ABILITY Network acquires ShiftHound

Minneapolis-based ABILITY Network, an applications and analytics provider for revenue cycle management, acquired San Diego-based ShiftHound, a cloud-based software-as-a-service healthcare workforce management solutions company.

Under the acquisition, ShiftHound will become an ABILITY Center of Excellence. All ShiftHound employees will join ABILITY.

The transaction's financial terms were not disclosed.

"ShiftHound's workforce management solutions together with ABILITY's existing revenue cycle management and clinical management applications" will help providers "ensure they are staffed to acuity — improving quality of care while effectively managing costs," said Mark Pulido, chairman and CEO of ABILITY. 

More articles on healthcare finance: 
5 latest hospital, clinic closures
Patient Accounts Services, The Sirrus Group form new company
Bon Secours sees operating margin shrink in first half of FY 2017

© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months