Expands customer base in the New York City area
Louisville, Ky. — April 5, 2017 — iHealth Solutions, LLC, a leading healthcare software and services company, announced today it has completed the acquisition of New Jersey-based emPower Docs LLC. With this acquisition, iHealth adds emPower’s loyal customer base in the New York City area to its portfolio, along with superior medical revenue cycle processing centers in the cities of Chennai and Bangalore in India.
iHealth drives results for hospitals and physician practices with industry-leading technology and consultative services that optimize existing processes and support new payment and care delivery initiatives. By incorporating advanced analytics with a deep understanding of the healthcare ecosystem and a commitment to maximizing efficiency and effectiveness, iHealth helps providers navigate the future of healthcare.
Venkat Sharma, iHealth’s chief executive officer, will head the combined companies. Morty Lempel, former principal and director of sales at emPower, and Raj Dharmaraj, emPower’s principal and director of operations will continue with iHealth in sales and operations roles respectively. The current iHealth management team will lead iHealth, supported by emPower’s strong global operations.
emPower’s base of customers in the greater New York City market includes large independent practices that specialize in vascular surgery, cardiology, orthopedics, and several primary care specialties. “These customers augment iHealth’s existing enterprise customer base while also strengthening iHealth’s current revenue cycle services to hospitals and large practices in the Northeast,” said Mr. Sharma. “New York City is a unique market, and Raj and Morty’s deep experience will greatly benefit iHealth as it strives to become the preeminent, national technology and services solution for healthcare providers.”
“We are delighted to be part of a growing, innovative healthcare company. iHealth’s technology and information-driven processes will help us exceed our customers’ expectations for revenue improvement,” said Mr. Dharmaraj.
Mr. Lempel expressed optimism about the acquisition as well. “I am excited about leveraging the combined strengths of emPower and iHealth to rapidly develop business in this ever-changing healthcare market.”
iHealth provides comprehensive revenue cycle management (RCM) services through a robust, innovative technology suite. By integrating RCM with population health and care coordination services, iHealth can help hospitals and physicians increase their existing revenue stream, uncover new payment opportunities and elevate RCM to Revenue Cycle Performance™. www.iHealthInnovations.com
Stacy State, sstate@iHealthInnovations.com, 502-744-7409