Quality Systems, a developer of connectivity products and services, has purchased Matrix Management Solutions.
Quality Systems and its subsidiary, NextGen Healthcare, develop computer-based practice management, electronic health records and revenue cycle management (RCM) applications for medical and dental group practices.
Matrix Management said it has provided RCM services, healthcare IT solutions and training, implementation and support centered around NextGen technology.
The acquisition will enable NextGen Practice Solutions to expand its footprint among private and hospital-based physicians and groups by utilizing Matrix’s RCM expertise.
NextGen Practice Solutions executive vice president Monte Sandler said, "We believe this acquisition will enhance our team, further strengthen our capabilities, expand our client base and position us to continue to meet increased market demand for RCM services."
Matrix Management Solutions president Terpylak said, "We have thoroughly enjoyed the partnership and are extremely excited about the synergies this acquisition will offer our current and future customers."