In an acquisition to bolster its use of the cloud and mobile technologies to enhance care delivery, athenahealth has announced its intentions to acquire Praxify Technologies.
In documents filed with the Security and Exchange Commission, Watertown, Mass.-based athenahealth said it plans to pay as much as $63 million in cash for Praxify. At the close of the transaction, Praxify will become a wholly owned subsidiary of athenahealth, which develops and sells clinical records systems for physician practices and hospitals.
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