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Coronis Health announces the completion of its acquisition of Priority Management Group (PMG), a full-service revenue enhancement solution for Federally Qualified Health Centers (FQHC). The pro forma entity expands its offerings to support FQHCs with their billing requirements.
More details can be found at https://www.coronishealth.com
The newly announced acquisition reinforces the dedication of Coronis Health to increase its industry-specific offerings, particularly in streamlining the healthcare billing processes of FQHCs. The company leverages its decades of combined experience in billing management to offer data-driven, action-focused plans that help medical practices improve their revenue.
Emerging data shows that many medical practices overspend billions of dollars each year in purchased services. Many financial experts recommend utilizing a comprehensive software solution that manages all billed services and accounts receivables to reduce margin errors.
Coronis Health is a healthcare revenue cycle management and medical billing company that simplifies this process. Its patented specialized solutions use industry-specific technology combined with high-touch relationship building that helps medical practices maintain their financial independence while providing high-quality patient care.
It sought to acquire PMG to expand its capabilities and better serve its healthcare clients. In particular, it was driven by the growing need of FQHCs to have a simplified, accurate solution for their documentation regulations and compliance requirements.
The expansion continues the mission of Coronis Health to support private medical practices, surgery centers, and hospitals in having a transparent view of their financial assets.
Stephen Grubbs, CEO of Coronis Health, said, “We could not have selected a better partner than PMG to help expand our services to FQHC facilities. Coronis is excited to welcome their team members into our staff and begin supporting these vital facilities.”
Meanwhile, CEO of PMG, Ken Christensen, commented, “We are excited to be part of a uniquely dynamic revenue cycle organization with its broadened service offerings which will offer our clients tremendous value in the coming months. Coronis Health’s diverse national presence paired with our team’s FQHC expertise, will establish Coronis as an effective and powerful offering for the community health clinic environment.”
Interested parties can find more information by visiting https://www.coronishealth.com.
Release ID: 89035883