Financial Advisor
Geriatric Practice Management Corp.
M&A Advisory
Has Been Acquired By
Transaction Details
- On February 3, 2021, Netsmart Technologies, Inc. (“Netsmart”), announced the acquisition of Geriatric Practice Management Corp. (“GPM”)
- This acquisition extends the Netsmart CareFabric platform to deliver interoperable data sharing between long-term care facilities and the providers that treat and coordinate care for their residents
- “GPM is a great addition to the Netsmart family,” said Netsmart CEO Mike Valentine. “The Company was founded by geriatricians, which is evident in their collaborative approach to solving everyday efficiency challenges faced by mobile practitioners. This philosophy is a perfect cultural fit with Netsmart as we believe client partnerships lead to the best innovation and ultimately improve patient care.”
- “This is a force multiplier for both new and existing clients as we will now have the ability to improve care delivery through additional value-added offerings such as telehealth, billing, interoperability and analytics tools,” said GPM General Manager Beth Reece
About the company
Geriatric Practice Management Corp.
GPM is a Software-as-a-Service technology and services company devoted to the support of the long-term/post-acute care (LTPAC) community. A focus on solving LTPAC’s unique problems has made GPM the market’s leading provider of medical EHR solutions, with the GEHRIMED EHR as the flagship product. GPM believes in the potential of powerful, intuitive technological solutions to make LTPAC professionals’ jobs easier, more profitable, and more effective.
Netsmart Technologies, Inc.
Netsmart is a leading provider of Software-as-a-Service technology and services solutions, designs, builds and delivers electronic health records
(EHRs), health information exchanges (HIEs), analytics and telehealth solutions and services that are powerful, intuitive and easy-to-use. Its platform
provides accurate, up-to-date information that is easily accessible to care team members in the human services and post-acute care (which is
comprised of home care and hospice and senior living) markets.