Mediware Information Systems, Inc., a provider of SaaS and other software platforms for non-acute care, human and social services, blood management, and medication management, is to acquire Kinnser Software, Inc., a provider of software solutions for home health and hospice providers, from Insight Venture Partners.
The amount of the deal – which is expected to close at the end of the second quarter subject to customary closing conditions, including regulatory approvals – was not disclosed.
The transaction, backed by TPG Capital, will enable Mediware to expand its portfolio in the home health and hospice space, creating an integrated software provider for the alternate care market.
Founded in 2003 by CEO Chris Hester, Kinnser provides software to more than 4,000 home health, hospice, and private duty home care professionals efficiently manage and streamline workflow operations. The company’s core products, Kinnser Agency Manager and Kinnser Hospice, offer software solutions for electronic medical record keeping, revenue cycle management, financial reporting, and quality assurance.
In February, TPG Capital closed its acquisition of Mediware.