Acumatica Case Studies Medical practice management provider chooses Acumatica over Oracle and SAP, saves millions

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	Medical practice management provider chooses Acumatica over Oracle and SAP, saves millions Acumatica

Medical practice management provider chooses Acumatica over Oracle and SAP, saves millions

Acumatica

Technology Category	Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries	Healthcare & Hospitals
Applicable Functions	Business Operation
Services	System Integration
Challenge	PracticeMax, a medical billing and practice management provider, was facing issues with its data management and financial reporting due to its rapid expansion through acquisitions. The company was relying on QuickBooks, which was unable to keep up with the growing demands of the business. The company decided to look into an ERP system and initially chose a system developed for oil companies. However, this system proved to be unsuitable due to its outdated platform and high costs for customization. Read More
About Customer	PracticeMax is a medical billing and practice management provider for healthcare providers, including physicians, hospitals, clinics, and other medical billing companies. The company has more than 800 employees and contractors, handling billing for providers in close to 40 U.S. states. Founded in 1984 as 'Medical Business Resource Center,' PracticeMax has nearly doubled in size over the past few years. The company is headquartered in Scottsdale, AZ, with additional offices in Phoenix, San Antonio, Portland, Oregon, Chicago, and Shreveport. Read More
Solution	After realizing their first ERP system would not work, PracticeMax scoured the market and narrowed down their options to SysPro, Oracle, SAP, and Acumatica. After a rigorous demo process, PracticeMax determined that Acumatica’s ERP system would be able to do everything they needed, at a considerably lower price than the others. PracticeMax decided to purchase several Acumatica suites—Financial Management, Distribution Management, Customer Management, Project Accounting—and the Fixed Assets Module. The implementation of the Acumatica system went fairly smoothly, with Acumatica partner AIM Solutions, Inc. (AIM) providing support throughout the process. Read More Log in to view content
Contents

Technology Category

Platform as a Service (PaaS) - Application Development Platforms

Applicable Industries

Healthcare & Hospitals

Applicable Functions

Business Operation

Services

System Integration

Challenge

PracticeMax, a medical billing and practice management provider, was facing issues with its data management and financial reporting due to its rapid expansion through acquisitions. The company was relying on QuickBooks, which was unable to keep up with the growing demands of the business. The company decided to look into an ERP system and initially chose a system developed for oil companies. However, this system proved to be unsuitable due to its outdated platform and high costs for customization.

About Customer

PracticeMax is a medical billing and practice management provider for healthcare providers, including physicians, hospitals, clinics, and other medical billing companies. The company has more than 800 employees and contractors, handling billing for providers in close to 40 U.S. states. Founded in 1984 as 'Medical Business Resource Center,' PracticeMax has nearly doubled in size over the past few years. The company is headquartered in Scottsdale, AZ, with additional offices in Phoenix, San Antonio, Portland, Oregon, Chicago, and Shreveport.

Solution

After realizing their first ERP system would not work, PracticeMax scoured the market and narrowed down their options to SysPro, Oracle, SAP, and Acumatica. After a rigorous demo process, PracticeMax determined that Acumatica’s ERP system would be able to do everything they needed, at a considerably lower price than the others. PracticeMax decided to purchase several Acumatica suites—Financial Management, Distribution Management, Customer Management, Project Accounting—and the Fixed Assets Module. The implementation of the Acumatica system went fairly smoothly, with Acumatica partner AIM Solutions, Inc. (AIM) providing support throughout the process.

Impact #1	Employees can now access the company ERP remotely
Impact #2	Improved access to data for customers
Impact #3	Ability to manage finances more efficiently

Impact #1

Employees can now access the company ERP remotely

Impact #2

Improved access to data for customers

Impact #3

Ability to manage finances more efficiently

Benefit #1	Saved millions by choosing Acumatica over Oracle and SAP

Benefit #1

Saved millions by choosing Acumatica over Oracle and SAP

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Overview

Medical practice management provider chooses Acumatica over Oracle and SAP, saves millions

Operational Impact

Quantitative Benefit