Home care software provider Mediware Information Systems this week announced it has acquired Definitive Homecare Solutions Ltd. known for its CPR+ flagship software.
Lenexa, Kansas-based Mediware will acquire more than 600 new customers as well as the expertise, products, services and contracts of DHS, which serves home infusion, home medical equipment and retail and sub-acute speciality pharmacy sectors.
The shift to home-based care settings is driving the market for home care acquisitions, Mediware’s executives said.
“Market conditions are ripe for consolidation in the homecare technology sector as care shifts to home-based settings,” said Thomas Mann, Mediware president and chief executive officer.
The company cited health reform, aging populations, prevalence of chronic disease and other factors as driving home care growth as well as the potential for consolidation.
“Mediware Alternate Care Solutions has built a solid reputation for powerful products and smart subject matter experts, and acquiring DHS deepens our expertise in homecare even more,” Mann said. “DHS is a forward-thinking company that shares Mediware’s vision for delivering homecare technology with advanced functionality and interoperability. We’re very excited to welcome CPR+ to the Mediware family of solutions.”
Terms of the deal were not disclosed.
Written by Elizabeth Ecker