Cloud-based healthcare solution provider Azalea Health is acquiring LeonardoMD, a complete practice management (PM) and electronic health records (EHR) provider. The move helps Azalea expand both the breadth of healthcare specialties serviced and the geographic reach across the United States.
Azalea's suite includes fully-integrated and proprietary EHR, revenue cycle management (RCM), telemedicine, and professional consulting solutions that have the flexibility to accommodate close to 30 medical specialties across any size practice. The company is one of only a few with an expertise in the IT, billing and reporting space for rural health clinics (RHC) and federally qualified health centers (FQHC).
"We're truly excited about bringing these two organizations together. LeonardoMD has built a tremendous reputation for service, and it shows in the long tenure of both their client and employee relationships, something that we look forward to continuing to expand and improve upon," Baha Zeidan, Founder & CEO of Azalea Health, said in a statement. "Together we'll bring incredibly meaningful products and services to our clients that will help them better run their businesses and deliver excellent patient care."
Under the deal, the former CEO of LeonardoMD Dr. Ralph Holmes will continue to serve as a physician advisor to Azalea throughout the transition. "This move allows us to continue to deliver on that promise with an expanded reach, portfolio and strategic vision under the Azalea brand. I look forward to seeing our clients, partners and employees thrive as a result of this decision," he said.
Azalea Health now services thousands of healthcare providers across nearly all 50 states, and is currently approaching $1 billion in healthcare charges processed through its platforms annually. The company will maintain its headquarters in Atlanta, GA, and continue operations in its Valdosta, GA and Macon, GA offices, with over 100 total employees across the country.