Achieve merges with Patient Technologies. (Market Watch).Achieve Healthcare Information Systems changed its name to Achieve Healthcare Technologies following its merger with Patient Technologies Inc. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. company officials, the merger is part of Achieve's efforts to provide technology that meets the unique and ever-changing needs of the long term care industry. Financial terms of the merger were not disclosed. The new company's objective is to establish itself as an industry leader in innovative and meaningful new products and services, according to Achieve Healthcare Technologies President Rich Giddings. Eden Prairie Eden Prairie A city of eastern Minnesota, a residential suburb of Minneapolis. Population: 57,300. , Minn.-based Achieve Healthcare Information Systems was the largest privately held information systems provider in the industry. Patient Technologies Inc. is an application services See ASP and Web services. provider and software developer with considerable background in long term care based in Dallas. The merger emphasizes Achieve Healthcare's objective of offering complete information systems, products and services for the long term care industry that will enhance facilities' ability to operate despite the challenges of today's increased regulatory environment, complex reimbursement Reimbursement Payment made to someone for out-of-pocket expenses has incurred. procedures, liability issues and weak labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience , according to Giddings. |
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