AP NEWS
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.
PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Medsphere Acquires Wellsoft Corporation, the Leader in Emergency Department Software

February 27, 2019

CARLSBAD, Calif. & SOMERSET, N.J.--(BUSINESS WIRE)--Feb 27, 2019--Medsphere Systems Corporation, the leading provider of affordable and interoperable healthcare information technology (IT) solutions and services, today announced the acquisition of Wellsoft Corporation, a provider of award-winning Emergency Department Information Systems (EDIS). Based in Somerset, NJ, Wellsoft has more than 30 years of experience creating applications that enable providers to improve patient care in the most intense and demanding clinical environment.

Wellsoft’s core product includes an EDIS tailored for the unique workflow and environments of emergency departments and urgent care centers. The Wellsoft solution is implemented at facilities in the United States, Canada and further abroad. Wellsoft has been ranked number one by KLAS Research 14 times since 2002 in the Software and Services – Emergency Department Market Segment category, most recently in 2019.

Moving forward, Medsphere will introduce a comprehensive solution for urgent care centers that capitalizes on the technology from Wellsoft, combined with Medsphere’s RCM Cloud revenue cycle suite.

“You only have to look at the awards and recognition Wellsoft has received to recognize what a significant addition to the CareVue EHR platform this is,” said Medsphere President and CEO Irv Lichtenwald. “We’re very excited about the tremendous clinical value of Wellsoft and CareVue together and we look forward to working with Dr. John Santmann and his team on our shared ethic of making affordable, comprehensive healthcare IT available to all providers.”

The complete Wellsoft solution includes functionality focused on patient tracking, clinical documentation, orders and results, reimbursement, clinical decision support, discharge planning and data management. Wellsoft also includes touch technology and is configurable for specific workflows.

“This is a very positive and exciting time for Wellsoft,” said Founder and CEO John Santmann, MD. “With this merger, we have the opportunity to expand as an integral component of a larger, integrated enterprise solution for healthcare providers. In our early conversations with Medsphere, we also recognized shared goals and values—specifically, a commitment to empowering healthcare organizations without asking them to sacrifice other clinical initiatives by overpaying for healthcare IT. We’re truly excited to join Medsphere.”

As part of the merger, Dr. Santmann will step into the CMIO role at Medsphere.

With the addition of Wellsoft and other recent mergers, Medsphere now offers a CareVue platform that satisfies the clinical, revenue cycle and inventory management needs of all inpatient acute and behavioral health facilities.

About Wellsoft

Wellsoft Corporation, a developer and provider of the industry-leading EDIS since 1988, offers comprehensive EHR solutions for hospital emergency departments (enterprise-wide and single hospital implementations), freestanding emergency centers and urgent care centers. Wellsoft EDIS has ranked #1 in KLAS user surveys of EDIS time and again, and has been implemented in hospitals worldwide, providing an immediate positive impact on the efficiency and profitability of ED operations. Recognized for providing the most configurable and complete EDIS solution, Wellsoft works closely with each client to develop real-world EHR solutions for their emergency departments. For more information, please visit  www.wellsoft.com.

About Medsphere

Founded in 2002 and based in Carlsbad, Calif., Medsphere Systems Corporation is an organization of committed clinical and technology professionals working to positively impact patient care by delivering award-winning healthcare IT solutions for providers of every size and budget. Medsphere’s inpatient portfolio includes CareVue, an integrated EHR system that incorporates clinical, financial, and patient accounting solutions, and RCM Cloud, a complete end-to-end revenue cycle management solution.

Using a vendor-independent approach to helping hospitals solve critical challenges, the Phoenix Health Systems division provides a host of healthcare IT services, including systems implementation, project management, remote service desk, end-user device management, application management and IT leadership. And Medsphere’s ChartLogic division offers a complete ambulatory suite including EHR, Practice Management, Revenue Cycle Management, and Patient Portal.

Learn more about Medsphere at www.medsphere.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190227005110/en/

CONTACT: Medsphere Systems

David Macfarlane

760-692-3751

pr@medsphere.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA NEW JERSEY

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE PRACTICE MANAGEMENT HEALTH HOSPITALS PROFESSIONAL SERVICES ACCOUNTING INSURANCE

SOURCE: Medsphere Systems Corporation

Copyright Business Wire 2019.

PUB: 02/27/2019 08:00 AM/DISC: 02/27/2019 08:01 AM

http://www.businesswire.com/news/home/20190227005110/en