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PointClickCare Acquires CPSI Subsidiary, American HealthTech

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PointClickCare Technologies has acquired American HealthTech, Inc. from Computer Programs and Systems, Inc. (CPSI) to continue supporting AHT customers. CPSI has decided to divest AHT and discontinue its development. PointClickCare was chosen to take care of AHT’s customers and ensure their success. The acquisition aims to provide AHT customers with best-in-class solutions and access to PointClickCare’s industry-leading products. PointClickCare's integrated platform will deliver real-time, actionable insights at the point of care to facilitate seamless transitions and better post-discharge outcomes for AHT customers.
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Insights

The strategic acquisition of American HealthTech, Inc. (AHT) by PointClickCare Technologies represents a significant consolidation within the healthcare technology sector, specifically within the electronic health record (EHR) systems for post-acute care. This move will likely enhance PointClickCare's market share and extend its reach in the post-acute care network by integrating AHT's customer base and solutions into its own expansive dataset and care collaboration network.

From a technological standpoint, the integration of AHT's systems into PointClickCare's platform could lead to improved interoperability and data sharing capabilities across different care providers. This is crucial as the industry increasingly values the ability to seamlessly transition patient information and coordinate care, which ultimately could lead to better patient outcomes and more efficient healthcare delivery.

PointClickCare's acquisition of AHT is reflective of the broader trend towards digital transformation in the healthcare industry. By positioning itself as a more comprehensive provider of EHR solutions, PointClickCare may be able to capitalize on the growing demand for integrated healthcare solutions that can handle complex patient needs, which is especially relevant in the post-acute care market.

For stakeholders, the short-term implications include potential disruptions during the integration phase, but the long-term benefits could include enhanced service offerings and improved operational efficiencies. The market may respond favorably to this acquisition if it is seen as strengthening PointClickCare's competitive position and leading to potential growth in revenue and market share.

As the healthcare sector continues to evolve, the need for a connected care network becomes increasingly important. PointClickCare's acquisition of AHT aligns with the industry's shift toward cloud-based solutions that offer real-time, actionable insights at the point of care. This strategic move could position PointClickCare as a leader in a niche but growing segment of healthcare IT, focused on post-acute care and senior care ecosystems.

It is important to consider the potential challenges in merging two distinct company cultures and systems. However, the shared values and client-focused approach mentioned could mitigate such risks. The integration's success will depend on the seamless transition of AHT's customers and the ability to maintain the quality of care during the process.

CPSI selects PointClickCare to support AHT customers with access to a best-in-class suite of products and solutions, and the most expansive care collaboration network

TORONTO--(BUSINESS WIRE)-- PointClickCare Technologies, a leading healthcare technology platform enabling meaningful collaboration and access to real‐time insights at every stage of the patient healthcare journey, today announced the acquisition of American HealthTech, Inc. (AHT), a subsidiary of Computer Programs and Systems, Inc. (NASDAQ: CPSI) and a leading provider of electronic health record (EHR) solutions and related services for the post-acute care market. CPSI, a community healthcare solutions company, announced the divestment of AHT and selected PointClickCare to continue supporting AHT customers into the future.

“As part of our ongoing business transformation, we have decided to divest AHT and therefore discontinue development of the AHT product,” said Chris Fowler, president and CEO, CPSI. “We selected PointClickCare as the technology partner of choice to take care of AHT’s customers and ensure they are set up for success now and into the future. PointClickCare and AHT share similar cultures and values, making this an ideal fit for AHT, its clients, and employees.”

Since its inception, PointClickCare has invested in innovation across the care continuum to help care providers maximize the potential of technology to close gaps in care, create more efficiencies, and improve the healthcare delivery experience. AHT’s post-acute customer base will now have access to the industry’s most-expansive dataset and the opportunity to join PointClickCare’s vision of transforming the senior care ecosystem through the creation of a connected care network during a critical period of digital transformation for the industry.

