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news.MedCom USA, a provider of healthcare and financial transaction solutions, has signed letters of intent to acquire PayMed USA and Absolute Medical Software Systems.
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Michael DeLaGarza, president and CEO of AMSS and PayMed, will assume the position of president of MedCom USA, once the acquisition is finalized. He has worked in the medical industry for over 25 years and has extensive contacts throughout the industry.
PayMed USA and Absolute Medical are providers of practice management, electronic medical records, and revenue cycle management software to hospitals, surgery centers and physician practices.
Bill Williams, president and CEO of MedCom USA, said: “Since MedCom, PayMed and Absolute Medical are all web based software platforms, we believe that by combining our customer base, we will lower our operating costs, while offering services to our current customer base.”