Medsphere Systems, maker of the OpenVista electronic health record, and MBS/Net have merged, adding physician practice services and proprietary applications to Medsphere’s existing healthcare IT tools and services for acute and inpatient behavioral health settings.
Financial terms of the deal were not disclosed, but officials said MBS/Net will retain its name and operate as a division of Medsphere.
Medsphere’s OpenVista EHR is derived from the VistA system developed by the U.S. Department of Veterans Affairs and the Indian Health Service.
[Also: Health Partners New England taps Medsphere for behavioral health]
The addition of Cleveland-based MBS/Net expands Medsphere’s products and services to include an ambulatory physician suite of products that includes a physician practice management system, ambulatory EHR, document management system and a scheduling app. It also includes the company’s outsourced revenue cycle management and practice hardware management services, officials say.
The Medsphere-MBS/Net merger follows the March 2015 merger of Medsphere and Phoenix Health Systems, which provides a range of healthcare IT services, including systems implementation, compliance project management and more.
MBS/Net’s products and services coupled with Medsphere’s OpenVista platform will further interoperability between Medsphere’s hospital clients and their affiliated physician communities, Medsphere President and CEO Irv Lichtenwald said in a statement.
“We’ve seen the benefits the practice management and revenue cycle solutions have created for MBS/Net clients, in some instances boosting individual practice revenue by more than 100 percent,” he said. “The focus of MBS/Net solutions on physician practices and the recent addition of Phoenix Health Systems’ consulting and services enables Medsphere to meet the needs of providers across the spectrum of healthcare.”