“Our priority is ensuring AHT customers are equipped with the best-in-class solutions, and we believe the combination of AHT’s legacy of focusing on providers with PointClickCare’s industry leading products gives providers an exceptional path forward,” said Claire Stephens, senior vice president, post-acute care, American HealthTech. “We are confident that PointClickCare is the right choice and trusted partner to guide AHT customers into the future, empowering them to deliver the highest quality of care.”

PointClickCare’s integrated platform delivers real-time, actionable insights at the point of care to facilitate seamless transitions and better post-discharge outcomes while providing visibility into post-acute network performance. With PointClickCare, AHT customers’ care teams will gain access to the data they need, at the point of care, for proactive care collaboration and intervention for their patients, helping them thrive in an evolving market as the needs of their patients become more complex.

“Our transition to PointClickCare was a successful one and a very positive experience for our team,” said John Pulliam, executive director, Fountainview Center for Alzheimer’s Disease. “We are excited to have such a proven partner on our side so we can continue providing the care our residents have come to expect from us, while also preparing for the future with a more integrated, cloud-based solution. I believe transitioning to PointClickCare has also brought about a sense of unity with our staff, and seeing our clinical team working together to help one another as they learn has been inspiring.”

“PointClickCare’s mission has always been, and continues to be, addressing critical gaps in healthcare to better serve high-needs populations through a robust care collaboration network,” said Dave Wessinger, CEO and co-founder, PointClickCare. “We are excited to welcome this group of experienced team members who share similar cultures and values, and their respected AHT customers, to the PointClickCare community and continue fulfilling our mission of modernizing healthcare.”

To learn more about PointClickCare’s award-winning platform and how PointClickCare enables care providers to thrive in an evolving market, visit https://www.pointclickcare.com.

About PointClickCare

PointClickCare is a leading healthcare technology platform enabling meaningful collaboration and access to real‐time insights at every stage of the patient healthcare journey. More than 27,000 long‐term and post‐acute care providers, over 3,100 hospitals and health systems, 2,000 ambulatory clinics, every major U.S. health plan and over 70 state and government agencies use PointClickCare, enabling care collaboration and value‐based care delivery for millions across North America.

About CPSI

CPSI has more than four decades of experience in connecting providers, patients, and communities with innovative solutions that support both the clinical and financial side of healthcare delivery. We provide business, consulting, and managed information technology (IT) services, including our industry leading HFMA Peer Reviewed® suite of revenue cycle management (RCM) offerings, to help streamline day-to-day revenue functions, enhance productivity, and support the financial health of healthcare organizations. Our patient engagement solutions provide patients and providers with the critical information and tools they need to share existing clinical data and analytics that support value-based care, improve outcomes, and increase patient satisfaction. We support efficient patient care across an expansive base of community hospitals with electronic health record (EHR) product offerings that successfully integrate data between care settings. We make healthcare accessible through data-driven insights that deliver workflow efficiencies and remove distractions. Our solutions allow our clients to achieve better decisions and results while keeping patients at the center of care. We are a healthcare solutions company. We clear the way for care. For more information, please visit www.cpsi.com.

Nicole Das

Media Relations

PointClickCare@pancomm.com

Source: PointClickCare

FAQ

What company has acquired American HealthTech, Inc. from CPSI?

PointClickCare Technologies has acquired American HealthTech, Inc. from Computer Programs and Systems, Inc. (CPSI).

Why did CPSI decide to divest AHT?

CPSI decided to divest AHT as part of their ongoing business transformation and to discontinue the development of the AHT product.

Who was selected to take care of AHT’s customers after the divestment?

PointClickCare was selected as the technology partner of choice to take care of AHT’s customers and ensure they are set up for success now and into the future.

What are the benefits of the acquisition for AHT customers?

The acquisition aims to provide AHT customers with best-in-class solutions and access to PointClickCare’s industry-leading products, delivering real-time, actionable insights at the point of care.

What will PointClickCare's integrated platform deliver for AHT customers?

PointClickCare's integrated platform will deliver real-time, actionable insights at the point of care to facilitate seamless transitions and better post-discharge outcomes for AHT customers.

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