LENEXA, KS – Industry mainstay Fastrack Healthcare Systems Inc has been acquired by Mediware Information Systems Inc, a HME and home infusion therapy software company. The transaction brings more than 300 new customers, in addition to the services and contracts of Fastrack.
According to a company press release, Mediware plans to combine the Fastrack business with its existing Alternate Care Solutions business line. Mediware has operated in the HME, home infusion therapy and home health nursing software sector by building a portfolio of homecare solutions through acquisitions that began in 2008.
“Mediware software now supports more than 700 customers who deliver home infusion, HME, specialty pharmacy and home health nursing services to patients with chronic illnesses throughout the United States,” said Thomas Mann, president and CEO of Mediware. “This transaction continues our strategy of extending Mediware’s expertise into specialized acute, sub-acute and community-based settings that are forecasted to experience growth over the next decade. Increasingly, home care providers look to our solutions to drive down costs and to prepare their businesses for growth spurred by health reform and the aging population.”
Spencer Kay, CEO at Fastrack, adds: “We see the acquisition of Fastrack, a pioneer in HME and home infusion therapy software, as a positive transaction for customers. Mediware is committed to investment, customer service support and innovation in interoperability, which means future expansion opportunities and added stability for Fastrack customers.”