Provation, the premier software and SaaS provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), has announced its acquisition of iProcedures, LLC, a top-rated provider of cloud-based anesthesia documentation and perioperative data management software solutions. Terms of the transaction were not disclosed.
For more than 25 years, Provation has been a market leader in procedure documentation software serving nearly 4,000 hospitals and health systems, ambulatory surgery centers (ASCs), medical offices, and anesthesia groups worldwide. By acquiring iProcedures, Provation is doubling down on its commitment to becoming the premier vendor for anesthesia providers, following its 2020 procurement of ePreop, a leading provider of anesthesia quality reporting and surgical care coordination solutions.
Consistently named a Black Book Leader and “Best in KLAS” #1 Anesthesia Vendor, iProcedures is known for its clinician-driven software solutions and high user satisfaction, serving 70 customers including nearly 740 hospitals, ASCs, and anesthesia groups globally. With iProcedures, Provation will further expand its portfolio of comprehensive solutions to include iPro Anesthesia, a cloud-based Anesthesia Information Management System (AIMS) designed by practicing anesthesiologists to automate and simplify anesthesia documentation, standardise the collection of quality measures, improve operational efficiencies, and optimize charger capture.
In addition to iPro Anesthesia AIMS, iProcedures brings a full suite of software solutions to improve clinical documentation and efficiency (iPro PACU, iPro PAT, iPro Perfusion), quality and charge capture (iPro Lite), and patient safety (iPro Med Management). iProcedures also brings onboard its industry partner relationships with Allscripts and MEDITECH, enabling strong interoperability and functionality advantages.
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