iHealth acquires emPower Docs

iHealth Solutions, a healthcare software and services company based in Louisville, Ky., acquired New Jersey-based emPower Docs, a provider of revenue improvement services for large independent practices.

Advertisement

Through the acuqistion, iHealth will add emPower’s New York City-based customers to its portfolio, as well as medical revenue cycle processing centers in Chennai and Bangalore, India.

Venkat Sharma, CEO of iHealth, will head the combined companies.  

“[EmPower’s] customers augment iHealth’s existing enterprise customer base while also strengthening iHealth’s current revenue cycle services to hospitals and large practices in the northeast,” Mr. Sharma said. “New York City is a unique market, and [emPower’s] deep experience will greatly benefit iHealth as it strives to become the preeminent, national technology and services solution for healthcare providers.”  

More articles on healthcare finance:
Arizona hospital falls into bankruptcy less than 2 years after opening
Key West commissioner: CHS hospital’s profit margin is ‘obscene and unconscionable’
SSM Health’s operating income tumbles after St. Louis hospital acquisition

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.