CollaborateMD explained

CollaborateMD
Type:	Private
Industry:	Software
Founders:	Douglas Kegler^[1]
Location:	Orlando, Florida, U.S.
Revenue:	US$11,600,000 (2016)^[2]

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]

Notes and References

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