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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 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, Minn.-based Achieve Healthcare Information Systems was the largest privately held information systems provider in the industry. Patient Technologies Inc. is an application 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 procedures, liability issues and weak labor market, according to Giddings.
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Author:Pagan, Joyce
Publication:Contemporary Long Term Care
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 1, 2002
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