Market Overview

Mediware® Acquires BlueStrata EHR

Share:

Acquisition expands Mediware's solutions to include software for
skilled nursing and assisted living facilities and offers BlueStrata EHR
expanded resources for investments in innovation and sales

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.

About Mediware

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.

About TPG

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.

View Comments and Join the Discussion!