JAN 28, 2010 4:18pm ET

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Equation Consulting Makes a Buy

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Salt Lake City-based Equation Consulting, which offers to providers a range of advisory data analytics technology, has acquired Nashville, Tenn.-based Healthcare Compliance and Consulting Resources Inc. Terms of the acquisition were not disclosed.

Both companies serve large physician practices and hospitals. HCCR offers services to physician practices covering such areas as regulatory compliance, best business practices and interim management, process improvement, chargemaster management, coding and reimbursement, and physician contract reviews.

Cheryl Waltko, president and CEO at HCCR, will serve as vice president and a managing director at Equation.  HCCR clients will continue to work with the same consultants, service contracts will not be affected, and invoices will come from Equation, according to the firms. HCCR clients will have access to physician data and analytics from Equation, and Equation clients will have access to implementation and interim management expertise.

More information is available at equationconsulting.com and hccrinc.com.

--Joseph Goedert

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Looking to build better care coordination, health systems are buying physician groups in droves. Making the deal work, however, requires careful management on the I.T. front.

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