WebPT acquires billing services company Health Data Solutions

One-stop management solution for PT clinic

WebPT, developer of cloud-based physical therapy software that aims to make physical therapy clinics more efficient, has announced the acquisition of Health Data Solutions, a company that specializes in physical therapy and chiropractic billing and revenue cycle management  (see press release). WebPT began offering billing services to its customers in 2011 and launched the service on a national basis earlier this year. This acquisition is part of their effort to be a one-stop management solution for PT clinic. Robin Roach, co-founder of Health Data Solutions, has been brought on as the Director if Billing Services to oversee the department.

WebPT formally announced its revenue cycle management service in April of this year. The integrated billing service manages aspects such as posting and reconciling payments, as well as investigating, correcting and appealing insurance denials. Also available is real-time, 24/7 access to billing and claim information, which users can access from any computer or mobile device. WebPT customers also have access to daily, weekly and monthly reports for their review. The reporting dashboard gives insight into account aging, revenue per visit, and payer mix.

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