CollaborateMD

CollaborateMD
Company typePrivate
IndustrySoftware
Founded1999; 26 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?".
  2. ^ a b "50 digital health companies share 2016 revenues to land on the Inc 5,000 list". MobiHealthNews. August 18, 2017.
  3. ^ "Taming The High Cost of Health Care: What You Need to Know About Health Savings Accounts". World News. August 11, 2017.
  4. ^ Ferguson, Jill L. (August 27, 2017). "Ways Healthcare Changes Affect Providers and Consumers". Huffingtonpost.
  5. ^ Wyher, Taylor (September 10, 2017). "CollaborateMD Explains Why Florida Medical Practices Need To Streamline Their Claims Process".
  6. ^ "Company Overview of CollaborateMD, Inc". Bloomberg. November 10, 2017.
  7. ^ Beall, George (August 7, 2017). "What it takes to build a multi-million dollar company". TNW.
  8. ^ "CollaborateMD Releases v9.6 With Patient Payment Plans and Patient Notifications". Yahoo Finance. August 23, 2017.
  9. ^ "CollaborateMD - EverCommerce".