Workforce management firm API Healthcare announced Wednesday that it has acquired Concerro, a provider of Software-as-a-Service staffing and scheduling systems such as online scheduling, open shift management, patient acuity and emergency preparedness solutions for healthcare.
The acquisition enables API Healthcare to significantly increase its ability to deliver workforce management solutions across the healthcare community, including critical access hospitals, home health, retail clinics and long-term care facilities, the company stated in a press release.
“Concerro’s products and client base are the perfect complement to API Healthcare’s existing solutions and markets,” said J.P. Fingado, president and CEO, API Healthcare, in a statement. “Working together we will reinforce our mutual commitment to innovation and dedication to the healthcare industry.”
“We are committed to improving quality and performance for our more than 1,300 health system client installations through broad workforce technology,” said Patrick Pomroy, vice president of corporate development, API Healthcare, in a statement. “The team at Concerro has done a great job of creating solutions that help fulfill these same goals for their client base. With the synergies created by this acquisition, all types of healthcare organizations will have access to innovative technology designed specifically to meet their unique workforce management needs.”
API Healthcare headquarters will remain in Hartford, Wis. and the San Diego office will be a key business center for the corporation.
Wells Fargo Securities, LLC acted as financial advisor to API Healthcare.
[See also: API Healthcare’s new focus is on labor management]