Ottawa, ON, September 2, 2020 – Harris, a global vertical market software provider and acquirer, adds to its healthcare portfolio with the acquisition of SourceGroup CBO, L.L.C (SourceGroup), a medical billing software provider.
This transaction continues the rapid expansion of Harris Healthcare’s revenue cycle management (RCM) solutions group, Ultimate Billing. The combination of SourceGroup’s vast expertise with Ultimate Billings management best practices ensures there will be a winning outcome for both parties. Jerry Canada, Harris Healthcare Group President, comments: “We are excited to add the SourceGroup to our portfolio. The SourceGroup has always been a great partner to Harris, and now we are thrilled to welcome them to the family. This transaction will strengthen our relationship with our CareTracker customers. We will also continue to provide the highest level of service the SourceGroup customers have come to expect. We look forward to sharing Harris’ Values with our new customers and team members.”
SourceGroup addresses the unique financial intricacies of any practice with a comprehensive, web-based medical billing solution designed to streamline and improve accounts receivable management. Owner and Chief Operations Officer, Celeste Ponvelle, agrees: “SourceGroup manages customer revenue cycle and patient clinical records utilizing Harris’ CareTracker software, so it was a natural fit for us join the Harris family. I believe the familiarity between the SourceGroup and Harris made the process go very smoothly and fast. I’m so pleased that our customers and employees have found a new home at Harris.”
Founded in 1997 in Thibodaux, LA, on the premise that healthcare professionals want to spend more time practicing medicine and less time dealing with financial complexity and nuances. In 2009, the Source Group became a reseller of Harris’s Care Tracker product. Source Group offers a web-based medical billing solution designed to ameliorate account receivable management by combining technology and expertise.
About N. Harris Computer Corporation (Harris)
Harris acquires vertical market software (VMS) businesses, manages them using industry best practices, and builds them for the future. Through acquisitions, Harris has grown extensively from its roots in the utilities, local government, education, and healthcare sectors to operate over 130 businesses globally across more than twenty industries. Harris is an operating group of Constellation Software Inc. (TSX: CSU), one of North America’s most active acquirers of software businesses.
For further information contact:
Jerry Canada, Jr.
Group President, Healthcare
Phone: +1 716-297-8005 Ext. 221