MedData acquires MedDirect
MedData, a medical billing services provider headquartered in Brecksville, Ohio, has acquired MedDirect, a Grand Rapids, Mich.-based patient services provider that sells revenue cycle management and personalized patient communications products to healthcare organizations.
"We've found that it's no longer enough to provide care and bill a payor for payment,” MedData CEO Douglas Thompson said. “It's now essential to incorporate a completely new set of retail oriented revenue cycle tools and develop more meaningful relationships with the patients themselves to ensure a provider's long-term financial health.”
MedData stated it hopes that the services provided by MedDirect will enhance its MedData Plus software, which offers patient services tools intended to assist with patients’ payments and patient satisfaction tracking.
"We've found that it's no longer enough to provide care and bill a payor for payment,” MedData CEO Douglas Thompson said. “It's now essential to incorporate a completely new set of retail oriented revenue cycle tools and develop more meaningful relationships with the patients themselves to ensure a provider's long-term financial health.”
MedData stated it hopes that the services provided by MedDirect will enhance its MedData Plus software, which offers patient services tools intended to assist with patients’ payments and patient satisfaction tracking.