HEALTHCAREfirst Acquires Deyta
HEALTHCAREfirst, a leading provider of Software-as-a-Service ("SaaS") solutions and services to home health and hospice agencies nationwide, has acquired Deyta, a data analytics and patient satisfaction solutions business serving the hospice and home health markets. In this latest move to further establish its position as the premier data analytics provider in the industry, HEALTHCAREfirst plans to leverage the combined company's collective analytics capabilities to offer home health and hospice providers valuable insight into financial, operational, clinical, and patient satisfaction data.
Since 1992, HEALTHCAREfirst has provided SaaS solutions and services exclusively to the home health care and hospice industries featuring the firstHOMECARE and firstHOSPICE solutions on its signature, web-based SaaS platform. The company also delivers web-based business intelligence analytics, ICD 9/10 outsourced coding services, outsourced billing services and more that streamline and advance operations and care for agencies of all sizes nationwide.
Based in Louisville, KY, Deyta is a recognized leader in satisfaction and clinical quality measurement for home health and hospice. Decision support and business intelligence combined with the largest industry benchmarks for Hospice CAHPS and HHCAHPS provide key market data to enable agencies to improve patient care and their overall operations and profitability.
“In today’s world of payment pressures and constant regulatory scrutiny, leveraging data is a necessity to improve operations, to improve patient & family satisfaction, to improve reimbursements and to minimize risks of audit issues. We are thrilled to bring these two companies together to create the industry’s strongest and most complete data analytics solution,” says HEALTHCAREfirst President and CEO Bobby Robertson.
“While this clearly places our combined analytics offering in the lead position within the home health and hospice industry, we are eager to work with our combined customer base of thousands of agencies to drive their businesses forward, profitably, to the benefit of their patients and healthcare partners,” says Kevin Porter, President and CEO of Deyta.
Pamlico Capital is a private equity firm founded in 1988 that invests in growing middle market companies in North America. Pamlico Capital seeks control-oriented growth equity investments of up to $200 million alongside founders and proven leaders in its target industries: business & technology services, communications, and healthcare. The firm, based in Charlotte, NC, has assets under management of approximately $4 billion. For additional information, please visit www.pamlicocapital.com.