iMedX, Inc. Launches Industry Leading Analytics and Business Intelligence with Acquisition of Prevalent, Inc. and Axcension, Inc.

iMedX, Inc. (iMedX), an international leader in revenue cycle management, medical documentation, and health information solutions has successfully completed the acquisition of Prevalent, Inc. (Prevalent) and Axcension, Inc. (Axcension). Both Axcension and Prevalent are proven providers of cutting-edge healthcare analytics and revenue cycle management consulting services.

The acquisition of these organizations completes another phase of iMedX's ongoing global strategy to enhance healthcare technology and enable unparcelled insight into operations for healthcare facilities with the ultimate goal of improving patient care while also reducing costs.

Proprietary analytics technology from Prevalent, Axcension, and iMedX has been combined to create a never before seen business intelligence solution for healthcare providers, which allows for complete transparency and understanding across multiple systems.

"A comprehensive analytics platform will be a vital part of every provider's RCM workflow in the coming years, which is why these acquisitions are so important to us," said Christopher Foley, Chairman, and CEO of iMedX. "Having thorough insight into billing operations will be a necessity as we continue to maximize reimbursement for our clients in an ever-changing regulatory environment."

New iMedX Analytics will enable healthcare providers to make smarter decisions by giving them a streamlined system to explore all of their organization's data quickly. Through advanced rules and automated monitoring, billing problems or potential areas of improvement can be identified swiftly and resolved.

Existing iMedX products and services such as medical transcription, medical coding, coding education, and consulting projects will also utilize enhanced analytics technology to ensure maximum efficiency and increased ROI for customers.

"These acquisitions bring together the brightest minds and technology to form one cohesive team dedicated to helping clients achieve their operational and financial goals," said Foley. "Our capabilities are more sweeping than ever before, and we can now reach a much broader set of healthcare clients and moreover achieve our goal of reducing costs and improving patient care across the United States."

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