Netsmart Adds HomeCare Accounting Solutions

Netsmart Adds HomeCare Accounting Solutions

Mergers and acquisitions in the Home Health & Hospice space are charging into 2018. Six deals were announced in the sector for the month of January, and more will likely turn up in the coming weeks. January’s total is already about half of the number of deals announced in this sector in the fourth quarter of 2017. It’s no surprise then that companies providing ancillary services to home health and hospice companies are seeing a surge in investor interest. Netsmart Technologies, jointly owned by Allscripts Healthcare Solutions (NYSE: MDRX) and GI Partners, has been building out front-office software solutions (think electronic health records) for providers in this area. Now... Read More »

Netsmart Builds Out its Community Care Platform

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... Read More »

Netsmart Picks Behavioral Health EHR

Netsmart Technologies, which provides post-acute electronic health records and technology for health and human services providers, acquired Little Rock, Arkansas-based Lavender & Wyatt Systems, which provides electronic health records and related services for behavioral health providers. LSWI clients will now have access to Netsmart’s CareRecord EHR optons and arange of other solutions and services that help to deliver quality care and maximize operational efficiencies. Its own Essentia general ledger modules will be added to the Netsmart CareGuidance suite and made available to all Netsmart clients. Read More »