The purchase will result in an expanded suite of services that will help office-based physicians and Community Health Centers (CHC) improve operational efficiencies, generate revenue and enhance patient health outcomes.
Following the acquisition after clearance from regulatory authorities, the Birmingham, Alabama-based SuccessEHS will become a unit of Vitera.
SuccessEHS provides EHR, practice management, electronic dental record, dental imaging and revenue cycle management solutions. It offers implementation services, training and support to its physician practices and CHCs.
Vitera CEO Matthew Hawkins said the acquisition of SuccessEHS supports Vitera’s strategy for growth in the changing healthcare marketplace and is indicative of the tremendous progress it has made over the past 18 months.
"The acquisition is a natural progression of Vitera’s strategic intent to be the leader in ambulatory healthcare information technology. We are committed to providing the solutions and services our customers need to succeed in this new era of healthcare," Hawkins added.
Following the addition of SuccessEHS’s customer base, Vitera will serve over 10,500 health organizations and over 415,000 medical professionals nationwide.
The acquisition will widen Vitera’s customer base of CHCs, including rural health centers, student health centers, HIV/AIDS clinics and Federally Qualified Health Centers (FQHC).
The purchase leads to an expanded suite of services that facilitates office-based physicians and Community Health Centers (CHC) improve operational efficiencies, generate revenue and enhance patient health outcomes.
Vitera CEO Matthew Hawkins said that the acquisition of SuccessEHS supports the company’s strategy for growth in the changing healthcare marketplace and is indicative of the tremendous progress Vitera has made over the past 18 months.
"The acquisition is a natural progression of Vitera’s strategic intent to be the leader in ambulatory healthcare information technology," Hawkins added.
"We are committed to providing the solutions and services our customers need to succeed in this new era of healthcare."
With SuccessEHS’s customer base addition, Vitera will now be able to offer services to more than 10,500 medical organizations and over 415,000 medical professionals nationwide including more than 85,000 physicians.
The acquisition enlarges Vitera’s customer base of CHCs such as rural health centers, student health centers, HIV/AIDS clinics and Federally Qualified Health Centers (FQHC). It also helps in the expansion of Vitera’s expertise in delivering solutions that meet the needs of the customers.
SuccessEHS CEO Sanders Pitman said that the acquisition is going to bring out the best of both organizations.
"It allows us to build on Vitera’s longevity and growing strength in the industry, as well as the impressive infrastructure they’ve put in place to provide medical practices and CHCs with innovative EHR and practice management solutions," Pitman added.
Raymond James Health Care Investment Banking Group acted as an exclusive financial advisor to SuccessEHS in the transaction.
