BRECKSVILLE, Ohio--(BUSINESS WIRE)--MedData, a leading provider of medical billing services, announced today the appointment of Frank B. Murphy to its Board of Directors, effective May 1, 2011.
Murphy brings nearly 30 years of healthcare experience to MedData, about half of which were spent dedicated to the healthcare information technology services arena.
Currently, Murphy serves as president and chief executive officer at Perimeter Health Advisors, LLC, an advisory firm focused on healthcare mergers and acquisitions, due diligence and sector-related investment opportunities for private equity firms and public corporations. Prior, he was president and chief executive officer at HealthPort Technologies, LLC, where he directed overall strategy, operations, sales and marketing for this provider of technology solutions and business management services for hospitals and physicians nationwide. Previously, Murphy was president of the Physician Services Division at Per-Se Technologies, Inc., a publicly traded business management outsourcing company and the largest billing services provider in the U.S. Per-Se was acquired by McKesson (NYSE:MCK) in 2007. He joined Per-Se in 1998 and assumed the division president position in 2000 after serving in roles with increasing responsibility. During his tenure, Murphy was credited with executing various corporate initiatives, including, among others, improving client retention; restructuring the operations, technology, sales and administrative teams; and implementing cost-control processes and efficiencies that contributed to improved financial performance and lower operating expenses.
Murphy also spent many years at multi-location healthcare facility networks such as Charter Behavioral Systems, where he was regional director and Hospital Corp. of America (HCA), where he began his extensive and prestigious healthcare career. At HCA, he was president and chief executive officer of several regional medical centers operating under the company’s umbrella during his 15 years there.
“We are pleased to attract someone of Frank’s caliber to round out our seasoned Board. As one of the oldest and largest medical billing entities, MedData will certainly benefit from Frank’s industry insight and depth of healthcare IT expertise. We look forward to the strong guidance he will afford MedData as we expand and strengthen our position in the marketplace,” explained Douglas S. Thompson, MedData’s chief executive officer.
“MedData is a well-respected revenue cycle leader with a solid reputation. I believe the three decades I spent dedicated to healthcare will bode well for MedData as it further enhances its presence among physician practices, staffing groups and hospitals. I very much appreciate the opportunity to work closely with Doug, the MedData leadership team and the Board to help take the company to the next level,” Murphy added.
Murphy resides in Duluth, Ga. with his wife and children. He holds a Bachelor of Arts degree as well as a Master’s in Healthcare Administration from Duke University.
About MedData
Brecksville, Ohio-based MedData is one of the nation’s leading providers of a range of medical billing services including, among others, billing, coding, collections and revenue cycle management. For more than three decades, the company has been providing innovative billing solutions to the medical community. Annually, the company handles billing for 5.5 million patient encounters across various medical specialties. MedData currently provides services to more than 2,000 physicians at 150 facilities across 35 states from its Brecksville headquarters as well as offices in Roseville, Calif. and Bellevue, Wash. For more information, please visit www.meddata.com.
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