TPG Capital-backed Mediware Information Systems Inc has acquired St. Louis, Missouri-based BlueStra EHR, a cloud-based electronic health record for long-term post-acute care providers. No financial terms were disclosed.
LENEXA, Kan.–(BUSINESS WIRE)–Mediware Information Systems, Inc., a portfolio company of TPG Capital and a leading supplier of software solutions in health care and human services, and BlueStrata EHR, a leading cloud-based electronic health record (EHR) for long-term post-acute care providers, are pleased to announce that Mediware has acquired BlueStrata EHR.
With the addition of BlueStrata EHR, Mediware expands its technology solutions into the long-term care market. The acquisition allows Mediware to better address the health care needs of the aging population and the business and process needs of the broader post-acute market, through accelerated product innovation as well as extensive analytics. This transaction is an ideal fit, as both Mediware and BlueStrata EHR support strong company cultures, are highly innovative, and deliver exceptional client service.
“We see tremendous potential with BlueStrata EHR. It’s a comprehensive, easy-to-use clinical and billing system for the long-term care industry,” said Bill Miller, CEO of Mediware. “BlueStrata EHR provides Mediware with a high-quality solution and a new market opportunity where we can share our expertise in improving care through technology. Together with BlueStrata EHR, Mediware now offers the broadest set of solutions in the post-acute software market, including home health, hospice, and rehab.”
BlueStrata EHR utilizes a cloud-based software as a service (SaaS) model designed to meet the specific clinical, financial, and operational needs of skilled nursing and assisted living facilities. The robust EHR is fully integrated with billing, accounting, and business intelligence modules, providing customers a seamless and comprehensive solution. Through this acquisition, BlueStrata EHR will have access to expanded resources, including investments in technology, sales, and marketing.
“Mediware understands the importance of home and community-based care and the growth opportunities driven by our aging population and need for higher quality, lower cost care,” said Todd Holtmann, President of BlueStrata EHR. “We share Mediware’s focus on great company culture and excellent customer service, so we believe this will truly help and benefit our customers.”
BlueStrata EHR is headquartered in St. Louis, Missouri, and Mediware plans to maintain this location. Both Mediware and BlueStrata EHR remain committed to customer success and will maintain the high-quality service, insights, and support that customers have come to expect from BlueStrata EHR.
Together, Mediware and BlueStrata EHR will create advanced technologies with expanded functionality to help long-term care and skilled nursing and assisted living facilities communicate and collaborate more effectively with other parts of the health care continuum.
Mediware is a leading supplier of software for health care and human service providers and payers. Core Mediware solutions include blood management technologies for hospitals and blood centers; cell therapy solutions for cord blood banks, cancer treatment centers, and research facilities; medication management solutions for hospitals, behavioral health facilities, infusion and specialty pharmacy providers; and rehabilitation therapy and respiratory care solutions. For more information about Mediware products and services, visit our website at www.mediware.com.
About BlueStrata EHR
BlueStrata EHR is a cloud-based, Software as a Service model electronic health record (EHR) designed and tailored specifically for the needs of the long-term care market. Their unique approach to providing hands-on implementation, on-site training, and extensive data conversion services ensures the solution is implemented quickly, easy to use, and affordable. Its innovative ONC-certified EHR is fully integrated with the billing, accounting, and business intelligence modules to offer its customers a seamless and comprehensive solution. BlueStrata EHR is headquartered in St. Louis, MO. Learn more about BlueStrata EHR at www.bluestrataEHR.com.
TPG is a leading global alternative asset firm founded in 1992 with more than $82 billion of assets under management and offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, and Singapore. TPG’s investment platforms are across a wide range of asset classes, including private equity, growth venture, real estate, credit, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio. For more information, visit www.tpg.com.