Net Health entered into an agreement to acquire Optima Healthcare Solutions last week. The deal is expected to close in July.
Optima offers cloud-based electronic medical record software for contract therapy companies, skilled nursing and assisted living facilities, outpatient therapy clinics, home health therapy providers and hospice organizations.
The combined company will serve patients in more than 14,000 facilities across North America.
“Our combined products, expertise, talent and resources will accelerate our ability to deliver the fully-connected data and predictive capabilities healthcare providers need to thrive in a value-based world,” said Anthony Sanzo, Net Health chairman and CEO. “We are extremely excited about what this acquisition will bring to healthcare providers across our customer base.”
“As our customers navigate upcoming regulatory change, this transaction positions us to do even more to help them deliver industry-leading provider experiences and patient outcomes,” said Josh Pickus, Optima’s president and CEO.
Net Health will keep its headquarters in Pittsburgh and run offices in six states.
Sanzo will become Net Health’s executive chairman. Pickus will join Net Health as president and chief integration officer. Patrick Colletti will continue as Net Health’s COO during the integration and become the combined company’s chief innovation officer.