Dive Brief:
- Medsphere Systems, a hospital EHR developer, announced Tuesday it is merging with ChartLogic in an effort to expands Medsphere’s IT products and services, which will now include ChartLogic’s ambulatory EHR, practice management, and medical billing technology.
- ChartLogic, which uses speech recognition and templates for charting that can speed up completing a unique patient record to 90 seconds or less, will operate as a division of Medsphere.
- The deal is expected to close today, according to the press release.
Dive Insight:
ChartLogic EHR also includes a library of specialty-oriented vocabularies, templates, macros, among other customization tools.
In 2010, ChartLogic became the first EHR in the U.S. to meet Stage 1 meaningful use (MU) requirements. The system is now certified for Stage 2 and the ChartLogic team says its "actively working toward meeting Stage 3 standards."
“With this merger of Medsphere and ChartLogic, we’re creating a comprehensive healthcare IT platform that extends from physician practices to acute care hospitals and inpatient behavioral health facilities, ensuring continuity of care and patient information,” Medsphere President and CEO Irv Lichtenwald said in a prepared statement. “And we’re doing it affordably so clinics and hospitals can manage their IT and improve care without going deeply into debt, as is often the case with similarly comprehensive systems."
Medsphere acquired Cleveland-based MBS/Net in February which also provides ambulatory health IT systems, as noted by Modern Healthcare.