Does Every Payroll Service Need an EHR? ADP Payroll Bought One-AdvancedMDs-More Integrated Business Algorithms

Mergers and acquisitions continue in healthcare and perhaps we will see more like this one?   If you have not caught on yet, the financial side is kind of ruling today with acquisitions being on steroids.  Part of the reason here too is the combination of data for more extreme business intelligence data analysis.  Some of the medical record businesses have done the opposite, with either an acquisition or a committed partnership.  Many have practice management incorporated so this is where the dollar actions take place with the billing too.

Now you can theoretically do your payroll via the practice management and EHR combination, or at least it will more than likely go that direction with hours, tracking log ons, etc.  If one were a doctor working in several locations, I could see this connection with log on time, etc. for one simple example.  Data will be connected, analyzed and more intelligence created here.  If an MD were already on the payroll at ADP, then they could also perhaps provide training services too on how to use the medical records system.  Again, when HIMSS bought out Medical Banking a couple of years ago I think that was the ultimate hint at the move to transactions and more business intelligence methodologies to be incorporated.  BD 

ROSELAND, N.J., March 1, 2011 /PRNewswire/ -- ADP ®, a leading provider of human resource, payroll and benefits administration services, today announced that it has acquired AdvancedMD, a highly respected, privately-held provider of practice management (PM) and electronic health records (EHR) solutions targeting small and mid-sized medical practices. 

Ranking among the top 10 PM and EHR providers today, AdvancedMD's innovative, cloud-based solutions are utilized by more than 10,000 physicians in 4,100 practices and by more than 300 regional billing partners across the United States.  At the same time, ADP's Small Business Services currently provides an array of integrated HR, payroll and benefits outsourcing services to more than 45,000 physicians in approximately 13,500 small to mid-sized practices.  By leveraging the collective offering of AdvancedMD's PM and EHR solutions, and combining that with ADP's full set of services and long-standing history of serving medical professionals, ADP is now uniquely positioned as an integrated, single-source provider of Medical Practice Optimization.

ADP Acquires AdvancedMD, A Leading Provider of Cloud-based Solutions for Practice Management,... -- ROSELAND, N.J., March 1, 2011 /PRNewswire/ --

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