Netsmart to Acquire Change Healthcare Home Care & Hospice Solutions

Netsmart plans to acquire Change Healthcare Home Care and Hospice Solutions

Apr 07, 2018

Netsmart of Overland Park, KS  announced a definitive agreement to acquire the home care and hospice solutions of Change Healthcare, formerly known as McKesson Homecare and McKesson Hospice. The Change Healthcare home care and hospice team has established their reputation in the post-acute care space over the last 30 years, and this acquisition is expected to solidify the position of Netsmart as a leading provider of post-acute technology and services.

Homecare Advisor and Hospice Advisor increase clinician satisfaction and efficiency, providing more time to focus on patient care. The financial solutions help ensure documentation compliance and shorten revenue cycle times, and the easy-to-use insights and data enable organizations to focus on improved financial, clinical and operational performance.

Netsmart is the healthcare industry's largest post-acute, behavioral health and social services IT provider. The Netsmart network connects the post-acute care and human services provider networks with their health system and primary care referral partners. There have been more than 1 million connections made through our network, with more than 1,300 connected labs and more than 10 million clinical transactions per year. The network provides clients with a National Provider Directory with more than 1.5 million addresses to enable secure collaboration and patient data sharing with a person’s care team and extended caregivers across multiple care settings both internal and external. Netsmart is also a founding member and live implementer of the Carequality interoperability framework, which enables integrated, direct secure messaging.

Netsmart and Change Healthcare have signed a definitive agreement and expect the deal to close in the second quarter of 2018, subject to conditions that include a waiting period under U.S. antitrust laws.