Medworxx Solutions Inc. sold to Aptean Inc.
October 21, 2015
TORONTO – Medworxx Solutions Inc., announced that it has been acquired by Aptean Inc., of Atlanta, at a cost of $15.9 million (Cdn). With the acquisition, Aptean also announced its entrance into the healthcare industry.
Medworxx is a leading provider of clinical patient flow, compliance and education solutions to more than 350 hospitals internationally, including Canada, France, the United States and the United Kingdom.
“Aptean is pleased to welcome Medworxx to our suite of solutions, extending our enterprise software expertise to the healthcare sector,” said Kim Eaton, Aptean CEO. “The mission-critical software Medworxx provides to hospitals fits well with our strategy of providing our customers with vertically focused, valuable, and trusted technology solutions.
“We look forward to continuing to provide exceptional support to Medworxx’s existing customer base, and helping Medworxx advance their growth and expansion into international markets with the support of Aptean’s extensive global capabilities, partner network, and software experience.”
Medworxx’s flagship product, Patient Flow, focuses on helping hospitals meet their bed utilization challenges, by providing a standardized, evidenced-based clinical criteria solution to improve patient experience while reducing wait times and length of stay.
Software-enabled patient assessments conducted daily, in less than two minutes, help ensure that patients are receiving the right care at the right time in the right place. The Patient Flow platform includes three operational solutions (Clinical Criteria, Forms and Assessments, Bed Management) which work together to provide real-time analytics that assist with addressing patient throughput and capacity management challenges.
Medworxx also provides hospitals with learning management and document management tools to help support healthcare requirements in compliance and education.
“Aptean’s strong operational efficiencies and deep understanding of delivering superior enterprise software solutions will enable us to accelerate our continuing efforts to advance our growth internationally,” said Dan Matlow (pictured), Medworxx president and CEO. “Leveraging Aptean’s strengths gives us the vital resources we need to evolve strategically and bring key innovations to our products and services, enhancing our ability to help our customers achieve their goals and objectives.”
Aptean is a leading provider of industry-focused mission critical enterprise software solutions. The company builds and acquires solutions to support the evolving operational needs of customers. Aptean’s solutions help nearly 5,000 organizations stay at the forefront of their industries by satisfying their customers and continuing to operate more efficiently. For more information, visit www.aptean.com.