ClinicMind announced that it is acquiring a majority stake in Billing Dynamix, a billing solutions company.
Billing Dynamix provides a cloud-based practice management and billing/revenue cycle management (RCM) solution to therapists, chiropractors and multi-specialty practices.
ClinicMind (formerly eSpoc) is a Florida-based healthcare IT and revenue cycle management service company. ClinicMind addresses payer-provider adversity and practice management challenges using modern software and advanced process management methodologies.
This acquisition marks a significant milestone in ClinicMind’s ongoing commitment to empowering healthcare providers and enhancing their RCM capabilities. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this transaction represents the 23rd eHealth acquisition of 2024, and the fifth in the RCM specialty. During 2023, there were 273 eHealth and 55 RCM transactions announced.
ClinicMind has announced five acquisitions since March 2023. Last year, the company acquired Vericle and Affinity Billing in March and BulletProof Chiro in June. Then, ClinicMind kicked off January 2024 with the announcement of its acquisition of Genesis Chiropractic Software.
