CHANDLER, Ariz.--(BUSINESS WIRE)-- SilverTree Health, a premier provider of physician billing and practice management resources, announced today the completion of a merger with Essential Health Care Solutions, Inc.
SilverTree Health, LLC is the only physician-designed and run provider of practice management resources for physicians, managed-care facilities and hospitals. The company provides full scale medical billing as well as complete back office operational services and resources to physicians and medical practitioners.
Commenting on the deal, SilverTree Health CEO Dr. Michael Fossum said, “I am pleased with the process and thoughtful negotiations leading to the agreement to acquire Essential Healthcare Solutions, Inc. (EHS). The various synergies related to technology, operations and company culture permitted the merger of SilverTree Health (STH) and EHS. SilverTree’s collective client base will receive added benefit within revenue cycle management, practice management functions and yielding increased profits for our clients. We are convinced that the advantages that STH offers through efficiencies, standardized operations, reproducible outcomes and economies of scale will assist STH in growth plan and increase bottom line profit.”
This merger reflects the strategy of SilverTree Health and Essential Healthcare Solutions to provide high-quality, innovative and cost-effective services while increasing profits for their clients.
“I am very excited to be joining the SilverTree Health team. The synergy created by this partnership will enhance the ability to broaden the services for the clients of Essential Healthcare Solutions, who will now have access to additional products and technology than was previously available,” said Marcia White, President and CEO of EHS. “I am pleased to have the opportunity to join such a well-experienced management team, led by Dr. Michael Fossum, who has created a track record within the healthcare community with proven results in increasing medical revenues and profits for healthcare providers in this ever-changing healthcare environment.”
About SilverTree Health
SilverTree Health is the premier provider of medical insurance reimbursement and practice management resources. Our powerful service for providers combines proprietary Web-based practice management software, the largest database of billing rules, and most importantly, SilverTree’s medical collections specialists. SilverTree Health provides a unique approach to billing and practice development, designed explicitly to provide a profit boost. For more information, visit www.silvertreehealth.com or call toll-free at 1-877-216-4777.
About Essential Healthcare Solutions, Inc.
Essential Healthcare Solutions is a comprehensive medical reimbursement consulting company dedicated to helping healthcare providers to become more efficient and profitable by offering an outsourcing option for their insurance processing, billing and reimbursement. EHS provides expert advice for all areas of healthcare practice management including: contracting, bookkeeping, transcription, scheduling, purchasing and consulting.
Michael Fossum, 480-222-5170
Essential Healthcare Solutions
Marcia White, 877-216-4777
KEYWORDS: United States North America Arizona
INDUSTRY KEYWORDS: Technology Software Practice Management Health Hospitals Professional Services Insurance General Health Managed Care