WebPT, a Phoenix-based provider of rehab therapy software, announces it has joined forces with BMS Practice Solutions, a billing and collections company headquartered in Upland, Calif, that serves the rehab therapy market.
The alliance of WebPT and BMS Practice Solutions brings therapy providers a comprehensive end-to-end clinical and business solution covering all facets of the outpatient rehab therapy market—attracting and retaining patients, streamlining workflows, completing defensible electronic documentation, staying compliant with healthcare regulations, obtaining fast and accurate payments, and ensuring consistent delivery of high-quality clinical care and patient experiences, according to WebPT in a media release.
“With WebPT and BMS joining forces, our customers will be able to choose from a wide array of innovative products and services to build the packages that not only work best for them, but also enable them to streamline efficiencies, improve revenue and revolutionize clinical care. And they’ll have one vendor partner helping them through it all,” says Nancy Ham, CEO of WebPT, in the release.
WebPT—which launched in 2008—and BMS Practice Solutions—which has been in existence for more than 20 years—established an integration several years ago and have a long history of working together. Both companies boast a 99% customer retention rate, and currently have more than 50 mutual customers that are mostly large, multi-location clients.
“Because of our deep commitment to our customers and to this industry, we knew bringing our two companies together was the right move,” states John Wallace CEO of BMS, in the release. “By joining forces with WebPT, we will better support rehab therapists in growing their businesses and providing quality patient care.”
In September 2017, WebPT acquired Strive Labs, a patient relationship management (PRM) platform for physical therapy providers. Now, as a result of the BMS acquisition, WebPT will introduce an enhanced version of its RCM service as well as a robust all-in-one billing option for enterprise-level providers, per the release.
“From the beginning, WebPT has been an advocate for the rehab therapy community, developing innovative tools to help rehab therapists achieve greatness in practice,” shares Dr Heidi Jannenga, PT, DPT, ATC/L, president and co-founder of WebPT, in the release.
“BMS shares a similar mission and history, and through this new partnership, we’ll be able to accomplish so much more than we ever could have individually—from both a business and an industry standpoint. We are stronger—and better—together, and we’ll be able to make a powerful difference for our customers and their practices.”
BMS solutions are immediately available to WebPT customers, and WebPT products and services are immediately available to BMS clients.
[Source(s): WebPT, Business Wire]