March 30th, 2010
Sandata Acquires Health Systems Solutions’ Home Healthcare Business
Sandata to Broaden Product Offering for Medicare Home Health Agencies and Add Leading-Edge GPS Tracking Technology
Port Washington, NY - March 29, 2010: Sandata, LLC, a leading nationwide provider of information technology solutions to the home healthcare industry, has acquired the home healthcare assets of Health Systems Solutions, Inc. (”HSS”).
Harold S. Blue, CEO of Sandata said, “The combination of Sandata and HSS creates the strongest and most robust technology company in the home healthcare industry. Sandata is pleased to add HSS products and services to our numerous technology offerings. With this addition we are the leading technology company in the home healthcare industry servicing Medicare-certified, Medicaid and Private Duty home healthcare care agencies in addition to state payors and managed care organizations. Sandata is also delighted to add the HSS home healthcare team of professionals to our group of dedicated associates; they will bring deep knowledge of home healthcare and broad relationships with many leaders in the industry.”
This transaction will significantly enhance Sandata’s already robust product lines with several new products and services, including:
- Advantage - a suite of web-based, integrated applications designed to facilitate the clinical, financial and operational aspects of Medicare agencies
- Clinical PDA - Point-of-Care “Smart Phone” applications that enable the real-time capture of clinical information, real-time data transmissions and improved communication among care team members
- Analyzer - decision support tools that enable home healthcare agencies to manage Medicare PPS episodes on a real-time basis; executive dashboard provides instant desktop access to key statistics and metrics
- Performance Advisors - a specialized healthcare consulting service that helps agencies understand and improve outcomes by capturing and benchmarking key data to reveal opportunities to improve quality of care, financial performance and business operations
- Vivid - a set of hosted, enterprise and IVR telephony products for Medicaid/Private duty agencies, which integrate client and caregiver profiles, scheduling, billing and payroll into a single, comprehensive tool
- Precise TraxTM - a sophisticated GPS tracking application for mobile devices, which can be used to pinpoint the location of field staff in any urban, suburban or rural environment; Sandata will utilize Precise TraxTM under an exclusive license agreement
Stan Vashovsky, CEO of HSS, stated, “The decision to sell HSS’ Home Healthcare business to Sandata was driven by our desire to offer our clients and our employees a chance to be part of the undisputed technology leader in the Home Healthcare industry. With the added benefit of Sandata’s engineering resources, financial strength, and reputation for delivering the highest customer satisfaction, we know that no one in the industry will be able to match the technological sophistication and depth of product functionality and services that will be available from Sandata. HSS’ corporate management team will continue to work closely with Sandata as part of a Transition Services Agreement and has entered into a long-term strategic relationship with Sandata for Sandata to exclusively distribute our advanced tracking and location-based technology tools such as Precise TraxTM.”
Bert E. Brodsky, Chairman of Sandata added, “We commend Stan and his team for their outstanding work in seeing HSS through a challenging period and building it into the world-class company it is today. We look forward to working with the dedicated people who have been highly devoted to the company and its products, and serving their customers historically and for many years into the future.”
Sandata will add 38 HSS associates to its existing team of more than 160 and increase its customer base by approximately 200, bringing Sandata’s total base to more than 1,500 customers nationwide. Utilizing HSS’ solutions augments Sandata’s strategic Medicare-certified offering, allowing Sandata to service any provider or payor in the market place.
About Sandata, LLC
Sandata provides a complete package of information technology solutions, which includes scheduling, time and attendance, billing, payroll, compliance and clinical applications, for the home healthcare industry. Sandata’s suite of products includes Santrax, the market leading time and attendance product, web-based software solutions, voice biometrics to perform speaker verification, and a jurisdictional view dashboard solution for states, municipalities and the home healthcare agency market.
Sandata’s solutions enable home healthcare agencies, whether Medicare, Medicaid or Private Duty, government or managed care payors as well as any organization with a remote workforce to realize administrative cost savings, streamlined operational procedures, and significantly reduced paperwork burdens. Sandata has over 1,500 customers in 47 states using its products in more than 300,000 homes on a daily basis, and processes over 100 million telephone calls annually. Four data centers are strategically located across the country with state-of-the-art redundancy and disaster recovery capabilities. For additional information about Sandata, please visit: www.sandata.com.
Sandata Contact
Ellen Rich
516-484-4400
Stripes Contact
Akshay Bhandari
Akshay@stripesgroup.com
212-823-0732
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