SEATTLE, WA--(Marketwired - April 13, 2015) - Corum Group, the leading M&A advisory firm for software and related technology companies, announced today the acquisition of its client, electronic medical record (EMR) and practice management (PM) solution provider e-MDs, by Marlin Equity Partners. Following the acquisition, e-MDs has been merged with MDeverywhere, a Marlin portfolio company and provider of revenue cycle management (RCM) services and credentialing for physicians.
"We are very pleased to see this partnership come to fruition," said Corum Group President Nat Burgess, who led the deal. "In a highly competitive process, Marlin's expertise in healthcare, early efforts to build strong relationships with the team members, and resources in RCM made them the clear choice for e-MDs."
Dr. David Winn, physician founder and CEO of e-MDs, who will be retiring, stated, "The combined company is well positioned to accomplish great things. I leave with the confidence that e-MDs customers are in good hands, and I am grateful for Corum's diligent work to ensure that we came together with the right partner."
Jim Brady, a healthcare operating executive at Marlin, will serve as the interim CEO of the combined company. He added, "I look forward to working with the teams at both companies to serve the needs of our physician customers across the country. The ability to bring together e-MDs' top-ranked PM and EMR platform with MDeverywhere's RCM solution further enhances the company's ability to meet the needs of physicians and other clinicians who are facing continuing challenges and uncertainty within healthcare today."
The acquisition of e-MDs marks Corum's fifth sale of a healthcare technology client in the last two years. On April 30, Corum will participate in a Market Spotlight webcast focusing on M&A in healthcare software and related technology, hosted by World Financial Symposiums. For more details, visit www.corumgroup.com/healthcare
About Corum Group
Corum Group is the global leader in merger and acquisition services, specializing in serving sellers of software and information technology companies worldwide. With offices globally, Corum has completed over US $7 billion in software M&A transactions over the last 30 years, spanning six continents. Corum also educates the industry with its popular conferences and publishes the most widely distributed software M&A research. Corum's M&A advisors are highly experienced former tech CEOs, who are supported by the industry's leading researchers, writers and valuators.
e-MDs is a leading developer of integrated electronic health records and practice management software for physician practices and enterprises. Founded and actively managed by physicians, the company is an industry leader for usable, connected software that enables physician productivity and a superior clinical experience. e-MDs software has received continual top rankings in physician and industry surveys including those conducted by the American Academy of Family Physicians' Family Practice Management, AmericanEHR™ Partners, MedScape®, and Black Book®. For more information, please visit http://www.e-mds.com, http://facebook.e-mds.com and http://facebook.e-mds.com.
MDeverywhere is a leading provider of revenue cycle management (RCM), electronic medical record and credentialing services to physicians. The company's RCM solution includes ICD-10 ready, purpose-built, cloud-based practice management software, coding rules engines, contract monitoring tools and full-scope claims management and back-office services, that are proven to streamline workflow, decrease denials and increase revenue. Founded in 1995, MDeverywhere currently serves over 7,000 physicians nationwide, including solo practices, group practices, large faculty practices, and hospitals across over 40 different specialties. For more information visit www.mdeverywhere.com.