M&A Deal Summary

PracticeXpert Acquires Healthcare Billing Solutions

On August 31, 2003, PracticeXpert acquired healthcare services company Healthcare Billing Solutions

Acquisition Highlights
  • This is PracticeXpert’s 1st transaction in the Healthcare Services sector.
  • This is PracticeXpert’s 1st transaction in the United States.
  • This is PracticeXpert’s 1st transaction in Montana.

M&A Deal Summary
Date 2003-08-31
Target Healthcare Billing Solutions
Sector Healthcare Services
Buyer(s) PracticeXpert
Deal Type Add-on Acquisition

Target

Healthcare Billing Solutions

Great Falls, Montana, United States
Healthcare Billing Solutions, Inc. is a provider of medical billing and practice management services to physician practices.

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Buyer(S) 1

Buyer

PracticeXpert

Calabasas, California, United States
Category Company
Founded 1984
Sector Information Technology
Employees151
DESCRIPTION

PracticeXpert, Inc. is a provider of administrative services to, as well as developing and deploying systems, technologies and services designed to improve operational efficiencies, reduce billing errors and enhance cash flow for, medical practitioners.

DEAL STATS #
Overall 1 of 3
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Montana) 1 of 1
Country (United States) 1 of 3
Year (2003) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-06 Physicians Informatics

United States

Physicians Informatics, Inc. (dba PracticeOne) is a provider of HIPAA compliant integrated software and service solutions that address core practice management, clinical management and claims management enabling physician practices to increase productivity.

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