Acquisition strengthens Net Health’s ability to support post-acute care providers and expands its cross-continuum solutions
Net Health, a leading provider of cloud-based software for specialty medical providers, announced that it has acquired Casamba LLC, a provider of electronic medical record (EMR) solutions for physical, speech and occupational therapy providers and home health and hospice agencies. The acquisition strengthens Net Health’s ability to support post-acute care providers as they navigate unprecedented change, including a rapidly changing regulatory and reimbursement environment, diversification of service offerings and care settings, and disruptions arising from the COVID-19 pandemic. The acquisition also expands Net Health’s offerings linking providers across the continuum of care from hospital to home.
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Casamba serves customers in skilled nursing and assisted living facilities, in outpatient clinics, and in home health and hospice settings, and augments Net Health’s presence in post-acute care. The combined company will boast market-leading EMR and analytics products in use at over 23,000 facilities across the continuum of care, including 98% of large hospital chains and many leading skilled nursing and assisted living facilities, home health and hospice agencies, and wound care and other specialty clinics. These customers will benefit from the companies’ combined strengths in enabling healthcare providers to deliver a differentiated patient experience, improve clinical documentation, operate efficiently, bill successfully, and gain insight into the clinical care and business operations.
“Healthcare providers across post-acute care settings are being challenged to deliver better patient experiences and outcomes at lower cost,” said Josh Pickus, Net Health’s Chief Executive Officer. “By combining with Casamba, we strengthen our ability to deliver high quality software and actionable analytics to these providers as they evolve to meet 21st century healthcare needs.”
“I am delighted that we are bringing together two organizations that are passionate about improving post-acute care and have strong products and industry knowledge,” said Ronnie Amrany, Founder and Executive Chairman of Casamba.
“We share a vision of the future, including the opportunity to help caregivers and organizational performance through the use of advanced analytics,” said Billie Nutter, CEO of Casamba. “I’m confident that this will help Casamba’s customers build strong, effective businesses in the face of the changes affecting healthcare today and in the future.”