MMedHQ provides technology-enabled administrative and consulting services for outpatient healthcare. Its offerings cover HR, client accounting and finance, revenue cycle management, staffing, and advisory services, delivered through a tech-enabled platform. Core tasks include payroll, benefits administration, financial reporting, AP automation, medical coding, denial management, and recruitment for clinical and non-clinical staff. The company distinguishes itself by offering end-to-end outsourcing and advisory support for outpatient providers and expanding through acquisitions to broaden capabilities in nursing talent, hospital-physician joint ventures, and revenue cycle services, with the goal of letting providers focus on patient care.
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Industries
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Westchester, IL
Founded
2002
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Avanza + MedHQ, a US provider of management and advisory services to hospitals, ambulatory surgery centres (ASCs), and physicians, has hired Stacy LaLonde as vice president of payer contracting. LaLonde has more than 25 years of healthcare experience in managed care, payer strategy, reimbursement analytics, and ASC growth. She previously worked at Compass Surgical Partners, Surgical Management Professionals, Atlas Healthcare Partners, and Surgical Care Affiliates. She will lead the company's ASC managed care strategy, advising on payment models, contracting approaches, and market dynamics that affect reimbursement. "Managed care contracts have a direct effect on an organization's financial performance," said Steve Mason, president and chief operating officer. Her appointment follows the company's acquisition of Fulcrum Strategies, a payer contracting firm founded by Ron Howrigon. She will work with Howrigon, who focuses on physicians.
Avanza + MedHQ, a US provider of advisory, management, and administrative services to hospitals, ambulatory surgery centres, and physicians, has acquired Fulcrum Strategies, an independent payer contracting firm. The deal adds a dedicated payer contracting service to its platform. Founded in 2004 by Ron Howrigon, Fulcrum has represented more than 5,000 providers in health plan negotiations. It has secured over $100 million in rate increases and supports more than 100 clients on contracts worth over $1 billion. Howrigon, a former manager at Kaiser Permanente, Cigna HealthCare, and Blue Cross Blue Shield, will lead the new Payer Relations and Contracting service line. "Our clients have been clear that they need more support here," said chief executive officer Erik Miller.
Erik Miller, President, will assume CEO role in early 2025; founder Tom Jacobs continues as board member and senior advisorWESTCHESTER, Ill., Dec. 19, 2024 /PRNewswire/ -- MedHQ, healthcare's leading provider of advisory and administrative solutions to hospitals/health systems, outpatient healthcare/ambulatory surgery centers, and physicians/provider groups throughout the United States, has announced the company's President, Erik Miller, will assume the CEO role in early 2025.Miller joined MedHQ in 2023. "Erik has played an instrumental role in broadening MedHQ' s reach and integrating service lines," says Founder Tom Jacobs. "His transition to CEO has been in process for more than a year, and we are excited to see Erik and the rest of the MedHQ team lead the company in its next phase of growth."Kyle Stanbro, Partner at 424 Capital, adds, "Erik's leadership, combined with his strategic vision and results-driven approach, uniquely positions him to lead MedHQ to even greater success. We are excited to see MedHQ continue to expand its impact under his guidance."Jacobs founded MedHQ in 2003 as a mission-critical provider of human resources and financial management services for healthcare organizations. The company partnered with 424 Capital in 2022 to accelerate MedHQ's growth and expand its service offering."I am honored to lead MedHQ and its incredibly talented team at such an exciting time in the company's journey," says Miller
MedHQ has acquired Trajectory Revenue Cycle Services (Trajectory RCS) to expand its healthcare advisory and administrative solutions. Trajectory RCS, based in Wichita, Kansas, is known for its collaborative revenue cycle management and strong ROI for healthcare providers. This acquisition adds over 150 team members to MedHQ, enhancing its capacity to serve physicians, outpatient clinics, and hospitals. MedHQ aims to strengthen its core functions and scale its provider partnerships.
/PRNewswire/ -- MedHQ, a leading provider of human resources and financial management services to healthcare providers across the country, announced today the...
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Industries
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Westchester, IL
Founded
2002
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs