Hyland Software acquires eWebHealth

March 5, 2010

CLEVELAND – March 1, 2010 – Hyland Software has purchased privately held eWebHealth, a leading provider of hosted medical records workflow solutions. Terms of the transaction were not disclosed.

“We’ve significantly reinforced our already strong healthcare presence over the past several months,” said A.J. Hyland, president and CEO of Hyland Software. “Acquisitions are accelerating our entry into key markets. They’ve also allowed us to add more people with specific healthcare expertise. Combined with our new products and important certifications, acquisitions have helped us to take our offerings and knowledge to new levels.”

“Purchasing eWebHealth does several key things for us. Among them, it increases our domain expertise in the areas of coding and revenue cycle workflow solutions. This acquisition also adds a customer base that has already embraced software-as-a-service (SaaS). It’s a delivery model that’s a key part of our business strategy, and something we offer in the form of OnBase OnLine.

eWebHealth delivers workflow solutions by a SaaS model for clinical, administrative and financial environments. It also automates specialty areas such as physician coding, signature completion and compliance. Nearly 100 small and mid-size hospitals and healthcare facilities located across the country are eWebHealth customers.

“For a lot of reasons, SaaS-delivered content management has become a solid, sensible option for more healthcare organizations than ever before,” said Hyland. “Budgets are tight, IT resources are spread thin and staffs are being forced to handle increasingly large workloads. Many providers aren’t in a position to even consider anything but SaaS products right now. This sets Hyland apart. We offer customers SaaS, on-premise and hybrid options – and the choice to switch deployment methods as needs change.”

www.hyland.com

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