MedTech National, Inc. Launches with Acquisition of Cylliance Inc. Healthcare IT Business
Gig Harbor, Wash. – September 16, 2013 - MedTech National Inc. announced Monday its acquisition of the medical billing and practice management assets of Cylliance Inc. Cylliance pioneered the technologies that provide federally mandated HCIT technologies in the Cloud, offering complete practice management, revenue cycle management and electronic health records in a secure browser session.
The Affordable Healthcare Act requires that by October 2014 all healthcare providers be able to create and maintain secure and private Electronic Health Records (EHR) for each patient, and to create electronic records of treatment and invoicing that are compliant with version 10 of the International Classification of Disease Codes for diagnosis and treatment services, also known as ICD-10. Faced with the cost and complexity of complying with these regulations, medical practices and their billing service providers are being consolidated into firms that are EHR/ICD-10 ready.
“We are delighted that Cylliance has placed their faith in our team, and our strategy for practice management”, said John Anderson, MedTech National CEO.”
MedTech National, Inc. is a Health Care Information Technology (HCIT) company based in Gig Harbor, Washington that provides an integrated health technology platform and revenue cycle management (RCM) services to medical practitioners. As a HCIT provider, the Company acts as the outsourced IT department for medical practices, providing a suite of state of the art managed software including Electronic Health Records (EHR), Practice Management (PM), and a patient Health Web Portal.