MERGERS & ACQUISITIONS
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Irvine-based Quality Systems acquires Opus Healthcare
Deal meets growing needs in rural, community hospitals.
By Carol StarcevicPublished: February 12, 2010 12:24 PM
Irvine-based Quality Systems Inc. is acquiring Opus Healthcare Solutions in a deal that will be merged with the assets of Sphere Health Systems. The clinical software provider acquired the firm in 2009. The financial terms of the transaction were not disclosed.
Both Texas-based Opus and Sphere are developers of software and services for the inpatient market, and will become part of Quality Systems' wholly owned subsidiary, NextGen Healthcare Information Systems.
NextGen Healthcare will focus on providing solutions to rural or community hospitals with 100 beds or less, a marketplace that has been underserved and is in acute need of state-of-the-art systems.
“Combining the assets of Opus and Sphere will allow NextGen Healthcare to provide an integrated clinical and financial solution that is unmatched in terms of functionality," says Quality Systems CEO Philip Kaplan.
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Both Texas-based Opus and Sphere are developers of software and services for the inpatient market, and will become part of Quality Systems' wholly owned subsidiary, NextGen Healthcare Information Systems. NextGen Healthcare will focus on providing solutions to rural or community hospitals with 100 beds or less, a marketplace that has been underserved and is in acute need of state-of-the-art systems. “Combining the assets of Opus and Sphere will allow NextGen Healthcare to provide an integrated clinical and financial solution that is unmatched in terms of functionality," says Quality Systems CEO Philip Kaplan. NEXT PAGE >> Related headlines Santa Ana's Ingram Micro teams with NextGen Healthcare PSKW & Associates buys Irvine-based Triax Media Irvine's Toshiba America launches new multifunction product line Tustin's Toshiba gets FDA nod |
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