Local Health IT Firm Healthland Acquires Software Co.
Healthland, a St. Louis Park–based software provider that helps rural hospitals become fully automated, said Tuesday that it has acquired a company that provides software and electronic health records (EHR) solutions for post-acute facilities.
The company that Healthland acquired is Jackson, Mississippi-based American HealthTech, and Healthland said that the deal will allow the two companies to better serve all types of health care facilities: clinics, hospitals, and post-acute care. (Post-acute care is provided for those who are well enough to leave a traditional hospital setting but are not well enough to return home.)
Financial terms of the acquisition were not disclosed.
The companies will continue to operate under their respective brands and serve their current markets, but “they have already begun the process of linking resources to expand offerings to customers,” Healthland said.
“To thrive and deliver integrated care to an entire community in an efficient, cost-effective manner, a clinic, hospital, or skilled nursing facility needs a coordinated solution with complete EHR capabilities,” Healthland President and CEO Angie Franks said in a statement. “Our combined organizations will deliver that solution.”
Franks also said that the two companies have a “shared vision” for “a complete EHR solution that will enable hospitals to reduce readmissions and leverage the shared patient record to capture and use the data to improve patient outcomes.”
American HealthTech President Teresa Chase said in a statement that roughly one in five post-acute facilities in 47 states rely on American HealthTech’s services.
“As we saw changes unfolding in national health care reform, it became clear that we needed to respond to our customers’ requests for a continuum of solutions by partnering with a company which could expand our reach to include clinics, hospitals, and home care with a comprehensive, integrated information management solution,” Chase said.
Healthland bills itself as the country’s largest provider of fully integrated solutions to rural community and critical access hospitals, and it serves roughly 500 clients from across the country. It has made two other strategic acquisitions in recent years: In 2008, it purchased Texas-based Advanced Professional Software, and in 2009, it acquired Omaha-based American HealthNet.
In 2012, Healthland was honored as one of Twin Cities Business’ Small Business Success Stories. To learn more about the company, click here.