Tech Roundup: Netsmart Finalizes Change Healthcare Acquisition

Netsmart Finalizes Acquisition of Change Healthcare’s Home Care and Hospice Solutions

Netsmart, one of the largest providers of behavioral health electronic health records (EHRs) in the United States, has finalized its acquisition of the home care and hospice solutions of Change Healthcare, formerly known as McKesson Homecare and McKesson Hospice.

Financial terms of the deal were not disclosed.


Overland Park, Kansas-based Netsmart designs, builds and delivers EHRs, along with other related solutions and services.

The company currently works with more than 600,000 users in more than 25,000 organizations located throughout the country.

The acquisition will further establish Netsmart as one of the leading IT partners for post-acute and behavioral health providers, according to the company.


Reliq Health Technologies Lands New Business

Reliq Health Technologies Inc. (TSXV: RHT), a Canadian tech company that develops mobile health and tele-medicine solutions for the community-based health care market, has signed new contracts with two home health agencies in south and central Texas.

Vancouver-based Reliq Health Technologies specializes in developing software solutions supporting care coordination.

The two new home health contracts will bring Reliq’s iUGO Care remote patient monitoring solution to more than 1,200 chronic disease patients in Texas, according to the company. The iUGO Care Platform integrates wearables, sensors, voice technology, mobile apps and desktop interfaces for real-time insights into patient health.

A company announcement about the new business did not name the home health agencies working with Reliq.

Partnership Aims to Accelerate Development, Adoption of Bundled Payments

The National Alliance of Healthcare Purchaser Coalitions and Remedy Partners are collaborating to help advance development and employer adoption of bundled payments.

Washington, D.C.-based National Alliance is a not-for-profit network of business coalitions representing more than 12,000 purchasers and 45 million Americans. The organization’s mission is to help drive innovation in the health sector with a focus on value-based purchasing.

Norwalk, Connecticut-based Remedy Partners delivers software and services that enable payers, employers and at-risk providers to organization and finance health care delivery around a patient’s episode of care. The company currently delivers its services to partners at more than 1,000 health care locations nationwide.

“By combining our expertise in episode-based payment models and advanced technology infrastructure with the National Alliance’s unprecedented reach to diverse purchasers and key stakeholders, we are working to drive the transformation towards value-based care,” Chris Garcia, chief executive officer of Remedy Partners, said in a statement.

AlayaCare Purchases Canesto Systems

End-to-end home and community care software platform AlayaCare has acquired Canesto Systems Inc., a contact and resource management software provider.

Financial terms of the deal were not disclosed.

Toronto-based AlayaCare is a provider of cloud-based home care software with an end-to-end solution that touches on clinical documentation, back-of-office functionality, remote patient monitoring and mobile apps.

Canesto Systems serves clients in Canada.

AlayaCare’s move to acquire Canesto will expand its insight capabilities by increasing its access to aggregate population health data, according to the company. Doug Gowdy, founder of Canesto, will transition into the role of director of community support services as part of the acquisition.

Written by Robert Holly

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