Netsmart Acquires TheraOffice

OVERLAND PARK, Kan. (April 21, 2022)—Netsmart announces the addition of TheraOffice, an industry-leading practice management platform for physical therapy and rehabilitation practices to the Netsmart portfolio. This addition expands the Netsmart CareFabric platform to deliver workflows for therapy providers to better connect to all venues of healthcare.

“Therapies are delivered in coordination with the continuum of provider markets Netsmart has historically supported,” said Netsmart CEO Mike Valentine. “We have had intentions to expand into this adjacent market for over a decade now. This is all a part of a long view strategy of more closely integrating the community-based providers to ultimately improve clinical outcomes and provide a more seamless patient experience. We are thrilled to add a market leader for physical therapy and rehabilitation solutions and truly value the expertise and knowledge the TheraOffice team is bringing to Netsmart.”

As health care continues to transition outside of the hospital setting and into the community, a dedicated physical therapy and rehabilitation solution empowers individuals to reach their goals and improve their quality of life. Rehabilitation impacts all of the community-based care settings Netsmart serves including home health, intellectual and developmental disabilities, inpatient rehabilitation facilities (IRFs), long-term acute care (LTAC) and more. Furthermore, the addition of outpatient rehabilitation services will help bridge the gap across the continuum of care connecting healthcare providers to the individuals in the communities they serve.

“We believe there is extreme value in a platform that was built by a physical therapist for physical therapists, and we look forward to combining our efforts with the TheraOffice team to enhance the solution with new innovations to meet the evolving needs of today’s therapists and rehabilitation professionals,” notes Valentine. “The TheraOffice solution will benefit greatly through the integration with our CareFabric platform—which will give TheraOffice clients access to key capabilities like interoperability, patient engagement, robust analytics and telehealth.”

TheraOffice was established in 2001 by Dan Morrill, a practicing physical therapist and Ryan Havlick, a technology and software developer; two co-founders committed to improving the physical therapy clinic experience and simplifying the complexities of the practice management process. The TheraOffice electronic health record (EHR) platform and practice management software creates efficiencies that reduce documentation time on average by 80%.

“It was very important for TheraOffice to find a health care software and services partner that could help accelerate our roadmap to offer clients more features and solutions to support and promote their practices in the everchanging world of health care,” said TheraOffice CEO and Co-Founder Dan Morrill, PT, DPT. “We are extremely excited to join the Netsmart community and look forward to introducing the rehabilitation space to the Netsmart cause connected approach to delivering solutions and services to support their practices.”

Visit ntst.com for more information.