The amount of the deal was not disclosed.
Founded in 2000 by Pete Tanguay, Rock-Pond Solutions provides business intelligence software to the home infusion, HME and specialty pharmacy industries. Their flagship products, CareTend BI and CareTend BI for CPR+, provide the information post-acute healthcare providers need to drive efficiency, profitability and quality. The services side of the company, Rock-Pond Services, specializes in delivering custom business intelligence solutions as well as system integration with health systems, pharmaceutical manufacturers, payers and other stakeholders in the healthcare delivery continuum.
The company’s products are used in all 50 states and Puerto Rico.
As a longtime partner, Rock-Pond Solutions has offered its business intelligence, analytics, content, tools, and services to many of Mediware’s home infusion, HME, and specialty pharmacy customers.
The acquisition will further enhances Mediware’s portfolio of software solutions and provides the company with opportunities for product advancement and optimization, as well as supports more collaborative work on the CareTend product roadmap.
A portfolio company of TPG Capital, Mediware can now develop business intelligence and analytics solutions for customers with enhanced insights to help them streamline processes and make smart decisions.
Engineering teams will be combined to improve coordination and consistency. Additionally, the company plans to accelerate investment in analytics and expertise, beyond CareTend, and continue to drive product innovation.
Led by Bill Miller, CEO, Mediware is a supplier of software for health care and human service providers and payers. Core Mediware solutions include:
– blood management technologies for hospitals and blood centers;
– cell therapy solutions for cord blood banks, cancer treatment centers, and research facilities;
– medication management solutions for hospitals, behavioral health facilities, infusion and specialty pharmacy providers; and
– rehabilitation therapy and respiratory care solutions.
FinSMEs
23/08/2018