EHR vendor Medsphere Systems Corp. has purchased Wellsoft Corp., a “best of breed” provider of emergency department software. Medsphere said it would introduce a solution for urgent care centers that capitalizes on the technology from Wellsoft, combined with Medsphere’s RCM Cloud revenue cycle suite.
Using a subscription-based payment model, Carlsbad, Calif.-based Medsphere offers its CareVue EHR for inpatient facilities, ChartLogic solution for clinics, and RCM Cloud system for revenue and back office. Its Phoenix Health Systems division offers vendor-independent healthcare IT consulting, service desk support and infrastructure outsourcing services.
In December 2018 Medsphere, which was founded in 2002, announced the closing of $32 million in financing from Morgan Stanley Expansion Capital and East West Bank to meet demand for its solutions and services, and for strategic acquisitions.
The Wellsoft solution includes functionality focused on patient tracking, clinical documentation, orders and results, reimbursement, clinical decision support, discharge planning and data management. The Somerset, N.J.-based company’s solution has been ranked No. 1 by KLAS Research 14 times since 2002 in the Software and Services – Emergency Department Market Segment category, most recently in 2019.
Wellsoft founder and CEO John Santmann, M.D., will become chief medical information officer at Medsphere. “With this merger, we have the opportunity to expand as an integral component of a larger, integrated enterprise solution for healthcare providers,” he said in a prepared statement. “In our early conversations with Medsphere, we also recognized shared goals and values—specifically, a commitment to empowering healthcare organizations without asking them to sacrifice other clinical initiatives by overpaying for healthcare IT. We’re truly excited to join Medsphere.”
