M&A Deal Summary

Prognosis Health Information Systems Acquires Creative Healthcare Systems

On September 28, 2011, Prognosis Health Information Systems acquired healthcare services company Creative Healthcare Systems

Acquisition Highlights
  • This is Prognosis Health Information Systems’ 1st transaction in the Healthcare Services sector.
  • This is Prognosis Health Information Systems’ 1st transaction in the United States.
  • This is Prognosis Health Information Systems’ 1st transaction in Colorado.

M&A Deal Summary

Date 2011-09-28
Target Creative Healthcare Systems
Sector Healthcare Services
Buyer(s) Prognosis Health Information Systems
Deal Type Add-on Acquisition

Target

Creative Healthcare Systems

Springfield, Colorado, United States
Creative Healthcare Systems, Inc. an innovative financial management and patient accounting solution

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Buyer(S) 1

Buyer

Prognosis Health Information Systems

Houston, Texas, United States

Category Company
Founded 2006
Sector Information Technology
DESCRIPTION

Prognosis Innovation Healthcare is changing the way EHRs support rural and community hospitals. With an easy-to-use adaptable solution, Prognosis helps hospitals achieve system-wide user adoption, which results in better care coordination, improved communication, enhanced patient safety, increased charge capture and augmented hospital operations. Our entire solution suite — inpatient, ambulatory, ED and financial systems — is built on a Web-native platform, allowing for tremendous flexibility. This means new functionality and enhancements are released more quickly, ensuring our clients are prepared for new regulations and benefit from best practices.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1