Home » News » Currently Reading:

NextGen to Acquire Practice Management Partners

October 16, 2008 News No Comments

NextGen Healthcare Information Systems, a wholly owned subsidiary of Quality Systems, Inc., announced this morning that it will acquire revenue cycle management company Practice Management Partners of Baltimore, MD. Terms of the agreement were not disclosed.

PMP, which was founded in 2001, has 200 employees, handles 16 million transactions per year, and has annual revenue of $16 million from its service area of MD, DC, PA, and VA. Perry Snyder is the company’s founder and chair while Don Good, formerly of HCIA, is president and CEO.

Patrick Cline, President of NextGen Healthcare said "We have been very pleased with the demand we have seen for our revenue cycle management services, and while we remain committed to organic growth in all areas of our business, PMP will help to build out our RCM capability both geographically and with regard to capacity and talent. This acquisition also continues to build our base of recurring, visible revenue. Like HSI, PMP presents a number of strategic synergies." 

View/Print Text Only View/Print Text Only


HIStalk Featured Sponsors

     







Subscribe to Updates

Search


Loading

Text Ads


Report News and Rumors

No title

Anonymous online form
E-mail
Rumor line: 801.HIT.NEWS

Tweets

Archives

Founding Sponsors


 

Platinum Sponsors


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gold Sponsors


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reader Comments

  • Veteran: #fakenews...
  • Vaporware?: Secretary Shulkin: "the American healthcare system hasn’t yet figured out interoperability, but the VA can lead the wa...
  • Justa CIO: The reported go live date for McLaren Oakland is wrong. There are no dates set for activations for any locations. Post...
  • Brian Too: I admit I am partial to the quoted ICD-10-CM of "S07.9XXA Crushing injury of head, part unspecified, initial encounter....
  • Cosmos: As others in the comments section have pointed out before, GE's EMR for athletes is ironically a health record for the h...
  • HIT MD: I appreciate the thoughtful postings on this topic, particularly those by Ross Martin and LMNOP. I've never participate...
  • My Two Cents: Re: I wish we could all just get along and put the patient at the center of what we do. Yep, I get more and more disc...
  • bbc: Did you take the Hippocratic Oath in Med school? does the slightest thought of helping your patients concern you at all...
  • My Two Cents: I have a few concerns about the article Mr. Crane wrote on Drug Pricing Transparency and respectfully disagree and quest...
  • Brian Too: Aha! That makes more sense now. Thank you for clarifying....

Sponsor Quick Links