The healthcare market is still in chaos. Despite COVID-19 cases peaking and then declining in most parts of the US, hospitals are struggling to return to even a semblance of normalcy. As severe as the Great Recession of 2007 to 2009 was, the fallout from the pandemic has arguably eclipsed it, not least because the factors involved aren’t merely fiscal but reach into every aspect of our society.
Strata Decision Technology (Strata), a pioneer and leader in the development of cloud-based financial planning, analytics and performance tools for healthcare, today announced that it has reached a definitive agreement to acquire EPSi from Allscripts (NASDAQ: MDRX) for $365 million. EPSi is a leading provider of financial decision support and planning tools for hospitals and health systems.
Life on the front lines of the fight against COVID-19 has been arduous for healthcare professionals and the patients they serve. We were determined to do everything in our power to help hospital executives make the right choices for their staff, communities, and bottom line. Read More…