What You Should Know:
– Azalea Health Innovations Inc. (Azalea Health or Azalea), a provider of cloud-based patient management and health IT solutions, today announced its acquisition of dashboardMD, an innovative cloud provider of business intelligence reporting solutions and healthcare analytics. Financial details of the acquisition were not disclosed.
– The acquisition pairs two true innovators in the health IT space — Azalea with its fully interoperable, cloud-based electronic health record and associated software modules, and a leading business intelligence reporting and healthcare analytics solutions vendor. Together, these companies will bring further disruption to the rapidly changing EHR market. dashboardMD President and CEO Jose Valerowill remain as Azalea Health’s CEO and Valero will assume leadership of Azalea’s advanced data analytics, Azalea Insights, as Director of Analytics.
Business Intelligence Reporting Solutions and Healthcare Analytics
dashboardMD is pulling the healthcare industry into the data age with its integrated operational, financial and clinical analytics solutions, placing unparalleled, insightful and actionable intelligence in the hands of clinical and operations teams. dashboardMD’s data-based solutions, including Population Health Management, Clinical Analytics, Financial Analytics and Operational Analytics modules help improve care management, raise clinical quality management (CQM) measures, and facilitate more efficient resource utilization and higher profitability.
“Incorporating dashboardMD’s unrivaled analytics capabilities in our clinician-friendly EHR and bringing Jose in to lead Azalea’s data analytics practice will empower providers to better manage clinical quality measures and have enhanced visibility into their revenue,” said Azalea Health CEO Baha Zeidan. “We couldn’t be happier that Jose recognized Azalea as the EHR best positioned to supercharge the healthcare analytics space and help the medical field take a giant step forward through our unparalleled joint offering.”