PointClickCare Buys CPSI’s Post-Acute Care EHR Subsidiary
Ontario-based PointClickCare Technologies has acquired American HealthTech Inc., an EHR solutions provider for the post-acute care market, from Computer Programs and Systems Inc. (NASDAQ: CPSI).
PointClickCare enables care collaboration and value-based care delivery by connecting more than 27,000 long‐term and post‐acute care providers, over 3,100 hospitals and health systems, over 3,600 ambulatory clinics, every major U.S. health plan and over 70 state and government agencies.
Founded in 1979, CPSI is the parent of six companies: Evident, LLC, American HealthTech, Inc., TruBridge LLC, iNetXperts Corp. d/b/a Get Real Health, TruCode LLC, and Healthcare Resource Group Inc. The Alabama-based company had $327 million in total revenue in 2022.
PointClickCare describes its platform as delivering 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. The company said that 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.
“As part of our ongoing business transformation, we have decided to divest AHT and therefore discontinue development of the AHT product,” said Chris Fowler, CPSI’s president and CEO, in a statement. “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.”
“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, of PointClickCare, in a statement. “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.”
PointClickCare has grown through acquisitions. In 2020, it purchased Collective Medical, a Utah-based company that offers a care notification and collaboration platform, and in 2022, it purchased Baltimore-based Audacious Inquiry, a connected care platform.