on providing exceptional implementation services, training and support to its physician practices and CHCs. Due to the strong demand for its services, the company has doubled in size over the last two years.

“Our acquisition of SuccessEHS supports our strategy for growth in the changing healthcare marketplace and is indicative of the tremendous progress Vitera has made over the past 18 months,” said Matthew Hawkins, CEO of Vitera. “The acquisition is a natural progression of Vitera’s strategic intent to be the leader in ambulatory healthcare information technology. We are committed to providing the solutions and services our customers need to succeed in this new era of healthcare.”

With the addition of SuccessEHS’s customer base, Vitera will now serve more than 10,500 medical organizations and over 415,000 medical professionals nationwide — including more than 85,000 physicians. The acquisition expands Vitera’s customer base of CHCs, including rural health centers, student health centers, HIV/AIDS clinics and Federally Qualified Health Centers (FQHC), as well as expands Vitera’s expertise in delivering solutions that meet the unique needs of these customers.

“This acquisition is going to bring out the best of both organizations,” said W. Sanders Pitman, CEO of SuccessEHS. “This is great news for our employees and for our customers. It allows us to build on Vitera’s longevity and growing strength in the industry, as well as the impressive infrastructure they’ve put in place to provide medical practices and CHCs with innovative EHR and practice management solutions. This helps us better realize our original mission — to make our customers successful.”

Leveraging its 30 years’ experience in a dynamic healthcare market and its large, loyal customer base, Vitera recently introduced new products — including Vitera Stat and Vitera Intergy Mobile — to help its customers decrease costs, increase reimbursements and revenue, save time and expense with regulatory reporting, and improve patient outcomes and population health.

Hawkins added, “We work every day to ensure our clients have the proven technology and quality support they need to better manage their practices, as well as access to the kind of industry insight that only comes from decades of dedicated service to practices like their own.”

Raymond James Health Care Investment Banking Group served as exclusive financial advisor to SuccessEHS in the transaction. Jefferies Finance LLC and BMO Capital Markets have agreed to provide the debt financing in connection with the transaction.

About Vitera Healthcare Solutions
Vitera Healthcare Solutions provides end-to-end clinical and financial technology solutions so physicians and medical professionals can work with patients instead of paperwork. Serving more than 400,000 healthcare professionals including 80,000 physicians, Vitera Healthcare Solutions provides electronic health records and practice management systems, processes 33 million transactions and 2 million e-prescriptions monthly, and serves several specialties including primary care, OB/GYN, pediatrics, cardiology and orthopedics in all sized practices and Community Health Centers. Physician focused and patient centric, Vitera Healthcare Solutions is based in Tampa, FL. For more information, visitwww.viterahealthcare.com or call (877) 932-6301. Follow Vitera Healthcare Solutions on Facebook, http://www.facebook.com/ViteraHealthcare, and Twitter,http://twitter.com/#!/ViteraHealth.

 

About SuccessEHS
SuccessEHS is a nationally acclaimed vendor providing Electronic Health Record (EHR) and Practice Management solutions with Integrated Medical Billing Services. SuccessEHS also provides Electronic Dental Record (EDR) and Dental Imaging solutions. Founded in 1995, SuccessEHS established itself as a leader in the emerging practice management applications market by delivering an innovative blend of clinical, operational and financial software paired with a suite of specialized integrated success services.

June 17, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Kareo Buys Epocrates EHR

Small practice EHR combines mobile technology and clinical knowledge base acquired from Epocrates with Kareo’s medical office software platform

IRVINE, CA – February 20, 2013 – Kareo, Inc., the cloud-based medical office software and services provider for small medical practices, serving over 17,000 medical providers, today launched Kareo Electronic Health Record (EHR). This new application is available free of charge as a stand-alone application or integrated with Kareo Practice Management and Kareo Billing Services, providing a seamless user experience and instant data exchange across applications. Kareo EHR offers small medical practices an intuitive and intelligent way to deliver care and engage patients through native iPad and iPhone applications or with a web browser. Kareo acquired mobile technology and a clinical knowledge base from Epocrates and leveraged these assets in developing its new EHR.

