IT services and solutions providers emids has acquired Houston-based healthcare information analytics company Encore Health Resources for an undisclosed amount. Emids has a presence in Bengaluru. The acquisition, which was backed by Baird Capital and Council Capital, will allow both companies to widen their client base in India.
Following the acquisition, Encore will operate as a business unit of Tennessee-based of emids. On the other hand, emids will use Encore’s existing infrastructure to generate accurate clinical and financial data for healthcare organisations.
Commenting on the development, CEO of Encore Tom Niehaus said, “We have a similar culture that focusses on helping customers succeed and prioritising the professional development of people in our organisation.”
The partnership, according to an emids’ spokesperson, will add 200 new consultants to the company’s existing team of 1,500. Apart from its Tennessee headquarters and a presence in India, emids will be extending operations to London in the UK and Dallas in the US. Post-acquisition, the enterprise looks to expand its portfolio of services to include 50 new healthcare-based analytics systems.
Founded by Dana Sellers and Ivo Nelson, Encore assists providers in planning, implementing, managing, and optimising clinical as well as business-oriented systems. Aimed at improving the quality, cost, and efficiency of patient care, Encore relies on the latest IT technologies to provide reporting services to clients.
As explained by Niehaus, the company offers advisory services pertaining to the alignment, implementation, mining, application, and analysis of clinical data. Encore strives to enhance performance of healthtech systems through proven methodologies and proprietary tools. Founder Dana Sellers will also be joining emids’ Board of Director