LOUISVILLE, Ky. & OVERLAND PARK, Kan.–Kindred Healthcare, LLC (“Kindred”) and Netsmart today announced a partnership to create a unique, technology-driven clinical platform that surpasses the traditional boundaries of electronic medical records (“EMRs”) and aligns with the needs of the evolving value-based care environment. Through this partnership, the companies expect to build and support integrated post-acute solutions, improve care outcomes and address gaps in patient care.
Kindred and Netsmart will combine teams from both organizations and utilize the Netsmart portfolio of enterprise solutions. Leveraging these solutions and Kindred’s longstanding experience in long-term acute care (“LTAC”) hospitals, rehabilitation and care management, the partnership will create a clinical platform that meets the distinct requirements of aging services and post-acute care. Together, Kindred and Netsmart expect to rapidly expand the functionality of Kindred’s existing proprietary medical records solutions to address needs in information exchange and care coordination at Kindred’s LTAC hospitals, inpatient rehabilitation hospitals and Lacuna Health, a leading nationwide provider of registered nurse-led care engagement solutions. The combination of teams will begin immediately and expect to start deploying the solutions over the next several months.
“As a leader in the use of EMRs in LTAC hospitals, we recognize the need to adapt as the healthcare industry quickly moves to a value-based care model,” said Benjamin A. Breier, Kindred’s President and Chief Executive Officer. “Netsmart has a proven track record of innovation, experience connecting major acute care hospitals with post-acute services and a shared vision of future healthcare needs. Together, we will have more than 2,500 years of post-acute and software development experience and be well positioned to create a next generation, fully integrated post-acute platform.”
Charlie Wardrip, Kindred’s Chief Information Officer, said, “Kindred is committed to developing clinical, rehabilitation and care management innovations and solutions for the most medically-complex patients. As we combine the resources and expertise of our two organizations, our collaboration with Netsmart will strengthen our ability to provide coordinated, quality-driven patient care across the continuum. We look forward to working with Netsmart to capitalize on this unique opportunity.”
“This partnership advances our objective of developing a clinical platform for providers that are integrated with post-acute care,” said Netsmart CEO Mike Valentine. “These provider organizations require comprehensive platforms built to meet their unique needs, and we look forward to addressing that market opportunity by collaborating with Kindred. This partnership has the potential to advance the entire market and we couldn’t be more excited about the opportunity to work with Kindred in this effort.”
About Kindred Healthcare
Kindred Healthcare, LLC is a healthcare services company based in Louisville, Kentucky with annual revenues of approximately $3.3 billion(1). At September 30, 2018, Kindred through its subsidiaries had approximately 37,400 employees providing healthcare services in 1,894 locations in 45 states, including 74 long-term acute care hospitals, 22 inpatient rehabilitation hospitals, 11 sub-acute units, 98 inpatient rehabilitation units (hospital-based) and contract rehabilitation service businesses which served 1,689 non-affiliated sites of service. Ranked as one of Fortune magazine’s Most Admired Healthcare Companies for nine years, Kindred’s mission is to promote healing, provide hope, preserve dignity and produce value for each patient, resident, family member, customer and employee we serve. For more information, go to www.kindredhealthcare.com. You can also follow us on Twitter and Facebook.
(1) Revenues for the last twelve months ended September 30, 2018.
Netsmart designs, builds and delivers electronic health records (EHRs), solutions and services that are powerful, intuitive and easy-to-use. Our platform provides accurate, up-to-date information that is easily accessible to care team members in behavioral health, care at home, senior living and social services. We make the complex simple and personalized so our clients can concentrate on what they do best: provide services and treatment that support whole-person care.
By leveraging the powerful Netsmart network, care providers can seamlessly and securely integrate information across communities, collaborate on the most effective treatments and improve outcomes for those in their care. Our streamlined systems and personalized workflows put relevant information at the fingertips of users when and where they need it.
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Our more than 1,700 associates work hand-in-hand with our 600,000+ users in more than 25,000 organizations across the U.S. to develop and deploy technology that automates and coordinates everything from clinical to financial to administrative.
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