Cerner – CERN – To Acquire Anasazi Software, Inc.
Nasdaq:CERN) announced it has reached an agreement to acquire Anasazi Software, Inc., a leading provider of innovative behavioral health technology since 1989.
The combination of Cerner Millennium®, including in-patient behavioral health, and Anasazi’s community behavioral health solutions will create the most comprehensive offering in the market. Cerner Anasazi will allow behavioral health providers access to data that can be utilized in an actionable, meaningful way that will aid in the transitions of care.
“Improving the coordination of care across the health care continuum is critical to driving systemic improvement, bending the cost curve and delivering better outcomes,” said Jeff Townsend, Cerner Executive Vice President and Chief of Staff. “Building on Cerner’s strength in using predictive modeling to drive improvements in care, this acquisition will set a new bar for the use of technology to improve care outcomes in the behavioral health market place.”
A leader in providing healthcare technology to the behavioral healthcare market for more than 20 years, Anasazi offers a wide-ranging solution line designed to provide an all-inclusive, streamlined approach to behavioral health care while also optimizing outcomes and reducing cost. Anasazi’s suite of solutions include a full electronic medical record, managed care solution, practice management/billing, cost accounting, and e-prescribing systems as well as fiscal, human resource, assessment, treatment planning and progress noting components.
“Cerner’s long-standing expertise in health information technology across all venues of care will open up many new possibilities to make our products even stronger than they are today. For our customer base, this has the potential to bring new innovations to the behavioral health market place much faster than before,” said Mike Morris, Anasazi co-founder and CEO.
The acquisition is anticipated to close in November 2012 and is not expected to have a material impact on Cerner’s 2012 financial results.
About Cerner – CERN
Cerner (CERN) is contributing to the systemic change of health and care delivery. For more than 30 years CERN has been executing its vision to make health care safer and more efficient. CERN started with the foundation of digitizing paper processes and now offer the most comprehensive array of information software, professional services, medical device integration, remote hosting and employer health and wellness services.
About Anasazi Software, Inc.
The emergence of Anasazi Software as a leader in behavioral healthcare technology began with a demand in the industry for a fresh new system with a bold new way of involving their customers in the evolution of their product. In 1989, Anasazi Software was created specifically to meet a Texas community mental health center’s need for a comprehensive billing system, as well as providing fiscal and human resource components. While there were plenty of products on the market to fill this need, this center was looking for a partner that could construct a new method of working hand in hand with their customers, providing the customers not only the voice in development, but the funds to do it. This concept, spawned more than two decades ago, is still very much at the heart of Anasazi’s User Groups.
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Post Written By: Ed Liston
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.
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