US-based MedeAnalytics announced that it has acquired healthcare enterprise performance management (EPM) solutions provider, OnFocus Healthcare.
Terms of the transaction have not been disclosed.
OnFocus offers EPM software, which helps healthcare providers to link their business intelligence with current strategies, key performance metrics and dynamic action plans.
MedeAnalytics chairman and CEO Andrew Hurd said: "The acquisition of OnFocus Healthcare broadens the MedeAnalytics product portfolio into a key area for our customers’ enterprise performance management.
"Providers and health plans will now be able to leverage the crucial insights from MedeAnalytics to create robust action plans aimed at driving results across hundreds of employees, facilities, departments and clinical settings."
The deal allows the integration of OnFocus’ embedded action planning, progress tracking and performance management functionality with existing MedeAnalytics solutions.
The new integrated offering will help customers to track and maintain initiatives across hospitals and health systems in one centralized location, as well as identify and address delays and negative performance variances before they become a problem, said MedeAnalytics.
Currently, OnFocus provides services to around 300 healthcare provider organizations.