Tuesday, June 28, 2011
Medical Present Value Acquired By Experian
Austin-based Medical Present Value, the provider of revenue cycle management software for physicians, has been acquired by Experian for $185M. MPV was venture backed by Rho Ventures, CenterPoint Ventures, Star Ventures, and Care Capital. According to Experian, MPV will continue to maintain its operations in Austin and San Antonio, as well as in Plymouth, Mass. Medical Present Value provides software used by physicians to manage payments from patients, hospitals, and more.