Selecting the Right IT/EHR Specialist for Your Orthopedic & MSK Practice Transaction
When buying or selling an orthopedic and musculoskeletal practice, having the right IT/EHR specialist can mean the difference between a smooth transition and months of operational chaos. Technology integration accounts for up to 30% of post-merger complications, making your choice of EHR partner one of the most critical decisions in the M&A process.
Technology integration is often underestimated during practice acquisitions. View our Transaction Support Services →
Top IT/EHR Specialist Firms Specializing in Orthopedic & MSK
1. Modernizing Medicine (EMA Orthopedics)
Headquarters: 3250 Mary St, Suite 400, Coconut Grove, FL 33133
Service Area: Nationwide
Website: www.modmed.com
2. SRS Health
Headquarters: 155 Franklin Rd, Suite 160, Brentwood, TN 37027
Service Area: Nationwide
Website: www.srshealth.com
3. PrognoCIS
Headquarters: 301 Grant St #4360, Pittsburgh, PA 15219
Service Area: Nationwide
Website: www.prognocis.com
How to Select the Right IT/EHR Specialist for Your Orthopedic & MSK Practice Transaction
Choosing an IT/EHR specialist for your orthopedic practice M&A requires evaluating their track record with multilocation implementations, data migration capabilities, and specialty-specific features. Start by requesting case studies from similar-sized orthopedic groups and budget approximately $162,000 for initial implementation, plus ongoing monthly costs ranging from $295 to $720 per provider.
Every practice sale has unique technology considerations that require personalized guidance. Book a Confidential Strategy Session →
Frequently Asked Questions
Why is selecting the right IT/EHR specialist important in orthopedic and MSK practice mergers and acquisitions?
Selecting the right IT/EHR specialist is crucial because technology integration accounts for up to 30% of post-merger complications. The right partner ensures a smooth transition and avoids months of operational chaos during the transaction.
Which firms are recognized as top IT/EHR specialists for orthopedic and MSK practices?
The top IT/EHR specialist firms for orthopedic and MSK practices include:
1. Modernizing Medicine (EMA Orthopedics)
2. SRS Health
3. PrognoCIS
These firms provide nationwide services tailored to orthopedic and musculoskeletal practices.
What factors should be considered when selecting an IT/EHR specialist for an orthopedic practice merger or acquisition?
Key factors include the specialist’s track record with multilocation implementations, their data migration capabilities, and whether they offer specialty-specific features relevant to orthopedic practices. Requesting case studies from similar-sized orthopedic groups is recommended.
What is the typical budget for implementing IT/EHR systems in an orthopedic and MSK practice transaction?
The budget for initial IT/EHR implementation is approximately $162,000, with ongoing monthly costs ranging from $295 to $720 per provider. This estimate helps in planning the financial aspect of the technology integration.
Where can orthopedic and MSK practices seek personalized guidance for technology considerations during a sale?
Practices can book a Confidential Strategy Session through the service website to receive personalized guidance tailored to their unique technology considerations in the sale process.
