Chicago-based Allscripts has acquired Extended Care Information Network (ECIN), a provider of hospital care management and discharge planning software, for approximately $90 million in cash.
According to AllScripts, the acquisition enables it to facilitate the exchange of patient information between hospital case managers, physicians outside the hospital, and post-acute care facilities. ECIN has a client base of more than 400 hospitals and nearly 5,000 post-acute care facilities, including nursing homes, assisted living and other facilities to whom hospitals refer patients in need of long-term care or short-term residential-based rehabilitation.
In light of the acquisition, Allscripts has created a new Hospital Solutions Group within the company to be directed by Jeff Surges, CEO of ECIN. The business unit will combine ECIN with AllScripts emergency department information systems (EDIS) and its existing care management solution, Canopy. Allscripts stated that it will continue to support both of its care management products for the foreseeable future.