Elation Health Acquires Medical Billing Company Lightning MD

Elation Health continues to expand its primary care offerings. The company recently announced the strategic acquisition of Lightning MD, a cloud-based medical billing and claims management company. The acquisition adds revenue cycle capabilities to Elation’s clinical-first EHR and Best in KLAS, virtual care platform.

“Healthcare technology is rapidly evolving, particularly in the primary care sector where we have the greatest opportunity to improve patient outcomes and raise the standard of our healthcare system for everyone,” said Kyna Fong, co-founder and CEO of Elation Health in a press release. “With this acquisition and Elation’s plans for its all-in-one solution, primary care practices will be better equipped to achieve financial success while delivering high quality patient care – without administrative burden and distraction that is so common in this industry.”

Lightning MD is a convenient billing solution focused on user experience for independent medical practices. The company was founded in 2017 by registered nurses Kelly Schoenfeld and Brian Esser. Their goal was to make billing easier for practices.

“We’re excited to join the Elation team and give providers the best software tools available to put the focus back on caring for their patients,” said Schoenfeld, Lightning MD’s CEO.

Lightning MD technology will complement the Elation Health core clinical data platform to enable seamless billing and payer connectivity for Elation customers. Elation’s all-in-one beta solution will be available starting summer 2023 for existing small practice customers and generally available later this year. The company will also continue to support practices integrated with over 20 practice management and billing solutions connected via the Elation application programming interface (API).

About the author

Colin Hung

Colin Hung is the co-founder of the #hcldr (healthcare leadership) tweetchat one of the most popular and active healthcare social media communities on Twitter. Colin speaks, tweets and blogs regularly about healthcare, technology, marketing and leadership. He is currently an independent marketing consultant working with leading healthIT companies. Colin is a member of #TheWalkingGallery. His Twitter handle is: @Colin_Hung.

   

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