- NextGen Healthcare has signed a deal to acquire Entrada for more than $30 million, the EHR company announced earlier this week.
According to the announcement, Entrada made a net gain of nearly 10 million in revenue in the 2016 calendar year.
Based in Nashville, Entrada is a cloud-based solutions provider specializing in delivering mobile apps capable of integrating with multiple clinical platforms and EHR systems. Entrada helps healthcare organizations optimize existing technology investments and improve physician productivity.
“Mobile health solutions – in the palm of the provider – are quickly becoming some of the most valuable real estate in healthcare,” said President and CEO of NextGen Healthcare Rusty Frantz. “We intend to invest in expanding Entrada’s capabilities, continuing to provide enhancements to their already impressive platform. This acquisition will improve physician satisfaction by providing a better caregiver and patient experience, while enabling clients to improve financial outcomes.”
According to the announcement, Entrada made a net gain of nearly $10 million in revenue in 2016. Combining Entrada’s cloud-based capabilities with NextGen Healthcare’s EHR and health IT solutions is a positive next step in the eyes of Entrada CEO Bill Brown.
"Entrada is focused on improving clinical workflows and creating opportunities for additional provider and patient engagement for the next generation of care delivery," said Brown. "With NextGen Healthcare’s resources, we can accelerate unlocking the productivity potential for caregivers, ultimately helping them gain time to focus on their patients."
Elsewhere in the healthcare industry, EHR company Allscripts recently announced its community interoperability platform, dbMotion Solution, is now available to providers through the cloud on Microsoft Azure.
The solution offers providers faster interoperability service implementation and a lower annual cost. Apart from aiding system interoperability, the platform will also assist providers in improving its population health operations as Microsoft Azure will also support Allscripts Population Health Analytics solution on the dbMotion platform.
“Providers desire a platform that enables them to meaningfully integrate and act on their patients’ health information,” said Allscripts Senior Vice President and General Manager of Population Health Martha Thorne. “By offering access to dbMotion features through the cloud, it will help lower the barrier to entry for health systems and physician groups looking for true interoperability and empower them to make more informed decisions for safer, more efficient care.”
The dbMotion solution is designed to aggregate data from all clinical and financial source systems and deliver this data to providers in a meaningful, actionable way at the point of care.
According to Allscripts, dbMotion is useful not only in reducing the cost of implementation, but also the cost of care delivery. Clinical decision making support through Allscripts newest cloud-based platform will also help providers make more informed decisions to improve patient health outcomes.
This Allscripts solution is part of the solution vendor’s community-based population health management platform, CareInMotion. Allscripts population health management platform is centered on allowing healthcare organizations to adapt solutions to their specific community’s health objectives including risk stratification, coordination of care, transitions of care, and patient engagement.
“We’re delighted to see Allscripts offer a cloud-based platform to enhance provider access to healthcare information,” said General Manager of Worldwide Health, Microsoft Corp, Neil Jordan. “Microsoft Azure provides global scale and enterprise-grade security for Allscripts and its customers, with additional benefits for clinicians gained through the integration with dbMotion. This is such an important part of providing Digital Transformation in the industry, and Allscripts is a leader with the breadth of their population health offerings and the completeness of their vision.”
These recent EHR vendor advancements are indicative of the healthcare industry’s continued push for increased health IT integration and interoperability.