Company:CollaborateMD

From HandWiki
Short description: American software company


CollaborateMD
TypePrivate
IndustrySoftware
Founded1999; 25 years ago (1999)
FoundersDouglas Kegler[1]
HeadquartersOrlando, Florida, U.S.
RevenueUS$11,600,000 (2016)[2]
Websitewww.collaboratemd.com

CollaborateMD is a private company that provides cloud-based medical billing and practice management software services for independent medical practices and hospitals.[3][4] The company's software uses real-time claim submission and built-in edits and integrates with various electronic health records (EHRs).[5]

The company's headquarters are based in Orlando, Florida.[6][2]

History

The company was founded in 1999, by Douglas Kegler, who previously used to code dental and medical billing programs.[7]

In April 2008, the company changed its former name XGear Technologies, Inc. to CollaborateMD, Inc. As of 2017, the company has processed over $46 billion worth of medical claims for 20 million patients.[8]

In 2019, the company was acquired by EverCommerce.[9]

References

  1. "Why was CollaborateMD Started?". https://www.collaboratemd.com/company/our-story. 
  2. 2.0 2.1 "50 digital health companies share 2016 revenues to land on the Inc 5,000 list". MobiHealthNews. August 18, 2017. http://www.mobihealthnews.com/content/50-digital-health-companies-share-2016-revenues-land-inc-5000-list. 
  3. "Taming The High Cost of Health Care: What You Need to Know About Health Savings Accounts". World News. August 11, 2017. http://u.wn.com/2017/08/11/Taming_The_High_Cost_of_Health_Care_What_You_Need_to_Know_Ab/. 
  4. Ferguson, Jill L. (August 27, 2017). "Ways Healthcare Changes Affect Providers and Consumers". https://www.huffingtonpost.com/entry/ways-healthcare-changes-affect-providers-and-consumers_us_597a43cbe4b0c69ef705269e. 
  5. Wyher, Taylor (September 10, 2017). "CollaborateMD Explains Why Florida Medical Practices Need To Streamline Their Claims Process". http://jacksonville.com/blog/twyher/2017-09-10/collaboratemd-explains-why-florida-medical-practices-need-streamline-their. 
  6. "Company Overview of CollaborateMD, Inc.". November 10, 2017. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=8102483. 
  7. Beall, George (August 7, 2017). "What it takes to build a multi-million dollar company". TNW. https://thenextweb.com/2017/08/07/takes-build-multi-million-dollar-company/. 
  8. "CollaborateMD Releases v9.6 With Patient Payment Plans and Patient Notifications". Yahoo Finance. August 23, 2017. https://finance.yahoo.com/news/collaboratemd-helps-medical-practices-manage-185100374.html. 
  9. "CollaborateMD - EverCommerce". https://www.evercommerce.com/software/collaboratemd/. 

External links