Watertown, Mass.-based athenahealth Inc., which offers outsourced physician billing services and practice management/electronic health records software, will acquire Proxsys LLC, which offers outsourced services and proprietary software to manage the physician referral process.

Under the terms of the acquisition, expected to close during the third quarter of 2011, athenahealth will pay $28 million and up to $8 million more upon achievement of certain business and financial milestones.

Register or login for access to this item and much more

All Health Data Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access