Expands the owner of Kinnser and Fazzi into skilled nursing and assisted living facilities.
LENEXA, Kan. — August 1, 2018 — Mediware Information Systems, Inc., a portfolio company of TPG Capital and a leading supplier of software solutions in health care and human services, and BlueStrata EHR, a leading cloud-based electronic health record (EHR) for long-term post-acute care providers, are pleased to announce that Mediware has acquired BlueStrata EHR.
With the addition of BlueStrata EHR, Mediware expands its technology solutions into the long-term care market. The acquisition allows Mediware to better address the health care needs of the aging population and the business and process needs of the broader post-acute market, through accelerated product innovation as well as extensive analytics. This transaction is an ideal fit, as both Mediware and BlueStrata EHR support strong company cultures, are highly innovative, and deliver exceptional client service.
“We see tremendous potential with BlueStrata EHR. It’s a comprehensive, easy-to-use clinical and billing system for the long-term care industry,” said Bill Miller, CEO of Mediware. “BlueStrata EHR provides Mediware with a high-quality solution and a new market opportunity where we can share our expertise in improving care through technology. Together with BlueStrata EHR, Mediware now offers the broadest set of solutions in the post-acute software market, including home health, hospice, and rehab.”
BlueStrata EHR utilizes a cloud-based software as a service (SaaS) model designed to meet the specific clinical, financial, and operational needs of skilled nursing and assisted living facilities. The robust EHR is fully integrated with billing, accounting, and business intelligence modules, providing customers a seamless and comprehensive solution. Through this acquisition, BlueStrata EHR will have access to expanded resources, including investments in technology, sales, and marketing.
“Mediware understands the importance of home and community-based care and the growth opportunities driven by our aging population and need for higher quality, lower cost care,” said Todd Holtmann, President of BlueStrata EHR. “We share Mediware’s focus on great company culture and excellent customer service, so we believe this will truly help and benefit our customers.”
BlueStrata EHR is headquartered in St. Louis, Missouri, and Mediware plans to maintain this location. Both Mediware and BlueStrata EHR remain committed to customer success and will maintain the high-quality service, insights, and support that customers have come to expect from BlueStrata EHR.
Together, Mediware and BlueStrata EHR will create advanced technologies with expanded functionality to help long-term care and skilled nursing and assisted living facilities communicate and collaborate more effectively with other parts of the health care continuum.
Mediware is a leading 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. mediware.com
BlueStrata EHR is a cloud-based, Software as a Service model electronic health record (EHR) designed and tailored specifically for the needs of the long-term care market. Their unique approach to providing hands-on implementation, on-site training, and extensive data conversion services ensures the solution is implemented quickly, easy to use, and affordable. Its innovative ONC-certified EHR is fully integrated with the billing, accounting, and business intelligence modules to offer its customers a seamless and comprehensive solution. BlueStrata EHR is headquartered in St. Louis, MO.
TPG is a leading global alternative asset firm founded in 1992 with more than $82 billion of assets under management and offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, and Singapore. TPG’s investment platforms are across a wide range of asset classes, including private equity, growth venture, real estate, credit, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio.
Clairvoyant Networks, LLC announced today that Caregiver.com, a leading online and print resource for caregivers and care teams, has awarded the company’s Theora Connect™ and Theora Link™ remote monitoring technology for caregivers with its prestigious Caregiver Friendly Product Award for 2018.
Theora Connect is a wearable. Coupled with the Theora Link Smartphone App for caregivers, it provides a complete, pre-activated solution to enable care teams to stay connected with care recipients. Theora Care™ is the first technology to use situational awareness, which the company defines as "knowing how, when and where a care recipient may need attention."
Stephen Popovich, president and chief executive officer at Clairvoyant Networks, and a named Fellow of the Texas A&M University Center for Population Health and Aging (CPHA), expanded on the increasing requirement for remote monitoring technology for caregivers. "With Theora Care, we have a proven solution for busy, time-challenged family caregivers to help increase their peace of mind about a family member’s status. Caregiver’s using the technology are finding that not only can they monitor a loved one’s status remotely, but also feel more comfortable taking their family members to stores, restaurants - more social activities - knowing they can locate and contact them using the solution in the event they become separated."
