Vee Healthtek Announces Acquisition of Precision Practice Management

Plano, TX, September 29, 2025 - Vee Healthtek, a leader in AI-enabled healthcare solutions, is pleased to announce its acquisition of Precision Practice Management (Precision). This strategic acquisition unites two trusted revenue cycle management companies with a shared commitment to improving financial performance and operational outcomes for healthcare organizations.

Founded in 1993 and based in St. Louis, Missouri, Precision leverages its expertise in custom practice management workflows, multispecialty billing, and consulting to create and implement cutting-edge software solutions. Its global teams of medical billing and coding experts work closely with clients to increase accuracy and efficiency across the revenue cycle.

Matt Michaels, CEO of Vee Healthtek, expressed his enthusiasm for the acquisition, stating, “I am thrilled to welcome Precision’s management team and customers into the Vee Healthtek family. Like Vee Healthtek, Precision delivers tailored solutions focused on financial optimization, operational excellence, regulatory compliance, and meaningful process improvements. Together, we will combine decades of experience to maximize yield and ensure workflow efficiency for clients.”

Michael Barnell, CEO of Precision, added, “In conversations with Vee Healthtek, it became clear that Vee Healthtek’s industry leadership and Precision’s broad revenue cycle expertise would provide enhanced technology enablement and reimbursement solutions for healthcare systems and medical groups. We are pleased to join forces in such an impactful manner and look forward to the opportunities that lie ahead.”

As one company, Vee Healthtek’s clients can expect expanded capabilities that empower providers to overcome reimbursement challenges and achieve stronger financial performance. With breakthrough advances in automation and AI technologies, an extensive solution portfolio, and a steadfast focus on customer satisfaction, the company is well-equipped to drive greater efficiency, innovation, and growth across the revenue cycle. Precision’s deep technical expertise and robust customer relationships, paired with Vee Healthtek’s history of industry-leading financial outcomes for clients, will enhance healthcare organizations’ success through more comprehensive, scalable offerings. A unified force, Vee Healthtek will be better positioned to present agile solutions to providers’ most pressing challenges.