BIRMINGHAM, Ala., June 4, 2012 /PRNewswire/ -- SuccessEHS has announced the acquisition of Integrated Physician Systems (IPS), a comprehensive healthcare professional services firm. IPS offers revenue cycle management, business services and strategic advisory and consulting services to healthcare entities across the U.S. The addition of IPS will incorporate full practice management services into SuccessEHS's current offerings, which include an Electronic Health Record (EHR) and Practice Management solution with Integrated Medical Billing Services, as well as Electronic Dental Record (EDR) and Dental Imaging solutions.
The addition of a complete set of practice management services to SuccessEHS's existing billing and consulting services underscores the company's commitment to helping its clients successfully navigate the business of medicine. IPS has extensive experience in supporting and guiding healthcare business functions, currently providing professional services to more than 70 practices.
"SuccessEHS has had a long-standing relationship with IPS," said W. Sanders Pitman, President and CEO of SuccessEHS. "The addition of IPS's professional services to SuccessEHS's existing offerings was a logical step for our two companies. We believe that the efficiencies created by having a complete EHR and full practice management services all in one place will empower practices to thrive in a challenging healthcare market."
IPS will function as a wholly-owned subsidiary of SuccessEHS, which has retained the company's Orlando offices, as well as all employees and management. Prior to the acquisition, the two companies maintained a partnership of more than 10 years. For more than two years, SuccessEHS has held minority ownership of IPS. The acquisition transfers full ownership to SuccessEHS from former majority owners Dr. Gene Pascarella, Dr. Robert Katz and Dr. Jon Hultman, who will all remain with IPS in a consulting capacity.
"I began using the SuccessEHS software in my own practice in 2001, and IPS clients across the country have used SuccessEHS software for more than a decade, with great success," said Pascarella. "IPS's association with SuccessEHS has been an essential component in supporting the growth of my practice and other large SuperGroups across the country. In addition to creating efficiencies and supporting growth opportunities, the SuccessEHS solution enables physicians to provide a level of care that would be difficult to achieve otherwise. Furthermore, it supports the protection of patients by integrating many aspects of their care. We are confident that this new relationship will have even greater benefits for all our clients."
Jeff Walker, CEO of IPS, noted, "The strength of the SuccessEHS solution, coupled with the expertise of IPS in improving revenue and creating efficiencies, is unique in the marketplace. The robust combination of solutions and services has provided IPS clients immense advantages. Clients select IPS to improve their performance and enhance their strategic advantage in their region. The SuccessEHS software provides the IPS management team with optimal tools and analytics to maximize client performance."
SuccessEHS is a nationally acclaimed vendor providing Electronic Health Record (EHR) and Practice Management solutions with Integrated Medical Billing Services. SuccessEHS also provides Electronic Dental Record (EDR) and Dental Imaging solutions. Founded in 1995, SuccessEHS established itself as a leader in the emerging practice management applications market by delivering an innovative blend of clinical, operational and financial software paired with a suite of specialized integrated success services. SuccessEHS, entirely in-house developed and supported, has achieved multiple certifications from CCHIT.
SuccessEHS's SuccessEHS 6.1 is a CCHIT Certified ® 2011 Ambulatory EHR additionally certified for Child Health, with a 5-star usability rating.
Success EHS 6.1 is also 2011/2012 compliant and was certified as a Complete EHR on September 30, 2010 by the Certification Commission for Health Information Technology (CCHIT®), an ONC-ATCB, in accordance with the applicable certification criteria for Eligible Providers adopted by the Secretary of Health and Human Services. The certification ID number is CC-1112-909422-1. The clinical quality measures certified include: NQF 0421, NQF 0013, NQF 0028, NQF 0041, NQF 0024, NQF 0038, NQF 0043, NQF 0031, and NQF 0034. The additional software used in testing includes Multum, SuccessEHS Patient Portal, ExitCare Patient Education, and Oracle. This certification neither represents an endorsement by the U.S. Department of Health and Human Services nor guarantees the receipt of incentive payments.
About Integrated Physician Systems
Founded in 2000, Integrated Physician Systems (IPS) provides healthcare professional services to approximately 250 healthcare professionals in 35 states. IPS currently manages approximately $250 million in accounts receivable, and serves clients in the core areas of revenue cycle management, business services, and strategic advisory and consulting services. IPS was acquired by healthcare software and services vendor SuccessEHS in 2012, and operates as a wholly-owned subsidiary.