Medsphere Systems Corporation acquires supply chain management company Healthline
A leading IT solutions provider for the global healthcare sector has acquired a supply chain management specialist, significantly boosting its supply chain capabilities through mobile application solutions.
Medsphere Systems Corporation announced in a statement this week that it has acquired Healthline Solutions, provider of robust and adaptable applications that combined bar coding and RFID technology in the healthcare supply chain.
The acquisition falls in line with Medsphere’s current expansion plans, as it looks to offer platforms that satisfy the clinical, revenue cycle and inventory management needs of all inpatient acute and behavioural health facilities.
Related stories:
Strategic supplier relationships, sustainability and digitalisaton: five procurement trends for 2019
Technology, governance and recruitment: could 2019 be the tipping point for procurement?
Reducing logistics costs by enabling a pull-based, vertically integrated supply chain through IoT
HealthLine, now falling under the Medsphere umbrella, provides intuitive user interfaces and systems integration to create simpler supply chain management for healthcare organisations. It also utilises supply chain reporting support for specialised clinical functions like interventional medicine and surgery.
“HealthLine applications empower hospitals to increase revenue and lower labour costs while having complete confidence in inventory data, which is why we’re excited about this strategic acquisition,” said Medsphere President and CEO Irv Lichtenwald. “With the addition of supply chain management functionality, the CareVue solution overall, and the RCM component specifically, offer a unique combination of comprehensive and affordable functionality that no other healthcare IT provider has chosen to match.”