OVERLAND PARK, Kan. (October 19, 2020)—WellSky, a global health and community care technology company, announced that it has entered into a definitive agreement with Allscripts to acquire CarePort Health (CarePort), a care coordination software company that connects acute and post-acute providers and payers.
WellSky and CarePort will facilitate effective patient care transitions across the continuum—driving better outcomes for patients, providers and payers. With the addition of CarePort, WellSky is uniquely positioned to manage the acute care discharge process, track patients across post-acute care settings, apply patient and population level analytics, and support EMR-based care protocols.
“Together with CarePort, WellSky will establish new, meaningful connections between historically disparate settings of care. We have the exciting opportunity to bring care coordination to more providers in service of delivering more informed, personalized care,” said Bill Miller, CEO of WellSky. “Through this agreement, we’re ensuring our clients have the intelligent technology they need to do right by their patients, collaborate with payers, and succeed in value-based care models. It’s WellSky’s mission to realize care’s potential, and this moves us that much closer to achieving it.”
CarePort’s EHR-agnostic suite of solutions connects the discharge process with post-discharge care coordination—allowing providers and payers to track and manage patients throughout their care journey. By providing end-to-end visibility across the continuum, WellSky and CarePort can improve outcomes, lower costs and increase patient satisfaction.
“As part of the WellSky team, we will be able to accelerate our mission to connect providers across the continuum. Both of our organizations are aligned in our dedication to proactively bridging gaps in care. Together, we have the technology, analytics, and network to ensure that patients receive seamless care,” said Dr. Lissy Hu, CEO of CarePort. “Joining WellSky means that we can increase vital connections between acute, post-acute, and community care providers to make a meaningful difference in the lives of more patients in more places.”
With WellSky’s experience in post-acute care and CarePort’s suite of care coordination solutions, this combination is a natural fit. CarePort clients will gain access to a broader network of post-acute providers and can leverage WellSky's powerful predictive analytics suite, and leading value-based care technologies. This combination of capabilities will enable health systems, payers, and post-acute providers to more effectively collaborate in a data-driven way and enhance patient outcomes.
“WellSky is a great company that will provide both an ideal and permanent home for CarePort and its more than 200 team members,” said Rick Poulton, Allscripts President and Chief Financial Officer. “This agreement is another all-around win for Allscripts as it unlocks significant value for our shareholders, enables us to increase our focus on our core business, and brings our CarePort customers the benefit of continued investment under new and very strong ownership.”
The transaction is subject to customary closing conditions and is expected to close before the end of 2020.
Visit wellsky.com for more information.