HealthMedX acquired

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Netsmart has bought HealthMEDX and its electronic medical records platform, the company announced Thursday.

Netsmart, based in Kansas, has more than 500,000 users in 24,000 organizations, with clients in behavioral health, child and family services, public health and long-term care. Its CareFabric suite includes integrated and coordinated care, which HealthMedX customers will now be able to use. GI Partners and Allscripts Healthcare Solutions Inc. bought Netsmart in April in a $950 million joint venture, the Kansas City Business Journal reported.

Netsmart's HIT Value Model™ metric is a measurement system that is vendor-agnostic, the company said. It noted that many in long-term care have comorbidities that required integrated care coordination.

“The acquisition of HealthMEDX is a major new building block on our journey to build a comprehensive platform to serve community-based providers,” said Netsmart CEO Mike Valentine. “We have the scale, experience and resources to make the investments today needed to position community-based providers for the value-based healthcare world.”

Pamela Pure, the CEO of HealthMEDX, will join Netsmart's senior leadership team

“Netsmart provides the scale and solutions to help providers evolve to the world of value-based care, the ‘new normal' for all of healthcare, including LTC,” she said.