Yardi announced the acquisition of ALMSA Corporation, a provider of electronic health records (EHR) and medication administration records software and services for assisted living and long term care communities.
ALMSA’s platform includes assessment and care planning, financial analysis and risk mitigation. The company’s eMAR solution features interfaces that streamline communication between communities and national and regional pharmacies.
“Integration between Yardi and ALMSA’s advanced bi-directional eMAR solution has been in place for several years. With a single-platform solution, users of the Yardi Voyager(TM) Senior Housing suite of products will achieve even greater operational efficiency,” said Eric Kolber, vice president of senior housing for Yardi in a statement.
The combination of the two companies will create the long term care industry’s first end to end web based financial and EHR package said Bill Southerland, CEO and president of ALMSA.
“We will continue the relationships that ALMSA has established with pharmacies across the country that have adopted our eMAR solution. We will also expand with new opportunities,” he said.
ALMSA will maintain all key personnel and its office in Eagle, Idaho.
Terms of the deal were not disclosed.
Written by John Yedinak