PointClickCare, a digital collaboration and insights company, announced its plans to buy healthcare IT company Audacious Inquiry for an undisclosed sum.
Audacious Inquiry offers a range of services focused on care coordination. The Encounter Notification Service helps notify care teams when a patient is admitted to or discharged from the hospital. The software offering also includes Proactive Management Patient Transitions software that helps care teams manage patient transitions through a web-based application.
The Archer service makes all related hospital information available to the patient’s individual physician.
It also has software specifically for crisis situations. Its “Secure Access to Patient Health Information for Emergency Responders” helps collect patient data and medical histories from national health information networks.
Audacious Inquiry promotes a number of well-known partners including CMS, ONC, CDC and regional health information exchanges.
WHY IT MATTERS
Both PointClickCare and Audacious Inquiry work in value-based care as well as tools to coordinate post-acute care. PointClickCare plans to use Audacious Inquiry’s tools to expand its value-based capabilities.
“We are excited to welcome Audacious Inquiry to the PointClickCare community as we build on our proven track record of solving complex healthcare problems. This acquisition will allow PointClickCare to expand the reach of our solutions by adding Audacious Inquiry’s strong products and network of relationships. The shift to value-based care is fueling growing market demand for intelligent and collaborative tools,” Dave Wessinger, CEO of PointClickCare, said in a statement.
THE BIGGER TREND
This is not PointClickCare’s first M&A. In 2020, the company announced its plans to purchase a cross-continuum coordination platformcollective medicine. In 2019, the company also purchased QuickMar, an acute care management company.
According to Crunchbasethe company has a total of US$230 million in funding.