Quality Systems bolsters revenue cycle mgmt line with Matrix buy

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Quality Systems of Irvine, Calif., has acquired Matrix Management Solutions, to support the growth of its NextGen Practice Solutions offering.

Since 1998, North Canton, Ohio-based Matrix Management, a value-added reseller for NextGen Healthcare, has developed revenue cycle management (RCM) services, health IT and training, implementation and support centered around NextGen technology. The acquisition will enable NextGen Practice Solutions to expand its footprint among private and hospital-based physicians and groups by leveraging Matrix’s RCM technologies. 

Upon completion of the acquisition, which closed on April 16, Sharon Funk, chief operating officer at Matrix Healthcare, will assume the role of vice president and general manager at NextGen Healthcare’s North Canton, Ohio facility. Matrix Management President Mark Terpylak, MD, will remain with the company to provide ongoing support to its customer base and serve in a consulting role.

The terms of the agreement were undisclosed.