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Forerun Acquires EmergisoftCombination to Create a Leading Service Provider for Emergency Department Clinical Documentation and Information Needs (December 01, 2011)
BOSTON, MA and ARLINGTON, TX -- (Marketwire) -- 12/01/11 -- Emergisoft and Forerun, Inc., providers of clinical information management and workflow solutions for emergency departments, today announced that they have entered into an agreement pursuant to which Forerun has acquired substantially all of the assets of Emergisoft, including customer contracts, product rights, software and services, and other property rights of the Emergisoft business. The transaction is a strategic acquisition of complementary business in the emergency department information technology market.
"The acquisition brings together the best employees, customers and technology in a broad array of clinical documentation, information management and related productivity solutions and represents a major step forward in growing our presence in the dynamic emergency department information technology marketplace," said Ken Wolfe, Forerun's Chief Executive Officer. The newly combined solution portfolio will include a comprehensive Emergency Department Information Solution (EDIS), Forerun's state-of-the-art ergonomically advanced ED physician documentation and workflow platform, FlexChart, and a Maritime Electronic Health record (EHR). "Forerun has enjoyed a great deal of early success with FlexChart, our flagship physician documentation product, and we look forward to leveraging that success to further enhance the physician documentation experience of the Emergisoft customers," added Wolfe.
"We are very pleased with this significant positive move toward successfully combining these two great companies," said Wolfe. "Forerun and Emergisoft have strong histories of innovation in clinical information technology for emergency departments with experienced employees and engaged customers. The combined knowledge, experience, and resources of our two companies will enable us to innovate more rapidly and provide our customers with improved and cost-effective solutions to meet the growing workflow and productivity challenges they face. Forerun will continue to focus on aggressively promoting its advanced clinical documentation platform, FlexChart to complement both enterprise and departmental EDIS strategies as well as further enhance the user experience of the Emergisoft customers." The FlexChart application was designed by ED physicians to address the clear market need for an affordable and efficient electronic ED physician documentation solution and has been adopted by numerous hospital emergency departments throughout the US.
Jordan Davis, Emergisoft Chief Executive Officer, added, "We are proud of what we have built at Emergisoft, including the solutions we deliver, the intimate partnerships we have with our customers and the excellent reputation we have in the marketplace. This transaction with Forerun validates the strength of the robust technology platform we have built. We look forward to joining forces to integrate with Forerun's advanced clinical documentation tools that will improve the speed and effectiveness of the delivery of care while ensuring our customers maintain compliance with the growing number of regulatory and payer requirements."
Ken Wolfe will remain as the CEO of the combined company. Jordan Davis will assume responsibility of the company's commercial operation as the Vice President of Sales. Godson Menezes, CTO of Emergisoft, will join Forerun as Director of Operations reporting to Anthony Pilozzi, VP of Operations. The Emergisoft facility, located in Arlington, Texas, will remain operational as a regional development, operation and a customer support center while the corporate headquarters for the combined company will be located in Waltham, MA.
Forerun, Inc. is a leading innovator in electronic clinical documentation and in real-time workflow management solutions for hospital emergency departments. Forerun ED was developed by physicians, for physicians, to enable emergency department caregivers to accelerate the documentation of patient care during the busiest of times, while enhancing patient safety and the quality of care. Core functionality includes electronic physician and nurse documentation, discharge processing, patient tracking and quality and business intelligence reporting. Founders include leading emergency medicine practitioners and IT experts associated with Beth Israel Deaconess Medical Center and Harvard Medical School. Forerun is headquartered in Waltham, Massachusetts. For more information about Forerun please visit Forerun, Inc.
Emergisoft, founded in 1990, is a leader in Emergency Department Information Systems (EDIS) providing emergency departments a blend of specialized software tools and clinical expertise to help manage workflow and analyze operations. Emergisoft's industry-leading technology and comprehensive feature set enables more efficient team-based care while creating a highly personalized user experience.
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