Here are four things to know:
1. AdvancedMD created Rhythm, an end-to-end cloud platform that automates all aspects of workflow for independent physician practices and medical billing services.
2. NueMD is a multi-tenant, software as a service platform, offering direct-to-payer clearinghouse that delivers same day claims processing to practices in nearly all specialties. NueMD also offers medical billing outsourcing services.
3. As a result of the transaction, AdvancedMD’s North American footprint will increase by 27 percent, expanding to 11,000 medical practice clients and 33,000 practitioners. AdvancedMD will retain NueMD offices in Marietta, Georgia.
4. Marlin Equity Partners, a global investment firm with over $6.7 billion of capital under management, owns AdvancedMD.
More articles on coding, billing and collections:
Allstate files $2M suit against ASCs, orthopedic surgeons and others: 4 things to know
Coding tip of the day: Understand the importance of operative reports
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.