PracticeMax Announces Acquisition of Medi-Data Service, Ltd.
SCOTTSDALE, Ariz.--PracticeMax, a national provider of medical practice management and technology services, today announced it has acquired Medi-Data Service, LTD, (MDS) of Naperville, IL, continuing its expansion of operations throughout the Midwest. Under the direction of president Andy Kokosa, MDS is one of the oldest most respected medical management firms in the Chicagoland area. For over three decades, MDS has provided billing and practice management services across a multitude of specialties, including individual physicians, groups, and hospital owned practices.
“The acquisition of MDS further solidifies our presence in the Midwest, adding depth and capacity for the providers we serve in Chicago and surrounding areas. The addition of Andy and his team is further evidence of our commitment to remain at the forefront in offering robust practice management and technology solutions that help medical practices optimize their business performance,” says Bill Carns, CMPE, CHBME, chief executive officer at PracticeMax.
"With almost 40 years of dedicated service to the Chicago healthcare community, we were determined to find a partner who could build on the foundation we’ve laid. Our customers will now have access to a greater breadth of services and technology than previously available, allowing the practices we serve to keep up with the demands of this rapidly-evolving healthcare environment,” says Kokosa. “I couldn’t be happier for my clients and my staff than to see them join the PracticeMax family as we strive to overcome the many challenges facing healthcare providers today. Joining forces with PracticeMax is the perfect next step for everyone involved.”
Carns described the acquisition as another important step in the company’s quest to offer its services across a broad spectrum of medical specialties. “We know that regardless of specialty, providers need access to experienced, trusted advisors who can deliver a broad scope of services and technology. With our diverse customer base, PracticeMax is well suited to serve ACO’s, Medical Homes and other integrated delivery systems. The synergy created by this acquisition enhances our ability to offer these solutions to an even broader base of providers.”
About PracticeMax
PracticeMax is a national provider of medical practice management and technology services, including billing, software and consulting for medical practice management and clinical operations. PracticeMax's expertise and advanced information technology capabilities, including PM, EHR and HIE solutions, maximize revenue and results for hospital and office-based physician groups, outpatient centers, health systems, ACO’s, school-based professionals and billing services.
The company was founded in 1984 and is headquartered in Scottsdale with regional offices in San Antonio, Shreveport, Portland, Chicago and Phoenix. PracticeMax serves over 5,100 providers in 34 states, processing more than $950M in annual charges for more than 42 different specialties. Learn more at www.practicemax.com.