“More physicians in the US practice medicine in small practices than any other way, yet the demands of managing a small practice continue to grow. Small practice physicians need smarter and more mobile technology to help them care for their patients and optimize their businesses,” said Dan Rodrigues, founder and CEO of Kareo. “Our customers asked us to develop an electronic health record to complement our practice management and billing services solutions. With Kareo EHR, small practice physicians can now take advantage of an intuitive solution designed for how they deliver care and run their practices. Best of all, Kareo’s EHR is available for free and without ads or any long-term commitments.”

Kareo EHR was designed to support how small practice physicians deliver care and interact with their patients and can be used through native mobile applications or a web browser. With mobile use, physicians can restore the natural doctor-patient interaction that desktop-based EHRs have come to inhibit, while demonstrating savvy use of technology in delivering care. Kareo EHR offers a simple and intuitive interface physicians can use to quickly build notes via clinical knowledge base pick lists or with integrated voice recognition. Regardless of device or location, all care team participants have critical, up-to-date patient health information at their fingertips. Health information can be instantly exchanged electronically, including e-prescribing medications, ordering and viewing lab work, and sharing information with patients through the embedded patient portal. Kareo EHR streamlines workflows through its integration with Kareo Practice Management providing users single sign-on and instantly synchronized data, including appointments, billing codes, and all critical patient information. Kareo EHR is certified for use, as a complete EHR, by providers to demonstrate Meaningful Use and to qualify for up to $39,000 in 2013 incentives offered under the American Recovery and Reinvestment Act of 2009.

Kareo acquired core EHR technology originally developed by Epocrates and combined it with Kareo’s medical office software platform to build the new application. Included in the acquired technology, was a comprehensive clinical knowledge base that enables documentation and treatment orders for the top 100 primary care conditions and previously unreleased mobile device technology designed to deliver efficient note taking on tablets through intuitive swipe, tap, and touch actions. The overall development effort was led by Dr. Tom Giannulli, Kareo’s chief medical information officer, practicing physician, and original inventor of much of the acquired technology. The combination of Dr. Giannulli’s leadership, Epocrates technology, and Kareo’s software platform enabled the creation of a breakthrough EHR application for small practices.

“Adopting an electronic health record is especially challenging for small practices because most EHRs were not built with their needs in mind,” said Tom Giannulli MD, MS, chief medical information officer at Kareo. “Our cloud-based solution gives small practices the promised benefits of EHR technology and eliminates the challenges of implementing complex and expensive on-premise software. It was our goal to build Kareo EHR to support the physician’s need to deliver high-quality care while ensuring the utmost in practice efficiency.”

Kareo EHR is available free of charge, with no long-term commitments, no expensive implementation or ongoing support costs. Physicians simply sign up and get started. Kareo coaches are available to help physicians take full advantage of the features of Kareo EHR and free support is included for all users. Application upgrades are delivered automatically allowing physicians to instantly utilize new functionality and meet emerging industry demands, including supporting the requirements of each subsequent stage of Meaningful Use. Kareo EHR is advertising free and clinical data are owned and controlled by the practice. Kareo’s EHR is made available for free in an effort to build trust and earn physicians’ business in other practice areas. Should they decide to upgrade, physicians using Kareo EHR have the ability to purchase and instantly integrate Kareo’s full software and services suite at any time.

Kareo has built a market leading position in delivering intuitive, integrated, affordable technology and services to support the business needs of small medical practices. The launch of the best-of-breed, no cost Kareo EHR immediately delivers these same benefits to physicians on the clinical side of their practice. Small medical practices now can rely on a single trusted partner to deliver all of the cloud-based technology needed to manage essential clinical and business components, enabling optimized practice efficiency and an increased focus on patients not paperwork. Kareo EHR is available now at www.kareo.com.

