Provana Expands Expertise in Wellness and Healthcare Administrative Solutions with Strategic Acquisition of MEG Business Management

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LISLE, Ill.--(BUSINESS WIRE)--Aug 12, 2025--

Provana, a leading provider of tech-enabled managed services, is pleased to announce its acquisition of MEG Business Management, a trusted leader in practice management solutions for independent physical therapy practices. This strategic acquisition reinforces Provana’s dedication to empowering healthcare providers with comprehensive AI-driven technology and cost-effective solutions for end-to-end business management and revenue cycle services.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250812887726/en/

Enhancing Expertise and Expanding Reach

Founded in 2006, MEG Business Management has been instrumental in helping thousands of physical therapists in private practice achieve business success through tailored coaching, marketing strategies, credentialing support, and practice management tools. By integrating MEG’s specialized expertise with Provana’s robust global workforce of more than 4,000 professionals, the combined organization will deliver innovative, end-to-end revenue cycle management and business solutions powered by advanced technology that supports independent practices’ long-term sustainability goals.

“The acquisition of MEG Business Management strengthens Provana’s ability to address the unique challenges faced by private physical therapy practices,” said Sandeep Bhargava, CEO and Co-Founder of Provana. “Together, we will cement our position as the leading tech-enabled RCM provider in the physical therapy and wellness space. Leveraging our AI-driven platform and data insights, we will simplify operations, improve practice outcomes, and free therapists and practice owners to focus on delivering exceptional patient care while we manage the full spectrum of remote administrative services that practice owners need today.”

A Shared Vision for Independent Practices

This partnership represents a pivotal step in supporting the future of physical therapy practices. MEG Business’s deep industry knowledge, coupled with Provana’s expertise in global operations, automated workflows, and predictive analytics will empower practice owners to thrive in an increasingly competitive healthcare landscape.

“Joining Provana is an exciting opportunity to expand our impact in the physical therapy and broader wellness industry,” said Brian Gallagher, CEO and Founder of MEG Business. “Our shared mission is to alleviate the burden of administrative tasks by providing physical therapists with cutting-edge technology paired with expert remote administrative services, freeing them to focus on delivering excellent patient care.”

Strengthening the Healthcare Ecosystem

With this acquisition, Provana is advancing its commitment to fostering innovation in the wellness and physical therapy space. By delivering integrated, tech-driven solutions for billing, credentialing, and practice management, Provana is strengthening its position as the premier RCM provider in the physical therapy and wellness market—alleviating administrative burdens, optimizing revenue cycles, and enhancing patient satisfaction.

About Provana

Provana is a leading tech-enabled managed services provider specializing in healthcare revenue cycle management, legal services, and credit and collections. Founded in 2011, Provana empowers small and medium-sized organizations with enterprise-grade solutions that optimize processes, reduce costs, and drive measurable business outcomes. Supported by its AI-driven platform, Provana ensures compliance and operational excellence. Learn more at provana.com.

About MEG Business Management

MEG Business Management has been a trusted partner for independent physical therapy practices since 2006, providing innovative business solutions, coaching, and practice management expertise. MEG has helped hundreds of practices rank among the top performers nationwide by improving profitability and operational success. Learn more at MEGbusiness.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250812887726/en/

CONTACT: Heidi Walczak

SVP, Marketing

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: DATA MANAGEMENT PHYSICAL THERAPY TECHNOLOGY PROFESSIONAL SERVICES OTHER HEALTH HEALTH SMALL BUSINESS HEALTH INSURANCE SOFTWARE ARTIFICIAL INTELLIGENCE INSURANCE

SOURCE: Provana

Copyright Business Wire 2025.

PUB: 08/12/2025 08:30 AM/DISC: 08/12/2025 08:29 AM

http://www.businesswire.com/news/home/20250812887726/en

 

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