Netsmart Advances Substance Use Disorder Solution Offerings Through Acquisition of Netalytics

Netsmart today announced the acquisition of Netalytics, a South Carolina-based addiction treatment software and practice management company, dedicated to developing technology for substance use disorder (SUD) providers focused on opioid addiction treatment. This acquisition will further extend the Netsmart CareFabric platform by enabling interoperable data sharing between opioid treatment program (OTP) facilities and the providers that treat and coordinate other types of care for individuals with SUD. “Now more than ever it is critical to integrate Netalytics clients’ SUD treatment and recovery facilities and their individuals receiving care within our national network of human services, post-acute care, and community-based clients,” said Netsmart CEO, Mike Valentine. “To achieve true integrated care and parity between behavioral and physical health, it is essential for providers to leverage technology enabling seamless exchange and integration of healthcare information, ultimately with the goal to deliver better outcomes for individuals with a substance use disorder. We look forward to working alongside the Netalytics team to equip human services providers with the tools and technology to enable them to combat the growing opioid crisis and deliver care to the nation’s most vulnerable populations.” Netalytics was founded in 1995 by building a custom methadone software application for one clinic in Georgia and has grown by partnering with physicians and addiction...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Health IT Acquisitions Healthcare M&A Houlihan Lokey Mark Essex Mike Valentine Netalytics Netsmart Netsmart CareFabric Source Type: blogs