KANSAS CITY, Mo. — Cerner Corp. has announced it has reached an agreement to acquire New Concord-based Resource Systems, developer of the “CareTracker” point-of-care electronic documentation system.
CareTracker is currently utilized by more than 3,000 organizations, primarily within skilled nursing and assisted living facilities.
“We are enthusiastic about what this means to our company and our employees,” said Greg Adams, CEO and co-founder of Resource Systems. “It is a milestone for our organization.
“We have a rich tradition of using innovative technology to help people in long term care facilities across the country. This new effort with Cerner will allow us to combine some of the extensive resources and technology from Cerner’s offerings for hospitals and physician offices to create powerful solutions across a broader continuum of care.”
Adams, incidentally, also is mayor of the Village of New Concord.
Resource Systems’ solutions are complementary to Cerner’s current long-term care offerings, allowing the company to offer enhanced value through improved reimbursement and better resident care to clients in the long-term care marketplace.
According to the American Health Care Association, there are currently more than 15,000 long-term care facilities in the United States, and this number is expected to increase significantly as the population ages.
“Long-term care services are performed in a variety of post-acute settings, ranging from skilled nursing facilities to managing a person’s health in their home to end of life hospice services,” said John Landis, Cerner senior vice president.
“With this acquisition, Cerner is solidifying its commitment in the post-acute marketplace while immediately aligning with a strong long-term care client base. These organizations often extend their reach across multiple post-acute venues and want to consolidate their resident health information into a single electronic health record.
“Cerner is now uniquely positioned to deliver that solution,” added Landis.
Resource Systems’ flagship solution, CareTracker, enables caregivers in long-term care facilities to electronically record resident care activities, including electronic documentation of activities of daily living (ADLs), a component of MDS 3.0 reporting which has historically been challenging to document.
By capturing the information electronically, caregivers are able to increase the accuracy of resident assessments, and more easily identify residents experiencing a decline in health or those that are at risk for certain conditions. Resource Systems also provides an MDS optimization system for skilled nursing facilities, “MDS Director,” which will be integral to the combined solution.
“Cerner and Resource Systems share a common view of the value of empowering clinicians to provide better, more accurate care,” said Larry Triplett, president and co-founder of Resource Systems.
“Cerner’s resources and dedication to improving health opens the door for us to create additional solutions that enable clinicians to identify and treat resident health issues before they become problems.”
The acquisition is anticipated to close in May and is not expected to have a material impact on Cerner’s 2011 financial results. Triplett will join Cerner and help lead its growth in the long-term care market.
Privately held since its founding in 1980, Resource Systems has more than 3,000 CareTracker clients throughout the nation. www.resourcesystems.net.
“Since our company’s inception 30 years ago, we have developed an entrepreneurial culture of innovative thinking,” said Adams. “We feel fortunate that Resource associates are dedicated and focused, resulting in the agile development of systems that truly can improve the quality of life for residents in our client’s facilities.”
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