Leading RCM technology leaders Navicure® and ZirMed® Inc., today revealed that the newly-combined company will be led by Matthew Hawkins, a leader in the Health IT space. Hawkins will take on the role of President and CEO upon the closing of the recently-announced deal that would combine ZirMed and Navicure. Jim Denny, current President and CEO of Navicure, will serve as Chairman of the Board. Hawkins will also be joining the Board.
Navicure and ZirMed are market-leading, cloud-based revenue cycle technology providers with exceptionally strong reputations for product innovation and client satisfaction that together provide the highest-rated customer experience to more than 440,000 providers, 21,000 healthcare organizations, and 550 hospitals and health systems. Additionally, the combined company is connected to over 530 software systems and 5,000 health plans, processing over $2 billion in patient payments and payment transactions. During the transition period, the company plans to operate under both the Navicure and ZirMed brands.
Matthew brings a track record of success leading and growing several healthcare businesses, and deep experience with hospital systems and ambulatory services including physician practices. He will join the combined company from Sunquest Information Systems, a subsidiary of Roper Technologies, where he led the acquisition and careful integration of five businesses during his tenure. Sunquest provides diagnostic and laboratory information systems to healthcare providers worldwide.
Says Hawkins, “I am thrilled to join the leadership team of a unique business focused on solving a major pain point for healthcare – unifying and automating revenue cycle management in virtually every care setting. Navicure and ZirMed are recognized leaders in service excellence with complementary businesses. Combining these two innovators enables us to respond to market demand for integrated enterprise RCM solutions. Our continued focus will be success for our clients and partners, enterprise-class innovation, convenience for patients, and career opportunities for our team members.”
“I am confident the combined business will be in good hands, and I look forward to watching the business excel and lead the industry in innovation and client service,” said Thomas Butts, current Chairman and CEO of ZirMed.
Prior to Sunquest, Matthew served as President and CEO of Vitera Healthcare Solutions, a provider of electronic health records, practice management systems and financial and clinical transaction processing. Under his leadership, Vitera was combined with Greenway Health, a provider of electronic health record solutions and integrated clinically-driven medical billing services. Matthew was previously Vice President and General Manager of Henry Schein Practice Solutions, a global distribution company serving dental and medical practitioners. He received an M.B.A. from Harvard Business School, and graduated with University Honors from Brigham Young University.
For more information, view the press release.