Efficiency Plus Medical Billing

Name

Efficiency Plus Medical Billing

Website

https://epmbllc.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

Efficiency Plus Medical Billing is a privately held financial services firm founded in 1993 that provides billing solutions to medical industry clients. It operates with 11-50 employees from Twain Harte, California.

Ownership category

akta.pro rank

Product category

Medical Billing Services

NAICS

Other Business Service Centers (including Copy Shops) (561439)

SIC

Hospital & Medical Service Plans (6324)

akta.pro industry

PRIMARYHLACACAG

Patient Billing, Statements & Payment Processing

Healthcare & Life Sciences/Digital Health & Health IT/Revenue Cycle Management (RCM) & Billing Software

SECONDARYHLACACAF

Charge Capture & Clinical Documentation Improvement (CDI) for Billing

Healthcare & Life Sciences/Digital Health & Health IT/Revenue Cycle Management (RCM) & Billing Software

SECONDARYFSAMAJAH

Healthcare Billing & Patient Payments Presentment

Financial & Insurance/Payments & Transaction Processing/Bill Pay & Presentment (EBPP)

Keywords

• Medical billing services
• Healthcare revenue cycle
• Medical claims processing
• Physician billing solutions
• Medical billing company

Headquarters

HQ city

Sonora

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Core offering

Efficiency Plus Medical Billing delivers complete and reliable billing solutions to the medical industry. The firm operates as a third-party medical billing service provider handling claims, invoicing, and related revenue cycle tasks for healthcare practices. The company's actual product/service catalog cannot be confirmed because its website (epmbllc.com) is currently parked with GoDaddy.

Differentiator

Problem solved

Functional benefit

Products and services

• Medical Billing Services

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Broad incumbents

• Veradigm (formerly Allscripts): Veradigm/Allscripts offers enterprise EHR and RCM/billing solutions across the healthcare continuum, an incumbent competitor whose billing capabilities compete for the same clients as small outsourced billers.
• Cerner (Oracle Health): Oracle Health (formerly Cerner) is a large incumbent health IT vendor with broad RCM and billing capabilities across hospitals and large practices, providing scaled competition to boutique billing services.

Emerging players

• DrChrono (now part of EverHealth): DrChrono/EverHealth provides cloud-based EHR with integrated medical billing and practice management, an emerging competitor targeting smaller practices that might otherwise use outsourced billing services.
• Practice Fusion: Practice Fusion offers affordable cloud-based EHR with embedded billing/RCM features for independent practices, an emerging competitor in the segment that small billing firms historically served.

Direct peers

• athenahealth: athenahealth is a leading provider of cloud-based medical billing and revenue cycle management services to physician practices and health systems, directly competing with outsourced medical billing firms for the same customer base.
• Greenway Health: Greenway Health provides EHR and revenue cycle management/billing services to ambulatory practices, competing head-to-head with third-party medical billing companies.
• Tebra (formerly Kareo): Tebra offers an all-in-one practice management, EHR, and medical billing platform aimed at independent practices, directly overlapping the outsourced medical billing value proposition.
• NextGen Healthcare: NextGen offers integrated EHR and RCM/billing solutions to ambulatory practices, directly overlapping with outsourced medical billing services in functionality and target customer.
• AdvancedMD: AdvancedMD delivers cloud-based medical billing, scheduling, and RCM specifically targeting small to mid-sized medical practices, directly competing with boutique billing services.
• eClinicalWorks: eClinicalWorks provides EHR with bundled revenue cycle management and medical billing services to physician practices, a direct substitute for third-party billing firms.

Market position

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Efficiency Plus Medical Billing