Netsmart Technologies is expanding into long-term and post-acute care. The company announced its acquisition of HealthMEDX®, which develops electronic medical record (EMR) solutions for long-term and post-acute care providers, including continuing care retirement communities, assisted living, independent living, skilled nursing and home care providers.
Netsmart Technologies provides post-acute electronic health records (EHRs) and technology for health and human services providers. It was acquired in March 2016 by a joint venture between Allscripts Healthcare Solutions and private equity firm GI Partners for $950 million.
The addition of long-term care capabilities establishes Netsmart as the largest and most comprehensive supplier of community care technology solutions serving providers in the post-acute and human services segments of healthcare. HealthMEDX customers can also leverage Netsmart’s CareFabric platform of clinical and business solutions, including interoperability, revenue cycle management, data analytics, care coordination and consumer engagement technologies.