Healthland, a company providing healthcare information systems to rural hospitals, has acquired American HealthTech, Inc,(AHT) a vendor offering integrated software and electronic health records (EHR) solutions to post-acute care organizations, for an undisclosed amount. The current acquisition will enable the providers to access a novel range of technology management solutions across hospitals, clinics, and post-acute care facilities. While both the companies will continue to cater to their conventional markets under their original brand, expansion of products by linking resources has begun.
Based in Jackson, MS, AHT provides its customers resident accounting, clinical, financial, and enterprise suite of software, interoperability connections, and other professional services. According to Teresa Chase, President of AHT, the company, through the acquisition, will be able to provide an integrated, community-wide service. Teresa also added that currently one in every five post-acute organizations throughout 47 states is depending on AHT and both companies are well-equipped to cater to that need.
Commenting on the current acquisition, Angie Franks, President and CEO of Healthland, finds it to be a win-win situation for care providers and their communities as the two partners have common values and complementary products.
Elaborating further, Franks says that both the companies share a common vision of providing a complete EHR solution that allows hospitals to utilize shared patient record to better patient outcomes, and lower readmissions. According to Franks, clinics, skilled nursing organizations, or hospitals require a coordinated solution with comprehensive EHR capabilities to sustain and provide integrated community care in a cost-effective and efficient way.
Additionally, by providing a shared health record that is available across the healthcare delivery system, including post-acute, ambulatory, preventive, in-home, and inpatient care, Franks opines that the companies will be able to offer care providers a vital element that will enable them to switch from a fee-for-service system to a population management model.
With Healthland’s clients functioning as accountable care organizations even before the healthcare reform, with respect to flow of patient data in one EHR across the care continuum, they will be able leverage new tools, experts, and continued best practices as AHT is expected to facilitate interoperability in the network.
Apart from AHT, Healthland had also acquired Advanced Professional Software (APS) and American Healthnet (AHN), in 2008 and 2009, respectively.
Established in 1980, Healthland is based in Minneapolis, MN and has its offices in Minnesota, Glenwood, and Minneapolis. It offers healthcare information management solution to clinics, hospitals, physicians, extended care facilities, and executives, and implementation, cloud, professional, and infrastructure services. Its Centriq solution provides a single-database system across the care continuum. Francisco Partners, a private equity firm focusing on IT software, acquired Healthland in 2007.