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Matrix Medical completes acquisition of Ascender

Matrix Medical Network has completed the acquisition of an integrated information technology provider, Ascender.

Ascender’s technology suite of applications including warehousing data are designed to help provider organizations report, manage their clinical measures and improve performance and patient care.

The working relationship, since March 2009, allows Matrix Medical to implement Ascender’s Medicare Hierarchical Condition (HCC) stratification, suspect member identification for assessments, and assessment financial impact and ROI studies.

Matrix Medical Network CEO Randy Dobbs said the strategic combination of Ascender and Matrix will increase the range of services and solutions that the company can provide to its clients.

"Ascender also represents an area of the Matrix business where we have previously relied on outside contracted services," Dobbs added.