The Caregiver Friendly® Awards are presented by Today’s Caregiver magazine to celebrate outstanding books, media, products and services which have been designed with the best interest of the caregiver and his or her loved one in mind. Today's Caregiver magazine and caregiver.com, launched in 1995, are published by Caregiver Media Group, which also produces the Fearless Caregiver Conferences.
Clairvoyant Networks, LLC, has developed the Theora Care suite of IoT devices and SaaS applications to provide family and professional caregivers with better condition information, communications, and location services for care recipients. Customers range from family and professional caregivers to technology leaders, as well as ongoing research studies with government health organizations and academia. Clairvoyant Networks, LLC, has offices in Austin, TX, and Raleigh, NC.
By working with three renowned home care providers throughout Minnesota, PHI’s initiative intends to improve home care delivery across the state.
NEW YORK — August 1, 2018 — PHI formally launched an initiative today that seeks to transform home care jobs throughout Minnesota, reducing turnover in this sector and improving care for the state’s residents. PHI—a national research and consulting organization widely considered the leading expert on the direct care workforce—will work with three leading home care providers in Minnesota to implement this initiative.
"At a time when the workforce shortage in home care has heightened the need for large-scale, sustainable solutions, we are thrilled to be working side-by-side with these dedicated home care leaders to envision a vastly improved home care sector in this state," said Jodi M. Sturgeon, president at PHI.
According to Sturgeon, a key aspect of this initiative will be to "elevate the role of the aide" in Minnesota’s home care system—training and supporting them to have more meaningful roles in this sector.
Over the next two years, PHI will work with these providers to create advanced roles for home care aides; develop entry-level training programs and curricula; provide coaching supervision training for managers; tailor a series of field-proven recruitment and retention strategies, and pilot an eLearning approach that would create an efficient, cost-effective training solution to support consumers who function as employers for home care workers.
Providers in this initiative were selected because they are renowned for their leadership in their communities and across Minnesota, they represent a cross-section of issues shaping home care at the state level, and they have the capacity and dedication to undertake an important, multi-year initiative.
"An initiative of this magnitude requires a multi-faceted approach that engages leaders throughout the organization—from home care workers on the frontline, to managers and executives, to the broader workplace culture," said Susan R. Misiorski, vice president of workforce innovations at PHI.
The number of people age 65 and older in Minnesota is expected to grow from approximately 870,000 in 2017 to 1.2 million in 2027, according to a 2017 report from PHI. Unfortunately, a growing "care gap" between the number of older people in Minnesota and women aged 20-64 (the typical demographic for home care workers) threatens to disrupt the direct care sector.
Despite its growing importance—and the exceptional leadership of many “high road” employers in the field, including those participating in this initiative—the home care job at the national level has long been undervalued, as evidenced by low wages, and minimal training or advancement opportunities, among other factors. Moreover, the poor quality of home care jobs can lead to high turnover in this sector, which hovers around 60 percent nationally, making it difficult for many providers to meet growing demand.
These problems are most profound in rural areas where health-related resources are often thinner—and clients and workers are geographically dispersed across large areas.
"We hope to create a model that informs rural home care strategies around the country," said Misiorski, who’s also leading a similar PHI project in Wisconsin. "The challenges facing home care workers in Minnesota and their clients resemble what’s happening nationwide."
Reactions from Minnesota Providers
"Accra is committed to supporting people with disabilities and older adults as well as the people who provide their care. Partnering with Accra, PHI will be doing something they have not done before, focusing on helping clients who self-direct their service to recruit and retain the highest quality of employee as their caregivers," stated John Dahm, President/CEO, Accra.
"Benedictine Health System is pleased to be part of PHI’s initiative to address recruitment and retention challenges specific to assisted living home care jobs in Minnesota. This opportunity to transform home care positions and ultimately reduce turnover of these valuable direct care staff will help us maintain a quality workforce and better serve those entrusted to our care," said Patricia Nott, MA, CCP, Vice President, People Development, Benedictine Health System. BHS communities participating in this initiative are Benedictine Living Community of St. Peter, and St. Crispin Living Community, Red Wing.
"Caregiving is meaningful work and it requires special individuals. As an organization that provides care in rural Minnesota communities, finding and retaining those individuals can be challenging. We are excited to be working with PHI and believe this initiative will provide our team with the training and education they need to feel empowered to grow personally and professionally, and to ultimately provide the highest quality care possible to the individuals we serve," added Brooke Zabel, Vice President of Human Resources, Knute Nelson.