Archives for 2018

DAS Health Acquires Integra to Strengthen Healthcare IT Offering

TAMPA, Fla., Jan. 4, 2018 – The global appetite for mergers and acquisitions among professional services firms in the health sector has continued into 2018, with the purchase of Integra IT Solutions by DAS Health. The Las Vegas-based Integra is DAS Health’s fifth acquisition in recent years, as the firm bids to expand in anticipation of uncertainty in the healthcare segment.

Thanks to its aggressive campaign of acquisitions which has seen DAS bolt on five firms in less than three years, the company is already a leader in patient-centric health IT and management services and the largest national reseller of medical software. The firm additionally offers cloud hosting, managed IT, Security Risk Assessments, and MIPS/MACRA consulting, and medical billing solutions, among other services.

Technology is increasingly being viewed as a key asset in alleviating the increasingly strained healthcare systems of the Western world, with ageing populations meaning that time and resources must be better managed. Meanwhile, health insurance premiums are continuing to rise globally, making the health consulting segment particularly lucrative at present.DAS Health acquires Integra to strengthen healthcare IT offeringSubsequently, competition has become heated in the sector over the previous year in particular, as a number of consultancies participate in an arms race of sorts to best tap into the health market. In 2017, this saw Atos acquire three firms in the healthcare space, while the Advisory Board cashed in on its health education arms in a $26 billion sale.

Las Vegas-based Integra I.T. Solutions, an IT services provider, will further broaden DAS Health’s electronic health record services, and technology solutions while enhancing customer support and care. DAS plans to integrate Integra employees into its overall team, further expanding the company’s skill sets and talent pool. DAS will maintain its national headquarters in Tampa, Florida, and expects to merge its existing west coast operations into Integra’s Las Vegas office, in Nevada. The expanded company will now serve nearly 2,000 clinicians and more than 600 practices nationwide.

“Together with Integra’s suite of services, DAS Health will now be able to share new benefits and better serve both our existing and new clients,” David Schlaifer, DAS Health President and CEO, stated. “This acquisition marks an exciting phase of DAS’ continued rapid growth and ability to help independent physicians prosper in an evolving industry.”

Deepak Shroff, Managing Partner of Integra I.T. Solutions, who will be remaining in his position throughout the acquisition, added, “Joining the DAS Health brand allows us to expand and enhance our existing services, raising the bar as a business partner and healthcare solutions provider. I know that our clients are in good hands, with top of the line support from a recognized expert in the industry.”

View original article on Consultancy.UK

Area Firm Rolls into Vegas for Expansion

TAMPA, Fla. Jan. 3, 2018 — DAS Health, a fast-growing health care IT management firm, has acquired Las Vegas-based Integra I.T. Solutions.

Terms of the deal weren’t disclosed.

The acquisition — DAS Health’s fifth in less than three years — broadens the firm’s electronic health record services and technology offerings, while enhancing customer support and care, according to a statement. The expanded company now serves nearly 2,000 clinicians and more than 600 practices nationwide.

Integra, the release adds, handles and supports several software platforms that expand DAS Health’s portfolio, including eMDs Plus, Lytec, Practice Partner and Medisoft EHR and PM platforms. “Together with Integra’s suite of services, DAS Health will now be able to share new benefits and better serve both our existing and new clients,” DAS Health President and CEO David Schlaifer says in a statement. “This acquisition marks an exciting phase of DAS’ continued rapid growth and ability to help independent physicians prosper in an evolving industry.”

DAS Health was founded in 2003. It had $11.9 million in revenue in 2016.

 

View original article by the Business Observer

Fast-Growing Tampa Health Tech Company Makes a Deal to Help Independent Doctors

TAMPA, Fla., Jan. 3, 2018 – DAS Health says its latest acquisition will help a shrinking pool of independent physicians continue to practice on their own.