About Kareo

Kareo is the only cloud-based medical office software and services platform dedicated to small practices. At Kareo, we believe that, with the right tools and support, small practices can do big things. We offer an integrated suite of products and services designed to help small practice physicians get paid faster, run their business smarter, and provide better care. Our Practice Management software, Billing Services, and free, full-featured EHR help more than 17,000 medical providers more efficiently manage the business and clinical sides of their practice. Based in Irvine, California, Kareo’s mission is to help providers spend their time focused on patients, not paperwork. For more information, visit www.kareo.com.

Kareo EHR (formerly Caretools EHR) is a Complete EHR and is 2011/2012 compliant and has been certified by and ONC-ATCB in accordance with the applicable certification criteria adopted by the Secretary of Health and Human Services. This certification does not represent an endorsement by the U.S. Department of Health and Human Services or guarantee the receipt of incentive payments.

February 20, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Pri-Med Acquires Amazing Charts EHR

Partnership Will Allow Amazing Charts’ Clinicians to Receive Individualized Continuing Education Based On Practice Patterns 

Boston, Mass., November 19, 2012 – Pri-Med, the leading provider of professional medical education to a community of more than 260,000 clinicians, today announced the purchase of Amazing Charts, a leading provider of electronic health records (EHR) to independent medical practices.

As an independent operating subsidiary of Pri-Med, Amazing Charts will continue to offer its intuitive and affordable software solutions to clinicians, but now will have the resources to accelerate product development and the geographic reach of Pri-Med’s medical education conferences in 30 cities nationwide. Dr. Jonathan Bertman, founder of Amazing Charts, will continue to serve as President, with Kathleen Repoli serving as Senior Vice President. Other terms of the deal were not disclosed.

“Given the vast amount of knowledge and the pace at which practice recommendations change, providing real-time feedback to clinicians based on their current practice styles is critical,” said Jonathan Bertman, MD, FAAFP, founder and President of Amazing Charts. “While other EHR vendors may try to find ways to sell EHR data to the highest bidder, we believe any use of this data must be ethical, with clear and consistent disclosure, and used to improve patient outcomes rather than allow advertisers to better target consumers. And after being contacted by dozens of companies, including other EHRs, private equity firms, and venture capitalists, I have no doubt that Pri-Med is the best possible partner for our clients, our employees, and most importantly, the patients for whom we all care.”

With Amazing Charts, Pri-Med gains a next-generation medical education platform strategically located at the point of patient care, enabling it to deliver CME activities where and when decision support is needed.

“The holy grail of medical education is to demonstrate improved patient outcomes as a result of access to unbiased evidenced-based CME. We believe that in addition to our live meetings and online CME courses, providing this education at the point of care is the obvious next step, and we are excited to develop this with Amazing Charts,” said John Mooney, founder and CEO of Pri-Med. “With this deeply integrated partnership, we are together reimagining the EHR as a real-time educational instrument that expands well beyond managing one’s practice”

“Pri-Med has been committed to developing clinician-friendly solutions that are accessible, affordable and immediately applicable to patient care,” added Bertman. “That’s why we have attended every Pri-Med conference for over nine years! Pri-Med’s customers are our customers, and to say I am excited about what we can do together would be an understatement.”

Shields & Company, Inc. advised Amazing Charts in the transaction.

Click here to watch John Mooney and Dr. Jon Bertman discuss their vision for this unique partnership and how it came to be.

About Pri-Med

Pri‐Med is an operating division of Diversified Business Communications. Based in Boston, Mass., the organization has been a trusted source for professional medical education to over 260,000 clinicians since 1995. Through live meetings in over 30 U.S. cities and online at www.pri-med.com, actively practicing clinicians rely on Pri‐Med for opportunities to engage with local peers, meet internationally renowned faculty and participate in world‐class educational activities. For more information, visit: www.pri-med.com.

