Increasing its footprint within the dwelling medical care house, software program firm WellSky has acquired Bonafide, an enterprise useful resource planning (ERP) software program resolution for sturdy medical gear (DME) and residential medical gear (HME) corporations.
WellSky has greater than 20,000 purchasers, together with hospitals, blood banks, dwelling well being and hospice and different post-acute suppliers, authorities businesses and human providers organizations.
The corporate notes that DME/HME is a quickly rising phase in healthcare, pushed by the rising demand for patient-centered care within the dwelling.
Thousand Oaks, Calif.-based Bonafide’s enterprise workflow administration platform combines billing, income cycle administration, resupply, provide chain, stock administration, and cell supply. The corporate serves 200 purchasers, together with a number of the largest and fastest-growing DME/HME suppliers.
Mark Ludwig, CEO of Bonafide, will proceed to guide the Bonafide group.
Overland Park, Kans.-based WellSky mentioned its choices in dwelling infusion and residential well being complement Bonafide’s options. WellSky and Bonafide will additional spend money on providers, analytics, and interoperability.
WellSky brings a community of greater than 2,000 hospitals and 130,000 suppliers to Bonafide purchasers, offering entry to the nation’s largest referral community and elevated visibility to sufferers throughout care settings. Within the final 12 months, over 1 million referrals had been despatched to HME/DME suppliers utilizing WellSky’s hospital discharge options.
The businesses mentioned the mixture of WellSky and Bonafide will allow extra DME/HME corporations to enhance operations, streamline ordering and administrative processes, and maximize success within the face of trade challenges and regulatory modifications.
“With the rise in power circumstances, a quickly getting older inhabitants, and an elevated give attention to patient-directed care, the necessity for high-quality home-based healthcare options is extra vital than ever,” mentioned WellSky chairman and CEO Invoice Miller, in an announcement. “I’m thrilled to welcome Bonafide to WellSky. Collectively we’ll work to help this increasing market with the complete suite of WellSky options and our tech-enabled providers to higher collaborate and obtain profitable outcomes for even probably the most complicated affected person populations.”
Phrases of the acquisition weren’t disclosed.
