Provana, a provider of tech-enabled managed services, has strengthened its capabilities in healthcare administration by acquiring MEG Business Management. This acquisition underscores Provana’s dedication to empowering healthcare providers, particularly in the physical therapy sector, with AI-driven technology and cost-effective solutions for comprehensive business management and revenue cycle services.
Established in 2006, MEG Business Management is recognized for helping independent physical therapy practices thrive through personalized coaching, targeted marketing strategies, and comprehensive practice management tools. By combining MEG’s expertise with Provana’s global workforce of over 4,000 professionals, the new organization aims to deliver innovative revenue cycle management solutions that support the sustainability of independent practices.
This partnership enhances the future of physical therapy practices, allowing practice owners to focus on patient care by reducing administrative burdens. By providing integrated, tech-driven solutions for billing, credentialing, and practice management, Provana is reinforcing its position as a leading provider of revenue cycle management, aiming to improve efficiency and patient satisfaction in the physical therapy space.
KEY QUOTES:
“The acquisition of MEG Business Management strengthens Provana’s ability to address the unique challenges faced by private physical therapy practices. Together, we will cement our position as the leading tech-enabled RCM provider in the physical therapy and wellness space. Leveraging our AI-driven platform and data insights, we will simplify operations, improve practice outcomes, and free therapists and practice owners to focus on delivering exceptional patient care while we manage the full spectrum of remote administrative services that practice owners need today.”
Sandeep Bhargava, CEO and Co-Founder of Provana
“Joining Provana is an exciting opportunity to expand our impact in the physical therapy and broader wellness industry. Our shared mission is to alleviate the burden of administrative tasks by providing physical therapists with cutting-edge technology paired with expert remote administrative services, freeing them to focus on delivering excellent patient care.”
Brian Gallagher, CEO and Founder of MEG Business
