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Web Based Medical Billing Software Market Growth and Key Players Analysis
The Web Based Medical Billing Software Market is projected to reach USD xx.x billion by 2031, with a CAGR of xx.x percent from 2024 to 2031. Key players include Cliniko, SimplePractice, and NextGen Healthcare, among others. The market analysis covers trends, growth drivers, and competitive landscape, providing insights for businesses to navigate the evolving industry.
major healthcare deals announced including acquisitions and mergers this week
This week saw significant healthcare deals, including VitalHub's acquisition of Strata Health for approximately $23.3 million, aimed at expanding into the electronic referral market. Private equity firm Francisco Partners plans to acquire AdvancedMD for $1.12 billion, while CareTrust REIT is set to purchase 31 nursing homes for $500 million. Additionally, Black River Memorial Hospital and Krohn Clinic in Wisconsin have agreed to merge, forming Black River Health, with the deal expected to close on December 30.
francisco partners to acquire advancedmd from global payments in strategic move
Francisco Partners has agreed to acquire AdvancedMD, a Utah-based medical office software provider, from Global Payments, Inc. The deal, with no disclosed financial terms, will see Amanda Sharp continue leading the company as CEO. The acquisition is expected to close in Q4 2024, enhancing AdvancedMD's focus on customer service.
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