MEGAS and Unicor Medical Merge to Form Unified Alpha II Company

Twenty-Year Partnership Between Recognized Industry Leaders in Health Information Technology Matures Into Formal Corporate Merger


TALLAHASSEE, Fla., April 14, 2014 (GLOBE NEWSWIRE) -- MEGAS LLC, a Tallahassee-based health information technology and software development firm; and Montgomery, Ala.-based Unicor Medical Inc., a software developer and publisher of the Easy Coder line of coding books, announce the formal merger of the companies into the unified Alpha II.

Under the previous partnership, the two companies co-branded products under the Alpha II name for coding, compliance, claims editing and revenue analysis software solutions. Today, the newly combined Alpha II develops the data content and rules that are used in everything from electronic health record, practice management and hospital systems to the Easy Coder ICD-10 code books. Additionally, Alpha II hosts cloud-based apps and services using the Alpha II rules engine for E&M coding, claims editing and adjudication, fee schedules, medical necessity and quality measures. Alpha II serves healthcare professionals, clearinghouses and government entities – both directly and through other software developers.

Accredited by EHNAC, Alpha II has data center locations in Tallahassee and Cincinnati and maintains offices in Montgomery. Jan Powell, former CEO of MEGAS, is now serving as CEO of Alpha II. Rex Stanley, former CEO of Unicor Medical, is assuming the role of president.

"The newly launched Alpha II greatly enhances our ability to deliver high-quality solutions to healthcare providers as they navigate today's payment-model transition from fee-for-services to value-based care," said Powell. "Together, we can more effectively outpace rapidly changing payer rules, develop accurate data from a wide variety of sources, and offer customized connectivity options to help our reseller partners and their customers comply with the latest policies, standards and directives."

Stanley provided his insights on the merger: "After so many years of partnering to support many of nation's most prominent healthcare software development companies, we see this merger as a perfect joining of our forces. It allows us to optimally leverage all the resources, strengths and assets of each organization as we continue to offer the quality coding, reimbursement, and business intelligence tools our clients have come to expect from us."

About Alpha II

Alpha II's software platforms and publications support coding, compliance, claims editing and revenue analysis for more than 60,000 healthcare professionals, clearinghouses and government entities – both directly and through software developers. Beginning with the initial input of patient data through the final scrutiny of the payer's remittance advice, Alpha II empowers precision across the revenue cycle. The company's toolsets, data content and rules engines currently plug and play with more than 30 developer partners' electronic health record, practice management and hospital information systems to help their customers comply with the latest policies, standards and directives. For additional information, visit www.alphaii.com or follow us on Twitter and YouTube.


            

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