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Mediware acquires MEDTranDirect

Mediware Information Systems, a portfolio company of TPG Capital, has acquired MEDTranDirect, a specialist in software solutions for healthcare revenue cycle management and an approved network service vendor for Medicare.

The transaction complements the revenue cycle management and Medicare claims capabilities in Mediware’s leading home care market solution, Kinnser Software, while simultaneously leveraging Mediware’s heritage of supporting data-driven clinical excellence and improving efficiencies in administrative workflow.
 
“At Mediware, we are transforming and empowering data-driven decision-making across the continuum of care to help providers determine the most cost-effective paths to improving patient outcomes,” says Bill Miller, CEO of Mediware. “With the addition of MEDTranDirect to our portfolio, we are extending our software’s capability to help home care customers support, sustain, and grow their businesses by overcoming the increasing challenges of Medicare reimbursement and revenue flow. MEDTranDirect has a proven track record in this market, and we’re proud to welcome them to the Mediware family.”
 
Established in 1986, MEDTranDirect serves several hundred customers, including providers in the home health, hospice, skilled nursing facility, rehabilitation and rural hospital markets. MEDTranDirect streamlines the submission and processing of providers’ claims to Medicare, Medicaid, and commercial payers, and supports eligibility and remittance transactions, thereby accelerating revenue cycles and improving cash flow. In addition, it is approved to use the Medicare Limited Data Set files to develop analytics solutions for the home health and hospice markets.
 
“Mediware shares our mission and commitment to helping providers deliver the best possible care to patients,” says Kalon Mitchell, founder and president of MEDTranDirect. “By combining our efforts, we can continue providing our customers with software that keeps their businesses running smoothly, while also enhancing services, thanks to Mediware’s greater resources and expanded customer support. We are enthusiastic about working with the Mediware team to continue developing innovative claims technologies to make our current and new customers more successful.”
 

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