Community hospital software vendor Computer Programs and Systems fills several gaps in its technology and services portfolios under a definitive agreement to acquire Heartland, a rural and critical access hospital software firm, for $250 million.
Both companies offer a suite of clinical and administrative/financial software. But Healthland brings its Rycan suite of revenue cycle management software that includes best-of-breed claims processing and denial management software, says Boyd Douglas, president and CEO at CPSI. Healthland also brings its American HealthTech electronic health record for 3,300 post-acute care facility customers, such as long-term care and skilled nursing facilities, which are new markets for CPSI.
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