Constellation Software Acquires MEDHOST, Bolstering Healthcare Portfolio

2 years ago 86

What You Should Know: � Constellation Software Inc. (TSX: CSU) announced its subsidiary N. Harris Computer Corporation (Harris) has acquired MEDHOST, Inc., a provider of electronic health record (EHR) solutions. � This acquisition aligns with Harris� long-term commitment to...

What You Should Know:

� Constellation Software Inc. (TSX: CSU) announced its subsidiary N. Harris Computer Corporation (Harris) has acquired MEDHOST, Inc., a provider of electronic health record (EHR) solutions.

� This acquisition aligns with Harris� long-term commitment to the healthcare sector. With over 200 businesses operating in diverse industries, Harris has a proven track record of successfully integrating and growing acquired companies. By adding MEDHOST to its portfolio, Harris expands its reach and strengthens its position as a leading provider of software solutions for the healthcare industry.

MEDHOST: A Leading Healthcare Player

MEDHOST, headquartered in Franklin, Tennessee, boasts a robust suite of EHR solutions designed specifically for the needs of ambulatory care providers. Its offerings include:

Physician practice management: Streamlining scheduling, billing, and other administrative tasks.

Clinical documentation and reporting: Simplifying medical record keeping and data analysis.

Patient engagement tools: Empowering patients with secure online access to their health information.

Synergy and Growth Potential

Harris, known for its expertise in acquiring and building software companies, will operate MEDHOST as a stand-alone business while leveraging its resources and best practices to drive further growth.This acquisition presents several strategic benefits:

Market Expansion: Harris gains a significant foothold in the ambulatory care EHR market, complementing its existing healthcare offerings.

Enhanced Capabilities: MEDHOST�s solutions and expertise strengthen Harris� ability to serve healthcare providers effectively.

Shared Resources: Both companies can benefit from Harris� proven acquisition and integration strategies, as well as its global reach and financial resources.

�MEDHOST is a highly respected company with a strong commitment to providing innovative solutions for ambulatory care providers. We are confident that this acquisition will benefit both companies and, ultimately, the patients we serve,� said Jerry Canada, Group President � Healthcare at N. Harris Computer Corporation.


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