US-based healthcare data management company Verisma has acquired Olah Healthcare Technology in an effort to streamline patient data management for US hospitals and healthcare facilities.
The acquisition is expected to bolster Verisma's position as a secure, end-to-end intelligent data management company in the healthcare sector.
Olah’s Enterprise Archiving Solution (EAS) is designed to integrate effortlessly with electronic health records, providing secure methods for retiring, archiving and accessing legacy data.
The companies aim to provide healthcare providers with an interoperable and scalable platform that ensures the safeguarding of patient information, enhances regulatory compliance, and optimises data security and accessibility.
Under the terms of the acquisition, Olah CEO Chad Hill is joining Verisma as Data Archiving senior vice-president.
Hill said: “Olah is thrilled to join Verisma – we’re eager to further invest in our EAS capabilities to continue to simplify the archiving process while leveraging Verisma’s expertise to improve data management.
“We look forward to driving efficiency gains, saving providers money, and reducing IT frustration – allowing the focus to remain on patient care.”
Verisma’s technology is certified by HITRUST and aims to improve interoperability and enable the advanced release of information and care coordination solutions.
The company claims its solutions meet the highest standards of data security and patient protection.
Verisma president and CEO Marty McKenna said: “Acquiring Olah furthers Verisma’s vision to be the market leader in data management across the healthcare continuum.
“Millions of patient records are accessed and delivered between systems and non-healthcare third parties every day – creating the need for health systems to partner with a technology vendor to manage this process in a private, secure and compliant manner.
“Providers require a trusted solution, and we’re a one-stop shop delivering the complete picture – helping manage accurate patient data across multiple sources flowing into, and out of, systems reliably.”
