Vista Equity Partners, a private equity firm focused on investing in software and technology-enabled services, has completed its acquisition of the Sage Healthcare Division from The Sage Group plc. The new company will be called Vitera Healthcare Solutions (Vitera), and will continue serving the ambulatory market with its current line of electronic health records (EHR), practice management and revenue cycle management products.
Vitera's industry leading products include Intergy, Intergy EHR, Practice Analytics, Practice Portal, STS, as well as the Medical Manager practice management product. Vitera serves more than 400,000 healthcare professionals including 80,000 physicians and claims to be one of the largest healthcare solutions providers in the EHR and practice management markets. The company's products are also used by about 20 percent of all community health centers in the US, and process more than 33 million transactions and 1.8 million e-prescriptions monthly.
As part of the closing of the transaction Betty Otter-Nickerson, former President of Sage Healthcare Division, will be transitioning her leadership responsibilities to the newly appointed CEO of Vitera, Matthew Hawkins. Otter-Nickerson will remain a part of Vitera to support the transition for the remainder of the year.
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