M&A Deal Summary

AdvantEdge Healthcare Solutions Acquires Hill Associates Healthcare Management Systems

On December 31, 2012, AdvantEdge Healthcare Solutions acquired software company Hill Associates Healthcare Management Systems

Acquisition Highlights
  • This is AdvantEdge Healthcare Solutions’ 1st transaction in the Software sector.
  • This is AdvantEdge Healthcare Solutions’ 6th transaction in the United States.
  • This is AdvantEdge Healthcare Solutions’ 1st transaction in New Hampshire.

M&A Deal Summary

Date 2012-12-31
Target Hill Associates Healthcare Management Systems
Sector Software
Buyer(s) AdvantEdge Healthcare Solutions
Deal Type Add-on Acquisition

Target

Hill Associates Healthcare Management Systems

Plaistow, New Hampshire, United States
Hill Associates Healthcare Management Systems is a provider of revenue cycle management services and software for behavioral health providers.

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Buyer(S) 1

Buyer

AdvantEdge Healthcare Solutions

Warren, New Jersey, United States

Category Company
Founded 1999
Sector Business Services
DESCRIPTION

AdvantEdge Healthcare Solutions is a business process outsourcer (“BPO”) and application service provider (“ASP”) that offers medical claims transaction processing through its proprietary, scalable web-based practice management system to physicians and third-party billing companies. AdvantEdge Healthcare Solutions was founded in 1999 and is based in Warren, New Jersey.


DEAL STATS #
Overall 6 of 7
Sector (Software) 1 of 1
Type (Add-on Acquisition) 6 of 7
State (New Hampshire) 1 of 1
Country (United States) 6 of 7
Year (2012) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-24 Medrium

Morristown, New Jersey, United States

Medrium is a healthcare receivables management company, providing physician groups and hospitals with a web-based receivables management system. Medrium?s system provides rapid and accurate receivables management for providers and reduces insurance company denials. Medrium is a national company with current operations in Californi, New Jersey, and Delaware.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-04 Professional Management

Baltimore, Maryland, United States

Professional Management, Inc. is a provider of billing services to pathology, radiology and emergency medicine physician groups with a strong history of outstanding client service and performance.

Buy -