Healthcare Holdings Group has formally announced the asset acquisition of 17-year-old private technology firm Clinical Data Technologies. The acquisition was completed in June 2012 and operations have formally integrated as of the end of July. In addition, Healthcare Holdings is pleased to announce the acquisition of Personal Health Record provider Access My Records, Inc. (“AMR”), this acquisition was completed in September 2012 through a share-exchange agreement.
AMR is now a wholly-owned operating subsidiary of Healthcare Holdings Group. Through this acquisition, Mr. Lenny Tambasco, former President of AMR, has been named the Chairman, CEO and President of Healthcare Holdings Group. AMR, a well established online PHR service provider since 2005, will now become the new cloud-based PHR Patient-Portal for HCH’s new Electronic Health Records software suite.
“The acquisition of CDT’s assets and AMR falls into the strategic investment planning, development, and market penetration behind the progressive and calculated approach of Healthcare Holdings Group, Inc,” said Mr. Tambasco. “HCH is re-engineering and rebranding the CDT software to ChartZoneMD software suite in preparation of obtaining Meaningful Use certification and the expanding Electronic Health Records market.” Mr. Tambasco went on to say, “AMR and ChartZoneMD are further united with SmartFormsMD, a customizable, medical voice-command module, complete with medical dictionary integration, which was already being developed by the HCH IT Team prior to these acquisitions. It’s a perfect rounding and addition for our investors and customers.”
Dr. Nancy Klotz, Chairman of CDT said “It’s a great opportunity for our investors to be part of a company with such commitment, focus, and resources in the EHR arena. The depth of their IT development team and their organization will bring the CDT software architecture into Meaningful Use certification and compliance in Q1 of 2013.”