Medecision Completes Acquisition of Cerecons

January 29, 2013 09:15 ET
Medecision Completes Acquisition of Cerecons
Connected and Coordinated Solutions for Productive and Profitable Accountable Care
WAYNE, PA--(Marketwire - Jan 29, 2013) - Medecision, the leader in connected care solutions, today announced that it has completed the acquisition of California-based Cerecons, a provider of SaaS care coordination, population management, and quality outcomes/reporting applications to Accountable Care Organizations (ACOs) and other risk-bearing organizations. The integration of the two organizations' capabilities will serve as the foundation for high-performance healthcare networks, in which risk-bearing organizations stand up efficient systems and processes in support of new care delivery and payment models that reward healthcare stakeholders for coordinated, high-quality accountable care. The acquisition results in a care management and coordination entity that supports more than 90 healthcare organizations nationally, helping more than 135,000 physicians and hospitals care for millions of consumers with a set of unparalleled information technology applications, guidance, and services.
For 25 years Medecision has executed against a strategy that standards-based, interoperable care management and coordination solutions are core to helping health plans and health delivery organizations effectively and profitably manage care. The Company has made significant investments in a Service Oriented Architecture (SOA) and web services platform that will enable a new era of great connectivity. Today, Medecision, through its Aerial™ solution, enables the exchange of data between disparate systems in near real time, connecting all stakeholders -- health plans, hospitals, independent physician groups, third party administrators, and consumers -- to liberate the highest quality and most cost-efficient health outcomes.
The acquisition of Cerecons is an extension of this strategy and positions Medecision to offer additional productivity and connectivity to all healthcare stakeholders. Cerecons has an excellent track record of serving progressive ACOs and other organizations with automated business processes and tools to facilitate coordinated care of high-risk populations. Its physician and consumer applications are rapidly implemented in care delivery settings, requiring minimum staff training and quickly delivering efficient population and panel management and quality outcomes reporting.
"It's no secret that our nation's fragmented healthcare system has inefficiencies which undermine accountability and quality," said Deborah M. Gage, president and CEO, Medecision. "Together, Medecision and Cerecons offer an unprecedented platform to power the level of complete information sharing and care coordination needed to transform today's medical management and care delivery silos into tomorrow's high-performing accountable care delivery systems."
"We're thrilled to work alongside such industry leaders and look forward to collectively setting the standard for coordinated accountable care," said Cerecons CEO Philip Paul, who has assumed a role of executive vice president at Medecision.
The complete solution portfolio will be demonstrated and launched at the upcoming HIMSS 2013 conference in New Orleans.
About Medecision
Medecision is the leading provider of connected care technology and services for risk-bearing healthcare organizations including health plans, hospitals, thousands of physicians, and millions of consumers. Working within the framework that patients, care providers, and health plans are all driving towards better health outcomes, Medecision and its Aerial™ solution helps connect all stakeholders to liberate the highest quality and most cost-efficient care.
As more organizations transition to accountable care and delegated risk management, Medecision continually applies its 25 years of experience, its comprehensive technology platforms, significant investments in research and development, and the broadest implementation and clinical expertise to ensure consumers receive the best possible care. With Medecision as a business partner, health plans and care providers confidently manage through market changes, regulatory updates, and new populations, while improving quality and reducing costs.
About Cerecons
Cerecons, newly acquired by Medecision, is a private SaaS-based platform for care coordination and patient engagement that uses community-based electronic health records to deliver clinical decision support at the point-of-care and also gives patients access to their healthcare information. With more than a decade of experience that counts 72 risk-bearing entities currently under contract, 60,000+ primary care physicians and specialists, and 1.5 million consumers, Cerecons' innovative health IT solutions and data integration capabilities are used by leading medical groups and healthcare organizations including health plans, MSOs, IPAs, hospital networks, ACOs, and self-funded employer groups. For more information, visit cerecons.com