Quality Systems acquisition
Acquisition brings NextGen Practice Solutions additional resources for addressing increased market demand for revenue cycle services.
IRVINE, California--Quality Systems has announced the acquisition of Matrix Management Solutions to support the growth of NextGen Practice Solutions offering.
Since 1998, North Canton, Ohio-based Matrix Management Solutions, a reseller for NextGen Healthcare, has provided revenue cycle management services, health-care IT solutions and training, implementation, and support centered around NextGen technology to clients nationwide.
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The acquisition will enable NextGen Practice Solutions to expand its footprint among private and hospital-based physicians and groups by leveraging Matrix’s RCM expertise. NextGen Practice Solutions partners with more than 5,000 providers to optimize use of the NextGen product suite with best practice, customizable revenue cycle management services including, but not limited to, billing and collection services, eligibility verification services, account management, and data analytics.
Upon completion of the acquisition--which closed April 16, 2012--Sharon Funk, chief operating officer at Matrix Healthcare, will assume the role of vice president and general manager at NextGen Healthcare’s North Canton facility. Matrix Management Solutions president Mark Terpylak, MD, will remain with the company to provide ongoing support to the customer base and serve in a strategic consulting role around health-care transformation.
”Matrix has had an exclusive relationship with NextGen since its founding in 1998,” said Dr. Terpylak.
"We have thoroughly enjoyed the partnership, and are extremely excited about the synergies this acquisition will offer our current and future customers. As health care continues to transform, our collaborative skills will allow NextGen to further assist and support our customers on this journey."
Added Monte Sandler, executive vice president of NextGen Practice Solutions: “As RCM services continue to evolve and expand, it’s critical for health-care organizations to align with a trusted partner that can deliver real improvements to their bottom line. The knowledge and expertise that Matrix provides surrounding NextGen’s technology, coupled with their years of use and seamless integration, is a natural fit for our NextGen Practice Solutions business unit. We believe this acquisition will enhance our team, further strengthen our capabilities, expand our client base, and position us to continue to meet increased market demand for RCM services.”
For more information, go to www.matrixmso.com.
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