Ambulatory EHR Vendor eMDs Buys Aprima
In a sign that consolidation is continuing in the ambulatory EHR vendor space, eMDs Inc. has acquired Aprima Medical Software, which provides EHR and practice management, and revenue cycle management solutions.
The combined company’s solutions are used by more than 63,000 providers in over 26,000 practices and hospitals across the world. Aprima won the 2018 Best in KLAS ranking in the Small Practice Ambulatory EMR/PM Category (1-10 physicians).
Austin, Texas-based eMDs has grown through acquisition and merger before. In 2016 it purchased some of the ambulatory EHR assets of McKesson Business Performance Services. Included in that sale were McKesson Practice Choice, its cloud-based EHR; its Medisoft and Lytec MD server-based EHRs; and Practice Partner, its practice management software. That deal followed closely on the heels of 20-year-old eMDS hiring a former McKesson executive as its new CEO.
Prior to joining privately held eMDs in February 2016, Derek Pickell was the CEO of Convergent Revenue Cycle Management Inc.. Before Convergent, he was the vice president and general manager of McKesson Provider Technologies. In this role, he was responsible for the success of the physician office-based software and revenue cycle outsourcing business.
In 2015, Marlin Equity Partners purchased e-MDs and merged it with MDeverywhere, an existing Marlin portfolio company and provider of revenue cycle management services and credentialing for physicians.
The combined company will operate as eMDs and Aprima, an eMDs company, until the integration is finalized. It will be headquartered in Austin, with additional facilities throughout the United States and India.
Pickell will lead the combined organization, while Michael Nissenbaum, the current Aprima CEO, will serve in an advisory role during the integration. The remainder of the leadership team will be drawn from the executive teams of both companies.
