NextGen Healthcare Information Systems, Horsham, Pa., said it has entered into a deal to acquire St. Louis-based Healthcare Strategic Initiatives, a revenue cycle management company. Terms of the deal were not disclosed.
Healthcare Strategic, a consulting and revenue-management company for health systems, hospitals and physicians, employs 200.
NextGen, a subsidiary of Quality Systems, is expected to make more deals as it expands into physician practice revenue-cycle management, said Brian Parrish, a NextGen spokesman. NextGen, an information systems company that targets the ambulatory-care market, named Tim Eggena, formerly NextGen executive vice president of research and development, to oversee its revenue-cycle business line as executive vice president of practice solutions, Parrish said.