Our History
STRATEGICALLY BUILDING CAPABILITIES AND RELATIONSHIPS
We are growing with purpose – to carefully cover all of your RCM needs from end-to-end, to constantly improve our consultative and technological offerings, and to help you maximize your revenue with ease.
Since our founding in 2010, we have grown leaps and bounds – acquiring numerous businesses, partnering with hundreds of hospital systems and 10,000+ physicians across the U.S., and boasting an impressive ROI of 400-1000% for our end-to-end RCM clients.
Our Milestones
2010
AUGUST
Med-Metrix Incorporated – Our operator-founders saw your RCM challenges firsthand. We knew there was a better way, so we built it, and named it Med-Metrix.
AUGUST
Pharmatek Systems is incorporated to help hospitals handle the many administrative requirements of free drug programs.
2011
MARCH
We acquired Healthware Concepts to bolster our decision support capabilities, contract management, and cost accounting.
NOVEMBER
1st Comprehensive Outsource – In our first outsource for a major health system, we drove a 9% improvement on net revenue of $347M in the first year.
2013
SEPTEMBER
Workflow's 1st hospital go-live – We had three go-lives in the first 6 months that Workflow was commercially available.
2015
MARCH
Physician Advisor On-Call is added to our repertoire.
2016
OCTOBER
We updated Med-Metrix brand and colors.
DECEMBER
Pharmatek Systems is sold, allowing Med-Metrix to hyper-focuse on RCM services.
2017
OCTOBER
Medi-Centrix JV Incorporated – We expanded our offering to include a full outsource of a 2000+ physician group and announced the formation of Medi-Centrix to help physicians prepare for value-based care, improve clinical integration, and enhance their financial performance.
2020
AUGUST
Med-Metrix celebrates 10 years.
2021
SEPTEMBER
Med-Metrix + A&M Capital Partners – We partnered to support the mission of further developing the best end-to-end RCM company in the industry.
SEPTEMBER
Miller & Milone, LLC, a leading provider of healthcare denial management and other RCM related services, acquired by Med-Metrix, adding groundbreaking Denial Management technology to our suite.
2022
APRIL
Med-Metrix acquires ARMCO Partners, a leading provider of high-quality coding and forensic medical billing services, to further enhance our end-to-end suite of RCM software and service capabilities.
MAY
PatientPal is aquired, expanding our front-end, patient intake technology and service capabilities, including patient scheduling, price estimation, eligibility verification, prior authorization, and payment solutions.
2023
APRIL
We rebranded to streamline all acquired brands under the new, optimized and modernized Med-Metrix brand.
JUNE
Med-Metrix acquires Tritech Healthcare Management, a provider of complex claims solutions for health systems, hospitals and other healthcare providers. Tritech's capabilities further enhance Med-Metrix's complex claims offering.
2024
JUNE
Med-Metrix acquires HBCS (Hospital Billing & Collection Service, Ltd.), a provider of best-in-class patient financial engagement solutions and insurance reimbursement capabilities.
JUNE
Med-Metrix opens India office location.