MDeverywhere, a physician revenue cycle management vendor, has acquired Advanced Health Management Services, which offers practice management and credentialing services. Terms were not disclosed. The acquisition will broaden the product line that MDeverywhere provides to physician practice groups and hospitals, the company says.
MDeverywhere’s software encompasses practice management software, coding rules engines, contract monitoring tools and claims management, while Advanced Health serves 100 provider organizations. “Today the physician credentialing process and practice management consulting service are critical components of the revenue cycle process,” said MDeverywhere CEO Ann Bilyew in a statement. MDeverywhere’s majority shareholder, Marlin Equity Partners, funded the acquisition. MDeverywhere’s majority shareholder, Marlin Equity Partners, funded the acquisition.
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