February 15, 2012 REVENUE CYCLE MANAGEMENT M&A
A few days ago, Medical Transcription Billing Corporation announced its acquisition of United Physicians Management Services. This transaction follows several recent deals in the revenue cycle management space.
Back in January, MedData, a medical billing services provider, announced its acquisition of MedDirect, a revenue cycle management company.
Meanwhile, some similar deals in February include Recondo Technology’s acquisition of Trilogi, Benchmark Revenue Management’s merger with Avadyne Health, and Automatic Data Processing’s acquisition of PhyLogic Healthcare.
In our Full Year Healthcare M&A trends report, we pointed out that Blackstone Group’s acquisition of Emdeon, a revenue and payment cycle management solutions company, was the largest Healthcare transaction for 2011, with an acquisition price of $3 billion.