InfoLogix, Inc., a vendor of enterprise mobility solutions for the healthcare and commercial industries, has acquired specialty consulting firm Delta Health Systems, Inc., a vendor focused on strategic cost management for hospitals across North America.
InfoLogix officials say the company has acquired substantially all the assets of Delta Health Systems, including Delta's proprietary on-demand Executive Information System for strategic cost management and productivity in hospitals.
InfoLogix expects the acquisition to be accretive to 2008 earnings.
Based in Palm Beach Gardens, Fla., Delta Health Systems has more than 30 years of experience in addressing the financial well-being and service levels of community hospitals, healthcare systems and academic medical centers. Clients include the Baylor Health Care System, OhioHealth, Wellmont Health System, North Mississippi Health Services and Valley Baptist Health System.
"The addition of Delta enables InfoLogix to further partner alongside the healthcare executive suite. Delta has strong relationships with healthcare CEOs and CFOs, which complements InfoLogix's relationships with healthcare CIOs and technology executives," says David Gulian, president and CEO of InfoLogix. "The majority of Delta engagements involve resource management recommendations that our InfoLogix Healthcare Informatics Associates consulting team can readily execute and deliver. Together with our core healthcare mobility expertise, this acquisition allows us to better provide holistic solutions across the healthcare organization."
According to analysts' estimates the healthcare consulting marketplace is projected to exceed $30 billion by 2010.
In addition to offering consulting services, Delta's Web-based MRS-Web software provides hospital management with an on-demand tool for continuous monitoring of cost management performance metrics, including insight on specific operational targets such as cost and quality, designed to improve operations and impact bottom-line financial performance.
"We are excited to be joining the InfoLogix team, as we believe that Delta's services are highly complementary to the services that InfoLogix provides," said Michael D. Talerico, principal of Delta Health Systems.
"Research shows that as little as 40 percent of nursing time is spent on providing patient care, and over the course of 300 engagements, we have proven that implementing a Delta strategic cost management program vastly improves this percentage," he said. "Together with the systems consulting and mobility services that InfoLogix provides, we look forward to helping hospitals take their Strategic Cost Management programs to the next level-with a powerful, holistic approach to improving resource management and financial performance throughout the organization."