Vocera to acquires Extension Healthcare for $55 million
Vocera Communications has acquired Extension Healthcare for approximately $55 million in an all-cash transaction. Based in Fort Wayne, Ind., Extension Healthcare provides clinical, event-driven communication and workflow collaboration software for the hospital environment.
Executives of San Jose, Calif.-based Vocera say the deal will deepen interoperability of the Vocera Communication Platform with more than 120 clinical systems, including electronic health records (EHRs), physiologic monitors, enterprise clinical systems and biomed devices, such as ventilators. It will also extend the scalability of the enterprise-class platform and enable stronger person-to-person and system-to-person workflows within a single system from a single vendor.
The addition of Extension Healthcare’s complementary software to the Vocera Communication Platform will enhance Vocera’s mobile communication and collaboration platform.
“This acquisition extends the power of Vocera’s software platform for hospitals and health systems seeking one partner for all of their care team collaboration, workflow and communication needs,” said Brent Lang, president and CEO of Vocera. “In addition to offering a powerful combination of technology, Vocera and Extension Healthcare share a mission to improve care delivery, efficiency and safety, while also improving the lives of patients, families and care teams around the world.”
Founded in 2009, Extension Healthcare is known in the market for its clinical integration software solution Engage, which features an advanced clinical rules engine that unifies data from multiple sources simultaneously, enables prioritization of notifications, adds patient context, and sends messages to the right care team members on their mobile devices.
Selected by more than 230 healthcare customers, the Engage software platform has enabled multi-disciplinary care teams to improve response times, minimize interruption fatigue, and reduce patient falls, among other benefits. The intuitive technology offers widespread interoperability and will expand Vocera’s product portfolio, differentiate its competitive position, increase its customer base, and expand the company’s market reach.
Vocera Communications offers a clinical communications system for healthcare providers.