A provider of EHR, practice management (PM) and revenue cycle management (RCM) solutions for medical practices, Aprima Medical Software, has achieved former reseller Healthcare Data Solutions (HDS) of Coral Cables, FL. Aprima will assume complete support for HDS’s customers as part of the agreement, which involve almost 300 providers in 125 medical practices across fifteen states. Financial terms weren’t revealed.
Health Data Solutions (HDS) works with physician groups across the country to recognize IT solutions that best fit their requirements and to implement and support their ongoing system needs.
Previously, Aprima Medical Software acquired RCM services provider Health Care Strategies in the year of 2011. Since achieving Health Care Strategies, Aprima has grown its RCM client base threefold and quadrupled the dollars under management. As a whole over the same time period, Aprima Medical Software has faced annual double-digit growth in revenue and EBITDA and maintained a 98% customer retention rate.
Nissenbaum said, “We explore opportunities regularly that we consider will give our customers with complementary products or services, or align with our long-term strategy of building revenues and assisting physicians to acquire their financial and care delivery aims. The HDS’s acquisition definitely fits into the second category and we look forward to working with HDS as we transition their consumers to the Aprima support team.”