DAS, a health technology company based in Tampa, bought Integra I.T. Solutions in Las Vegas, in a deal that DAS said broadens its electronic health record services and technology products, while also enhancing customer support and care. The deal was announced Tuesday; financial terms were not disclosed.

The expanded company now serves nearly 2,000 clinicians and more than 600 practices nationwide, with a focus on independent physician groups, hospital and health care systems across North America.

“As a one-stop shop we can help them to remain successful and independent,” said Tori Couch, marketing manager.

The number of independent physicians has been falling. A study last year by the American Medical Association found that fewer than half of practicing physicians in the United States owned their medical practice. Maintaining the necessary information technology and quality and safety compliance often requires a larger asset base to spread cost, Modern Healthcare reported.

Still, independent physicians possess stronger incentives than hospital-employed physicians to prevent hospitalizations, Becker’s Hospital Review said, citing a 2016 Harvard Medical study.

“This acquisition marks an exciting phase of DAS’ continued rapid growth and ability to help independent physicians prosper in an evolving industry,” said David Schlaifer, DAS Health president and CEO.

Integra I.T. Solutions is the fifth acquisition in less than three years by DAS, which has more than doubled in size in that time, and had just under $12 million in revenue in 2016.

DAS’ growth helps reinforce Tampa as a technology hub, Couch said. “We are now better able to represent Tampa on the national stage,” she said.

DAS also has been adding jobs. The company said it planned to add up to 30 new jobs by the end of this year, when it won $90,000 in state and local tax incentives under the Qualified Target Industries tax refunding program.

Integra I.T. Solutions is the second Las Vegas company DAS has bought. DAS bought Falcon Healthcare Systems in 2016. The company plans to retain the I.T. Solutions office as the hub of its consolidated West Coast operations.

 

View original article by the Tampa Bay Business Journal

DAS Health Acquires Las Vegas-Based Integra I.T. Solutions, Expands EHR and Managed I.T. Services

TAMPA, Fla., Jan. 2, 2018 – Unified by a passion for helping independent physicians thrive, DAS Health has acquired Las Vegas-based Integra I.T. Solutions, an eMDs electronic health record Platinum reseller and IT services provider. The acquisition – DAS Health’s fifth in less than three years – broadens DAS Health’s electronic health record (EHR) services and technology solutions while enhancing customer support and care.

Already a leader in patient-centric health IT and management services and the largest national reseller of Aprima® Medical Software, DAS Health (DAS) will now sell and support eMDs Plus™, Lytec™, Practice Partner™, and Medisoft™ EHR and PM platforms. DAS continues to also offer cloud hosting, managed IT, VOIP, Security Risk Assessments, MIPS/MACRA reporting & consulting, as well as additional patient-centered and revenue generating services including assessURhealth™ mental & behavioral health screenings, chronic care management, and revenue cycle management (RCM) medical billing solutions.

“Together with Integra’s suite of services, DAS Health will now be able to share new benefits and better serve both our existing and new clients,” David Schlaifer, DAS Health President and CEO, stated. “This acquisition marks an exciting phase of DAS’ continued rapid growth and ability to help independent physicians prosper in an evolving industry.”

“Joining the DAS Health brand allows us to expand and enhance our existing services, raising the bar as a business partner and healthcare solutions provider,” Deepak Shroff, Managing Partner of Integra I.T. Solutions, who will be staying on through the acquisition. “I know that our clients are in good hands, with top of the line support from a recognized expert in the industry.”

The expanded company now serves nearly 2,000 clinicians and more than 600 practices nationwide. DAS plans to integrate Integra employees into its overall team, further expanding the company’s skill sets and talent pool. DAS will maintain its national headquarters in Tampa, FL, and expects to merge its existing west coast operations into Integra’s Las Vegas, NV office.

 

*Aprima is a registered trademark of Aprima Medical Software, Inc.

* eMDs, eMDs Plus, Lytec, Medisoft and Practice Partner are trademarks of eMDs, Inc.

 

Read original press release on Yahoo Finance