About Amazing Charts

Amazing Charts provides Electronic Health Records (EHR/EMR) and services to healthcare practices. Based on number one user ratings for usability, fair pricing, and overall satisfaction, Amazing Charts has been implemented in over 5,600 practices, and continues to add over 70 new practices a month. Founded in 2001 by a practicing family physician, Amazing Charts V6 is ONC-ATCB 2011/2012 Certified for Meaningful Use. Amazing Charts is headquartered at the historic Lafayette Mill Building in North Kingstown, RI. For more information, visit:www.amazingcharts.com

About Diversified Business Communications

Diversified Business Communications, based in Portland, Maine, provides information and market access through face-to-face events, magazine publishing, and eMedia on four continents. In addition to health care, Diversified serves a number of industries including: technology, retail, food and hospitality and business management solutions. Diversified operates divisions in Australia, Hong Kong, India, the UK and Canada.

November 19, 2012 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

WebPT Acquires Billing Services Company Health Data Solutions

WebPT, the electronic medical record (EMR) company, has made a strategic acquisition to expand it’s offering beyond electronic documentation to become a full, cloud solution that helps improve patient care and the clinic’s bottom line. Here are some stats on WebPT:

  • Now at 12,000 users with a 99% customer retention rate (highly unusual in the EMR space)
  • Has more than 13M electronic health records stored safely in it’s cloud environment
  • Will double in size again this year (fourth year in a row)
  • With this acquisition and integrations with billing software such as Kareo, WebPT is aiming to be much more than just a documentation software

Acquisition is Part of WebPT’s Effort to Become a Complete Cloud Solution for Physical Therapy Clinics

(Phoenix, Ariz. June 14, 2012) – WebPT, developer of cloud-based physical therapy software that makes physical therapy clinics more efficient, has announced the acquisition of Health Data Solutions, Inc., a company that specializes in physical therapy and chiropractic billing and revenue cycle management. WebPT began offering billing services to its customers in 2011 and launched the service on a national basis earlier this year. This acquisition is part of their effort to be a one-stop management solution for PT clinics for everything from documentation to scheduling to billing.

“The talent and business intelligence that comes with this acquisition is very exciting for us. This is an important step for WebPT and a great opportunity for Health Data Solutions,” says Paul Winandy, CEO of WebPT. “Health Data Solutions has been successful in the billing industry for ten years, specifically with PT clinics. With this acquisition we’re able to expand our market reach and provide an even better service to our current customer base. WebPT has not only gained a proven service offering, we have also added experienced team members who share our commitment to fanatical customer service.”

WebPT has brought on Health Data Solutions’ co-founder Robin Roach as the director of billing services to oversee the department. Roach’s responsibilities include the overall management of the department and championing the growth of WebPT’s billing service offerings.

“Our customers have been using WebPT for years. Our missions are aligned as well as our customers’ needs. This is a great fit for both companies,” says Roach. “Since WebPT’s entry into the market, we have been impressed with what they deliver in terms of quality and customer service. I look forward to seeing the results of the combination of minds and technologies, and am proud to be part of such an innovative, fast growth company.”

WebPT formally announced its revenue cycle management service in April of this year. The integrated billing service manages aspects such as posting and reconciling payments, as well as investigating, correcting and appealing insurance denials. Also available is real-time, 24/7 access to billing and claim information, which users can access from any computer or mobile device. WebPT customers also have easy access to daily, weekly and monthly reports for their review. The advanced reporting dashboard gives insight into account aging, revenue per visit, and payer mix to help provide a deeper understanding into the cash flow of their clinic.

WebPT initially launched as an electronic medical record (EMR) system in 2008. The company has since evolved to offer practice management features specific to needs of physical therapy clinics that provide actual ROI. From automated scheduling reminders to cloud-based home exercise programs and now billing, WebPT is becoming the full package for PT clinics that want to improve patient care and their bottom line.

About WebPT

WebPT, Inc. is the fastest growing Web-based EMR for physical therapists. It is the easiest, most affordable, and most complete solution for private practice physical therapy clinics on the market today. WebPT ensures compliance, security and efficiency while providing a truly mobile solution that meets the needs of today’s PT. More information can be found at http://www.webpt.com.

June 28, 2012 I Written By