Streamline Health Solutions, Inc., a leading provider of knowledge management solutions for healthcare providers, today announced the company has signed a definitive agreement to acquire St. Louis-based Unibased Systems Architecture, Inc. (Unibased), a leading provider of patient access solutions. Unibased provides health information technology solutions including enterprise scheduling and surgery management software for leading healthcare organizations throughout the United States. The closing of the acquisition, expected to occur in early February 2014, is subject to the satisfaction of various customary closing conditions, including approval by Unibased's stockholders.
The enterprise scheduling solution from Unibased, ForSite2020® Resource Management System (RMS), has been named "Best in KLAS" for ten years in a row (2003-2012 Best in KLAS Awards: Software & Services, December 2012). The solution enables coordination of resources with embedded enterprise master patient indexing (EMPI) to improve patient access with front-end revenue cycle processes. The scheduling software is a proactive solution that gives healthcare providers the ability to review potential risk factors for patients before their engagement begins, and arms them with knowledge to improve patient care.
In addition, Unibased's surgery management solution, ForSite2020® periOperative Resource Management System (ORMS), was rated "Best in KLAS"eight years in a row (2003-2010). The solution helps coordinate perioperative scheduling, care planning, documentation, and anesthesia integration. By eliminating manual processes and seamlessly connecting resources and information, the solution allows providers to focus on patient care, while transforming a surgery department into a cost-effective care delivery operation.
"Unibased's technology does an excellent job of organizing complex information, enabling them to deliver proactive solutions rather than reactive corrections for healthcare providers," said Robert E. Watson, President and Chief Executive Officer, Streamline Health. "Their scheduling software bridges clinical and financial data earlier in the patient experience, providing a head start on coding and health information management processes and even pre-service collection efforts."
"We are excited to add our enterprise scheduling and surgery management solutions to the growing suite of solutions offered by Streamline Health," said Lawrence V. Covington, President and Chief Executive Officer, Unibased Systems Architecture. "We believe that with Streamline's well established reputation and experienced management team our top-rated solutions will be well received by a new and expanded audience."