Apr 5
2014
edgeMED Acquires Revenue Cycle Management Company Physician’s Billing Alternative
edgeMED, a national provider of cloud-based medical office software, medical billing services and healthcare IT solutions, announced today its acquisition of privately held Physician’s Billing Alternative (PBA), a full-service provider of medical billing and collections solutions for physicians and healthcare organizations nationwide. For more than twenty years, PBA has specialized in coding, billing and reimbursement services and is particularly focused on optimizing the reimbursement process. In addition to the thousands of providers presently using edgeMED’s practice management applications, the merger of edgeMED and PBA leads to a combined business that now provides medical billing services to hundreds of medical practices nationwide.
“PBA is regarded throughout the industry as highly ethical with a strong track record of quality, accuracy, customer service and physician reimbursement increases,” said edgeMED CEO Ryan Kurstin. “Its culture and focus on medical billing and collections is a natural fit for edgeMED and our strategic expansion plans. And joining forces with the PBA team will help further strengthen edgeMED’s physician services offered through our edgeMED Essential revenue cycle management solution. We are excited to welcome the client’s and outstanding team at PBA to the edgeMED family. In particular, I’m pleased that Gary Dobel has taken an ownership interest in edgeMED and accepted the position as President, as his leadership, both in our Company as well as the industry, will be enormously valuable to edgeMED and our clients.”
According to Gary Dobel, CEO of PBA, “The decision to join edgeMED was based on our shared core values of compliance, teamwork, integrity and a commitment to client satisfaction. Our client partnerships are our top priority, and with edgeMED, we are now able to provide additional resources that will further enable their success. We plan to integrate our respective best practices, technologies and services to further enhance the overall customer experience and value proposition. We are thrilled to join the edgeMED team.”
The acquisition of PBA favorably positions edgeMED for the expected growth in physician RCM solutions. The combined company serves thousands of healthcare providers across the U.S. representing all medical specialties. edgeMED’s cloud-based platform comprised of practice management and technology-enabled medical billing services, along with integrated EHR and Managed IT services, are designed to improve collections, enhance access to data and streamline the medical billing process.
About edgeMED
Founded in 1981 and headquartered in Boca Raton, Florida, edgeMED specializes in medical billing and practice management services, HIPAA compliant healthcare IT solutions, and EHR solutions. edgeMED’s portfolio of products and services are designed to enable healthcare providers to distribute world-class patient safety, clinical outcomes and financial results.
For more information, visit www.edgeMED.com
About Physician’s Billing Alternative
A trusted, professional revenue cycle management company, Physician’s Billing Alternative has provided revenue cycle management services for the last twenty years, building a national impression from the company’s base in Coral Springs, Florida. Through expertise created by PBA’s deep customer relationships, the company has extended its medical billing and collection services to include physician credentialing and best practice consulting. PBA has succeeded by helping its medical practice customers operate more efficiently and effectively while ensuring they get paid for their important work of providing patient care.