Thomas H. Lee Partners Acquires Nextech Systems
Summary
By leveraging the Company’s innovative, intuitive HCIT software solutions, including its purpose-built cloud platform, best-in-class practice management and electronic medical record workflow and integrated patient engagement and revenue cycle management software, Nextech streamlines back-end processes and enhances optimization for its providers and practices - thereby driving higher patient volumes, increased customer satisfaction, and improved efficiency. Nextech will retain its corporate headquarters in Tampa, Florida, and will continue to be led by its Chief Executive Officer, Mike Scarbrough and the other members of its senior management team. “We are thrilled to partner with THL, whose proven track record with software platforms, operational expertise, and keen eye for acquisition opportunities will accelerate our continued growth, innovation, and product leadership among technology providers to specialty healthcare practices,” said Mike Scarbrough, CEO of Nextech. “Nextech has created an exceptional healthcare software platform, consistently improving its solutions to empower specialty physicians to optimize their operations, strengthen patient interactions, and maximize efficiency. Focusing on delivering intelligent, intuitive and integrated solutions that empower specialty physicians to maximize efficiency, optimize charting accuracy and increase overall practice profitability.