Phoenix-based WebPT has acquired Therabill, a web-based practice-management software for physical and occupational therapists, speech-language pathologists, and behavioral health specialists. The move is part of WebPT’s overall goal to create what the company describes in a recent media release as, “the most innovative, comprehensive rehab therapy solution on the market.”
WebPT chief executive officer Paul Winandy says the acquisition takes a significant step toward fulfilling that vision.
“Therabill and WebPT serve similar audiences, have similar company histories, and uphold similar commitments to providing exceptional customer service. So, it made a lot of sense for us to combine our companies and present our customers with a true end-to-end business solution,” Winandy states in the company’s media release.
Joe Dundas, president and co-founder of Therabill, says the decision to bring the two companies together was not a hasty one. “It’s never an easy decision for a founder to hand a business over to someone else,” Dundas notes, in the WebPT media release. “We spent a lot of time getting to know the culture at WebPT and seeing how they value their customers the same way we do. We’re confident that WebPT will take care of our customers with the same level of customer service that they’ve become accustomed to.”
The WebPT media release reports that the company’s current integration with Therabill is similar to those WebPT offers with its other billing partners. In each of those set-ups, the release notes, data flows from WebPT into the billing software. Once WebPT creates a bidirectional integration with Therabill, however, the company reports that rehab therapy practices of all sizes will have a single solution to their documentation, scheduling, reporting and billing needs.
“Bringing Therabill under the WebPT umbrella is another step toward our company’s goal of delivering an all-encompassing software platform to help therapists achieve greatness in practice,” says WebPT co-founder and COO Heidi Jannenga, PT, DPT, ATC/L.
[Source: WebPT]
