Netgain Acquires Chicago-Based IT Firm


Local technology company hires 16 and adds Chicago Operations Office

ST. CLOUD, MN | June 1, 2013 – Netgain Technology, Inc announced today its acquisition of Technology MD, a division of Healthcare Information Services, LLC (HIS) in Park Ridge, IL.

While HIS provides medical billing services to their clients, their subsidiary, Technology MD, provides hosting, data center and networking services, which were not core to the HIS mission. To focus on their fundamental service offerings, HIS decided to exit the IT Services portion of their business, and found a partner in Netgain, an industry-leading healthcare hosting provider headquartered in St. Cloud, MN.

“We met Netgain at a tradeshow in Florida a few years ago and knew they had a reputable and happy client-base. Their competence and experience in providing clinical healthcare technology made us confident that they could provide the right services and support for our clients,” said Dave Wold, President of HIS.

Netgain will transition many Technology MD clients to their hosted environment. The largest client, Illinois Bone and Joint (IBJI), will be a signature account for Netgain with more than 90 physicians and 20 locations throughout the Greater Chicago area.

“Netgain’s mission is to improve the patient experience,” said Scott Warzecha, President & Founder of Netgain, “and we’re looking forward to sharing in that mission with new clients and new employees in the Greater Chicago area.”

With the acquisition, Netgain, a national healthcare information technology provider, will be deepening their penetration, focus and employee-base in the Illinois marketplace. In addition to the many clients they’ll be adding to their environment, Netgain will also be bringing on 16 employees from the acquisition. Those employees will remain in Chicago and be the base of Netgain’s Chicago Operations Office.

Headquartered in St. Cloud, MN, Netgain provides Desktop Hosting, Infrastructure as a Service, and Managed Services to healthcare providers in 32 states.

About Netgain
Netgain, a St. Cloud, Minnesota healthcare technology provider, has a mission to improve the patient experience by managing the IT operations of healthcare providers nationwide. To do so, Netgain provides services and solutions that simplify the healthcare computing environment and allows healthcare professionals to focus on patient care.

Netgain has pioneered the use of virtualized servers and storage in healthcare and continues to deliver solutions that are easily scalable and quickly provisioned to meet the changing and unique needs of healthcare providers.

After a decade of business, Netgain serves over 10,000 healthcare professionals nationwide at practices and hospitals ranging from 5 to 500 users. Across all specialties and subspecialties, Netgain continues to build upon its increasingly strong foundation in technical knowledge, process expertise, and proven technology to advance healthcare information technology.

About HIS
HIS, a Chicago-based healthcare service provider, is committed to being the leading provider of Revenue Cycle Management solutions and Information Technology services. They combine real-world industry experience with in-depth technical expertise to achieve practical solutions that deliver return on investment. Their experienced team delivers personalized and superior billing and collection capabilities for group practices, hospitals and health systems, primary and specialty care providers.

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